Investment subsidiary of the World Bank,
International Finance Corporation (IFC) is likely to invest $400 million in equity deals in Financial Year 2014 in India, IFC said. For IFC, India has emerged as the second largest market in Asia, after China, for direct equity investments.
IFC expects to do 25 per cent of its new investments in equity in India. IFC termed India as the top three economies in the world.
The equity component of IFC's investment in a country doesn't go beyond 25 per cent of its total investment commitment -including loans and other products - for that particular country.