PREPARED BY: VIJAY KUMBHAR (10F38) MAHESH MARU (10F18) GOSAI NILESH (10F22) VIKESH KHURANA (10F39)

PRESENTED TO: Dr. Y. C. Joshi

G. H. Patel Post Graduate Institute of Business Management Sardar Patel University, Vallabh Vidyanagar-388120

The International Financial Corporation is a member of the World Bank Group and is headquartered in Washington, DC.
It shares the primary objective of all World Bank Group institutions i.e. to improve the quality of lives of people in its developing member countries. It was established in 1956. In the developing world, IFC is the largest multilateral source of loan and equity financing for private sector projects.

To study the functions of the IFC To study how IFC categorized the business activities To study how IFC promotes the growth of the private sector in less developed member countries To study investment policies and activities developed by IFC To study by IFC in India

IFC has currently 182 members, which determine its policies and approve investments.
To join IFC, a country must first become a member of the International Bank for Reconstruction and Development (IBRD). The corporate powers of IFC are vested in its Board of Governors, to which member countries appoint their representatives. IFC's share capital is provided by member countries, and voting rights are in proportion to the number of shares held. The President of World Bank Group Robert Zoellick is currently serving as the IFC's president also.

Promoting open and competitive markets in developing countries Supporting companies and other private sector partners where there is a gap Helping generate productive jobs and deliver essential services to the underserved Catalyzing and mobilizing other sources of finance for private enterprise development

It promotes sustainable private sector development

Providing financial assistance to the private sector projects and companies located in the developing world;

Helping private companies based in the developing world mobilize financing in the international financial markets;
Providing advisory and technical assistance to the businesses and governments While the World Bank finances projects with sovereign guarantees only, the IFC finances projects without sovereign guarantees also. This means IFC is primarily active in private sector projects

Like a bank, IFC lends or invests its funds to its customers and expects to make a sufficient riskadjusted return on its global portfolio of projects.
IFC supports projects with positive developmental outcomes, and to improve the outcome of such projects by various means. IFC provides both investment as well as advisory services. IFC's Advisory Services focus basically on five core areas: Access to Finance, Business Enabling Environment, Environmental & Social Sustainability, Infrastructure Advisory, and Corporate Advice.

Financing services Protection of interest Applicability of Certain Foreign Exchange Restrictions Valuation of Currencies Warning to be Placed on Securities Political Activity Prohibited

Risk Mitigation
Knowledge and innovation Standard setting

Policy work (together with world bank)

Category A activity
Category B activity Category C activity

Category F1 activity

Long term partner-first investment in india in 1958

Regional hub of south Africa (including Bangladesh, Bhutan, Maldiv, Nepal, Srilanka)

Office in India Delhi, Mumbai, Chennai, and Kolkata.

Cumulative IFC investments, India-march 2010 ($6.8bn)

IFC committed portfolio , India- December 2010 ($3.6bn)

IFC against AIDS

1950-60: Kirloskar Oil Engines

1970: HDFC, Zauri Industries etc. 1980: Ashok Leyland, mahendra & Mahindra, Tata steel, etc 1990: Moser baer, IDFC, Jet Airways, 2000: Apollo tyres, Dabur Pharma, ING vysya, TVS motors,

Cairn India etc.

2010: Central bank of india, Auro mira and Utkarsh

Microfinance

 addressing barriers to inclusive growth

enabling environment for investments in low income
states

ramp up PPP advisory for infrastructure services

Enhancing access to irrigation, drinking water, health

and education sectors