PROJECT

Projects

Summary of Investment Information

Project Number

49979

Company Name

Credila Financial Services Limited

Date SPI Disclosed

Oct 16, 2025

Country

India

Region

South Asia

Projected Board Date

Jul 1, 2025

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Oct 16, 2025

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Jul 1, 2025
Signed : Jul 24, 2025
Invested : Aug 5, 2025

Sector

Other Non-Banking Financial Institution (NBFI)

Project Description

The investment consists of a US$ denominated senior loan to Credila Financial Services Limited (Credila or the Company). IFC has committed up to US$200 million from its own account and supported mobilization of total financing package of US$750 million to the Company. IFC’s investment proceeds will be utilized by Credila for financing students’ overseas education (for under graduation or master degrees), a majority of IFC’s proceeds will be targeted towards providing finance to students from the Economically Weaker Sections (EWS) and a portion will be earmarked towards on-lending to women borrowers (the Project).

Associated Advisory Engagement

            

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation