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Saturday, November 17, 2001

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IFC, NIIT and Citibank sign MoU

CHENNAI: The International Finance Corporation (IFC) is finalising plans to help India embrace information technologies by investing in student loans for information technology education and financing a pilot project to develop Internet-based education for children in the Indian slums. Mr. James D. Wolfensohn, President of the World Bank Group, signed the memoranda of understanding for the two IFC projects that would be undertaken with NIIT, a major Indian education organisation.

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