U.S. International Development Finance Corporation Current Affairs, GK & News

USAID, DFC & Kotak Bank loan agreement for women & MSMEs in India

USAID (United States Agency for International Development) and USDFC (U.S. International Development Finance Corporation) are sponsoring a US $50 million loan portfolio guarantee to the Kotak Mahindra Bank (KMBL). Key Facts This agreement was signed in order to support increased access of finance for women borrowers as well as micro, small & medium enterprises (MSMEs) ..