L&T Infrastructure Finance Company Ltd. (LTIF), the wholly owned subsidiary of L&T Finance Holdings Ltd., announced that it has received the first tranche of $50 million of the total $100 million ECB loan from Asian Infrastructure Investment Bank (AIIB), a multilateral development bank that invests in sustainable infrastructure. This development marks AIIB’s first loan to…
The Asian Infrastructure Investment Bank, a Beijing-based multilateral development bank with a mission to improve social and economic outcomes in Asia, announced that it has approved a $750 million loan to India to assist the government to strengthen its response to the adverse impacts of the COVID-19 pandemic on millions of poor and vulnerable households.…
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of $500 million to support India’s efforts to prevent, detect and respond to the threat posed by COVID-19 by strengthening the preparedness of the country’s national health system. The project is funded by AIIB’s COVID-19 Crisis Recovery Facility created to adapt to…