The National Development Bank (NDB) was provided with a syndicated loan of $125 million by the International Finance Corporation (IFC). The loan will be used to aid the financing of 50,000 micro, small and medium enterprises by 2018. The Chief Executive Officer of NDB Bank Rajendra Theagarajah said that there would be second loan granted by the IFC by June 2014 amounting to nearly $200 million.
FlashNews:
Officials Gear Up for Full Operationalisation of Western Dedicated Freight Corridor
Transition to Bioenergy Requires Cohesive Effort Across Entire Value Chain: Naik
Air India, Singapore Airlines Ink Cooperation Framework to Deepen Partnership
Manohar Lal Flags Off Countdown to Global Bharat Electricity Summit 2026 in March
Project Kaundinya: India, Oman Must Collaborate on Green Shipping Corridor, Says Sonowal
Project Kaundinya: OneWeb Connectivity Powers Indian Navy’s Historic INSV Kaundinya Voyage
Project Kaundinya: INSV Kaundinya Voyage Revives India‑Oman 5,000-Year-Old Maritime Legacy
CII Suggests Mandates and Incentives to Drive India’s Green Hydrogen Economy
India’s Construction Equipment Demand Falls 9%, Exports Surge Amid Revival Prospects
Coal and the Grid: Why India Still Needs Baseload Power
RVNL to Build 200-Wagon POH Workshop in Odisha Under ₹2.01 Billion EPC Contract
NHAI Launches Internship Programme to Build Highway Talent Nationwide
Powerplay Rolls Out Procurement-Linked Credit to Unlock Contractor Cash Flows
IREDA Earns ‘Excellent’ MoU Rating for Fifth Year, Cementing Role in Clean Energy Financing
Inox Clean Energy Secures ₹31 Billion Equity at ₹500 Billion Valuation
Centre’s ₹2.35 Billion Port Push in Tamil Nadu, Sonowal Flags Maritime-Led Growth
Indian Railways to Roll Out 52 Reforms in 52 Weeks; Targets Single-Digit Accidents by FY2027
India Stays the Course as Combative Trump Exits International Solar Alliance
Energy Security, Investment and Decarbonisation to Take Centrestage at India Energy Week 2026
Home » National Development Bank
Tag: National Development Bank
Post
