Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Jain Irrigation Climbs in India on Approval of Lending Venture

Jain Irrigation Systems Ltd., the second-largest drip irrigation company in the world, won regulatory approval from India for a non-banking lending venture with the World Bank’s International Finance Corp.

The shares climbed as much as 5.4 percent, the most in seven weeks, after India’s biggest irrigation company announced the RBI’s approval of the venture to loan to farmers seeking private-sector financing of agricultural and water needs.

Loans will be targeted to small farm and rural ventures to increase water-use efficiency including micro-irrigation systems and plastic pipes and agricultural production as well as for solar pumps. The joint venture will be based in Mumbai and start operations after the monsoon season, Jalgaon, India-based Jain said today in a statement.

Netafim Ltd. of Israel is the largest micro-irrigation equipment maker.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.