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Rockefeller Foundation Appoints Deepali Khanna as Managing Director for Asia

Climate Change: The world depends on a low-carbon India

Climate Change: The world depends on a low-carbon India © Provided by The Financial Express They developed several policies and laws related to DRE since it prioritised renewable energy at the national level in 2008. By Deepali Khanna Between now and 2027, India is set to become the world s most populous country. No one questions its right to development, or the fact that its current emissions per person are tiny. But when building the new India for its 1.4 billion people, whether it relies on coal and oil, or clean, green energy will be a major factor in whether global warming can be tamed.

Northern Arc Raises Inr 40 Crore Debt From Kotak Mahindra Bank to Support Pandemic Hit MSME s and Micro-entrepreneurs

Debt facility backed by guarantees from Michael & Susan Dell Foundation and Rockefeller Foundation Under-banked households and micro-entrepreneurs across the country with a monthly household income of less than INR 25,000, will be the key beneficiaries of the funding Chennai, April 19, 2021: Northern Arc, one of India’s leading digital debt platforms, today announced that it has received INR 40 crore of debt financing from Kotak Mahindra Bank, one of the country’s largest private banks. The facility is backed by partial guarantees from The Michael & Susan Dell Foundation (MSDF) and The Rockefeller Foundation. The transaction is part of the covid-response package of both these impact institutions, that aims to alleviate the economic and social impact of the pandemic.

Kotak Mahindra Bank: Northern Arc Capital gets Rs 40 crore from Kotak Mahindra Bank

Synopsis The proceeds from this investment will be channeled to retail households and microentrepreneurs with a household monthly income of less than Rs 25,000, Northern Arc said. Getty Images Over the last year, Northern Arc has raised debt from an array of global development financial institutions and impact-investors such as US International Development Finance Corporation, Asian Development Bank, Calvert Impact Capital. KOLKATA: Non-bank lender Northern Arc Capital has received Rs 40 crore of debt from Kotak Mahindra Bank, the company announced Monday. The facility is backed by partial guarantees from Michael & Susan Dell Foundation and Rockefeller Foundation. The transaction is part of the covid-response package of both these impact institutions, that aims to alleviate the economic and social impact of the pandemic.

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