You are here

ADB to lend India US$10b over next 5 years

The bank is setting aside some of its lending for financing credit guarantees

THE Asian Development Bank (ADB) has agreed to lend India US$10 billion over the next five years; the amount of money available for Indian development could, however, be many times more, if an ADB scheme to employ its loans in tapping India's institutional investor base succeeds.


Market voices on: