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Page-4 of Topic: ADB

ADB to increase Annual Lending to India to $4 billion

The Asian Development Bank (ADB) has decided to increase its annual lending to India to maximum of $4 billion between 2018 and 2022 to help fasten inclusive economic...

September 28, 2017

Myanmar becomes 7th member of SASEC

Myanmar became the 7th member of South Asia Sub-regional Economic Cooperation (SASEC) program of Asian Development Bank (ADB). It was officially made member at the SASEC Finance Ministers’...

April 3, 2017

India, ADB sign $500 million loan to build longest river bridge across Ganges River

The Union Government and Asian Development Bank (ADB) have inked a $500-million loan agreement to build a 9.8 km long road bridge across the Ganga River in Bihar....

November 16, 2016

ADB approves $631 million loan for Vizag-Chennai industrial corridor

Multilateral funding agency Asian Development Bank (ADB) has approved $631 million loan for building India’s first coastal industrial corridor between Visakhapatnam (Vizag) and Chennai. The fund will help develop...

September 21, 2016

Takehiko Nakao re-elected as President of Asian Development Bank

Takehiko Nakao has been re-elected for a 2nd term as the President of the Asian Development Bank (ADB), which is beginning from November 2016. He was unanimously elected...

August 5, 2016

ADB approves $500 million loan for bridge over Ganga River in Bihar

The Asian Development Bank (ADB) has approved a 500 million dollars loan to build a bridge across the Ganga River in Bihar. The loan funds will be used...

June 25, 2016

ADB, India ink pact to upgrade 176 km roads in Jharkhand

Multilateral lending agency Asian Development Bank (ADB) has signed a loan agreement with India for providing new loan of 200 million dollars to upgrade 176 km of roads...

June 8, 2016

ADB and USAID ink MoU to develop solar parks in India

The Asian Development Bank (ADB) and the Unites States Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) for development of solar parks in India....

March 29, 2016

India, ADB ink $80 Million Loan Agreement to Improve Urban Services in Agartala and Aizwal

Union Government and Asian Development Bank (ADB) have signed $80million loan agreement to improve urban services in two North Eastern cities Agartala and Aizwal. This loan agreement is...

January 30, 2016

Indian-American Swati Dandenkar appointed as US Director of ADB

India-born Swati Dandekar has been appointed as the United States director of the Asian Development Bank (ADB). She was nominated to this position by US President Barack Obama...

November 23, 2015

ADB pledges $120 million loan to finance India, Bangladesh electricity link under SASEC Programme

The Asian Development Bank (ADB) has pledged to provide 120 million dollar loan in order to finance cross-border electricity link between Bangladesh and India under SASEC Programme. In...

November 21, 2015

India signs Loan Agreement with ADB for upgrading Tourism Infrastructure and Services

Union Government has inked a loan agreement with Asian Development Bank (ADB) for US 123.51 million dollars for Infrastructure Development Investment Program. The 3 tranche loan will be...

September 28, 2015

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