ADB Keeps India’s GDP Growth Unchanged at 7%: The Asian Development Bank, based in Manila, maintained its projection for India’s economic growth for the fiscal years 2022–2023 at 7%. The bank also forecasted a weaker-than-previously expected pace for developing Asia. As opposed to 8.7% GDP growth in the previous fiscal year, the seven percent growth […]
Axis Bank has signed a USD 150 million Partial Guarantee Facility Agreement (PGFA) with the Asian Development Bank (ADB) to support supply chain financing for impact sectors. The programme will have a special focus on ESG (environmental, social and governance). The deal will help Axis Bank to boost its support of SMEs, contribute to economic growth, and create jobs that improve people’s
Axis Bank and ADB collaborate to offer supply chain finance Read More »
