India’s fourth largest private sector bank – Yes Bank – has received another round of $150 million funding from US government and Wells Fargo to fund small and medium enterprises (SME) lending. Overseas Private Investment Corporation (OPIC) will provide $75 million in financing to Yes Bank and up…
Tag: Dev Jagadesan
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…