Asian Infrastructure Investment Bank (AIIB) has released $50 million loan to L&T Infrastructure Finance Ltd. This is the first tranche of a $100 mn loan to L&T Infrastructure Finance Ltd for funding Renewable Energy projects in the country. This loan has been extended by the Bejing-based multilateral development bank to on-lend to large and mid-scale wind and solar power infra projects in India.
A $100 million loan sanctioned by the Asian Infrastructure Investment Bank (AIIB) to the unit of L&T Finance Holdings is AIIB’s first loan to a non-banking financial company (NBFC) in India.
Important takeaways for all competitive exams:
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
Kargil Vijay Diwas is celebrated on July 26, every year in India in remembrance of…
Pralhad Joshi, a cabinet minister in the Union Government, has been given the additional responsibility…
National News India Launches Electric Boat Pilot on Ganga River India launched the Electric Boat…
In an important move, Honorable Prime Minister Narendra Modi has extended an invitation to Bangladesh…
The state of Odisha, HCL Technologies (HCLTech) unveiled its intention to set up an AI-optimised…