ADB, HSBC India sign a $100 million partial-guarantee program to promote micro loans

HSBC India will expand its lending to microfinance institutions and non-bank finance companies, with ADB will partially guarantee the loans. About 4 lakh borrowers can be supported through this initiative, HSBC said.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/dG9WRwb
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