asian development bank
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ADB strives $25 billion for India’s infra, social and green needs
ADB strives $25 billion for India's infra, social and green needs The Asian Development Bank (ADB) in order to help India fulfil its most pressing development requirements, pledged up to $25 billion over the course of the next five years...
Published On February 22nd, 2023 -
ADB Keeps India’s GDP Growth Unchanged at 7%
The Manila-based Asian Development Bank kept its economic growth outlook for India unchanged at seven percent for the fiscal 2022-23. The bank also forecasted a weaker-than-previously expected pace for developing Asia. The seven percent growth projection for fiscal 2022-23, unchanged...
Published On December 15th, 2022 -
Asian Development Bank pares 2022-23 GDP growth forecast for India to 7%
The Asian Development Bank (ADB) has pared its 2022-23 growth projection for India’s economy to 7% from 7.5% estimated in April, terming it a “modest downward revision” driven by higher-than-anticipated inflation and monetary tightening. The Bank also raised its inflation...
Published On September 22nd, 2022 -
India emerges as Sri Lanka’s largest bilateral lender overtaking China
India becomes the largest bilateral lender for Sri Lanka and overtakes China. In four months of 2022, India has provided a total of 968 million US Dollars in loans to Sri Lanka. China has been the largest bilateral lender to...
Published On September 20th, 2022 -
ADB lends record USD 4.6 bn loans to India in 2021
As per the data official released by the Asian Development Bank (ADB), it provided a record USD 4.6 billion in sovereign lending to India in 2021. This included USD 1.8 billion towards coronavirus disease (COVID-19) pandemic response. The ADB's regular...
Published On February 7th, 2022 -
ADB approves $500-million loan to improve quality of school education
The Asian Development Bank (ADB) has approved a $500 million loan to the Government of India to help improve the quality of the country’s school education and mitigate the impact of the Covid-19) pandemic on students’ learning. The loan supports...
Published On December 4th, 2021 -
ADB approves USD 1.5 bn loan to India for COVID-19 vaccine procurement
Asian Development Bank (ADB) has approved a $1.5 billion loan (approx Rs 11,185 crore) to help the Government of India purchase safe and effective vaccines against the coronavirus (COVID-19). The fund will be used to procure at least 66.7 crore...
Published On November 26th, 2021
