Tag: OPIC

IndusInd Bank to raise $225 m to support MSMEs in India

The IndusInd Bank has entered into an agreement with Overseas Private Investment Corporation to raise $225 million loan to support expansion of its micro, small and medium enterprise lending programmes across India. At least 25 per cent of the proposed facility will support women entrepreneurs an…

RBL Bank, NeoGrowth & OPIC sign pact for SME financing in India

RBL Bank Limited, NeoGrowth Credit  Pvt. Ltd and Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance Institution have jointly committed to provide financing for small and medium enterprises (SMEs) in the Indian retail space. RBL Bank, one of India’s fastest g…