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ADB LOAN CHENNAI
Pledged $2.6 bn sovereign loans to India in 2023: ADBThe Asian Development Bank (ADB) has pledged $2.6 billion in sovereign lending to India in 2023 for projects aimed at urban development, in...
ADB commits USD 2.6 billion in sovereign lending to IndiaAsian Development Bank (ADB) committed USD 2.6 billion (about Rs 21,500 crore) in sovereign lending to India in 2023 for various projects. ...
ADB, India sign USD 350 million loan to expand metro rail network in ChennaiThe investment project supports the development of three new metro lines -- 3, 4, and 5. For line 3, the project will construct 10.1 kilome...
India, ADB sign $1.2 billion loan agreements for infrastructure projectsThe agreements would cover projects for improving the power sector and highways in the northeastern states of Tripura and Assam, metro rail...
ADB approves $ 780 million loan for bettering Chennai metro rail system“This project will expand Chennai’s metro rail system to provide a safe and integrated transport solution essential in improving urban mobi...
ADB lends record USD 4.6 bn loans to India in 2021Of the COVID-19-related assistance, USD 1.5 billion was towards vaccine procurement and USD 300 million to strengthen primary health care i...
Ex-RBI Governor Urjit Patel appointed Vice President of AIIBIndia is a founding member of the Asian Infrastructure Investment Bank (AIIB) with the second highest voting share after China. It is heade...
India, ADB sign USD 251 mn loan for urban flood management in ChennaiDepartment of Economic Affairs Additional Secretary Rajat Kumar Mishra and ADB India Resident Mission Country Director Takeo Konishi signed...
ADB, AIIB processing $2 billion loan for India to buy COVID-19 vaccinesOf the USD 2 billion loan, the Manila-based ADB is expected to finance USD 1.5 billion and AIIB is considering providing USD 500 million, A...
Chola raises Rs 1,057 crore from ADB via NCDsADB’s assistance to Chola is composed of senior secured nonconvertible debentures.
India, ADB ink $375 million loan pact for industrial corridorADB had last September approved USD 631 million in loans and grants for the industrial corridor.
ADB clears $631 million loan for Vizag-Chennai industrial corridorThe ADB loan will help the government build state-of-theart industrial clusters, roads, efficient transport, and reliable water and power s...
Microfin companies will soon have up to Rs 450 crore more to lendThe ADB guarantee was designed with the objective of partnering with financial institutions that actively lend to MFIs in ADB’s member coun...
ADB, India ink 3 loan pacts worth $605 millionADB has agreed to tender $ 130 million loan to help India improve rail services along some of its busiest and most critical freight and pas...
- Asian Development Bank aided project to prevent sea-water incursion
The project involves strengthening and re-constructing of infrastructure related to flood-water utilisation which would help recharge groun...
- ADB extends $500 mn loan to Indian Railways
ADB has approved USD 500 million loan to help India improve rail services along some of the country's busiest freight and passenger routes.
- ADB to assist in preparing roadmap on tourism infrastructure
Asian Development Bank will assist the Centre in preparing a roadmap to develop tourism infrastructure.