Banking

ADB lends record USD 4.6 bn loans to India in 2021

ADB lends record USD 4.6 bn loans to India in 2021 – Asian Development Bank (ADB) has provided a record USD 4.6 billion in sovereign lending to India in 2021 including USD 1.8 billion towards coronavirus response. the Data was released by the Asian Development Bank (ADB) on February 6th, 2022.

  • The Asian Development Bank has given a record USD 4.6 billion in sovereign lending to India in 2021 for 17 loans and also helped of USD 1.8 billion for the India’s coronavirus disease (COVID-19) pandemic response.
  • ADB will support India’s fight against COVID-19 and its other development priorities including managing urbanisation, raising industrial competitiveness to create jobs, improving connectivity and enhancing skills.

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