L&T Finance signs $125 million deal with ADB to offer rural lending
Women borrowers will receive 40% of the funds, with the remaining will go to farmers, MSMEs, and loans for the purchase of new two-wheeled vehicles
asian development bank
November 2023
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December 2019
ADB to provide concessional loan to India under green financing facility
Asakawa assured support to initiatives such as PM Gati Shakti, GIFT City and Green Hydrogen Hub, and future cities of India amongst others through ADB's Country Partnership Strategy 2023-27 for India
ADB retains India’s GDP forecast at 6.4% for FY2023
In India, ADB thinks, investment growth will remain "robust", underpinned by "strong" bank credit growth & demand for housing, and supported by RBI’s policy
FM Sitharaman urges ADB for concessional climate finance
Sitharaman raised the issue during a bilateral meeting with ADB President Masatsugu Asatkawa.
Shaktikanta Das pitches for rupee, CBDC use for cross-border trade in South Asia
The RBI Governor says the global trade outlook for 2023 remains "overcast", but greater intra-regional trade can enhance growth and job opportunities in the region.
ADB cuts India’s FY20 growth forecast to 5.1%
The Asian Development Bank cites the credit crunch and a rise in risk aversion in financial markets caused by the IL&FS crisis for the revision.
