List of Loan Agreements Signed With Asian Development Bank

Posted on:18 Nov 2018 09:00:02
List of Loan Agreements Signed With Asian Development Bank
18 November 2018 Current Affairs: India and ADB have signed 3 important loan agreements in various fields/projects in New Delhi.

The signatories to the loan/projects Mr. Sameer Kumar Khare, Additional Secretary (Fund Bank and ADB), Department of Economic Affairs, Ministry of Finance; and Mr. Kenichi Yokoyama, Country Director of ADB’s India Resident Mission, who signed for ADB.

The 3 Loan Agreements Signed between India and ADB are: 

A $300 million Loan Agreement to support lending by India Infrastructure Finance Company Limited (IIFCL). 

A $169 million loan as the First Tranche of a $500 million multi-tranche financing to develop climate-resilient water supply, sewerage, and drainage infrastructure in at least 10 cities in the State of Tamil Nadu.
India and ADB have signed 3 important loan agreements in various fields/projects in New Delhi.

The signatories to the loan/projects Mr. Sameer Kumar Khare, Additional Secretary (Fund Bank and ADB), Department of Economic Affairs, Ministry of Finance; and Mr. Kenichi Yokoyama, Country Director of ADB’s India Resident Mission, who signed for ADB.

The 3 Loan Agreements Signed between India and ADB are: 

A $300 million Loan Agreement to support lending by India Infrastructure Finance Company Limited (IIFCL). 

A $169 million loan as the First Tranche of a $500 million multi-tranche financing to develop climate-resilient water supply, sewerage, and drainage infrastructure in at least 10 cities in the State of Tamil Nadu.

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