BANKING & FINANCE
UGRO Capital Raises ₹380 Cr From Dutch Bank FMO Through NCD Issue
UGRO Capital Ltd, an MSME-focused DataTech lending platform, has raised ₹380 crore through the issuance of 38,000 senior, secured, rated, listed, redeemable and transferable non-convertible debentures (NCDs) to FMO, the Dutch entrepreneurial development bank. This is FMO’s third investment in UGRO Capital in less than three years. It follows NCD investments of ₹250 crore in […]
CW Bureau
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Sep 16, 2026
INFRASTRUCTURE
ADB Grants $230 Mn To Modernise Chennai’s Water And Sanitation Infra
The Government of India and the Asian Development Bank (ADB) have signed a $230 million loan agreement to modernise and expand Chennai’s water supply and sanitation infrastructure, with a focus on climate resilience, public health and improved urban services. The Chennai Climate-Resilient Water Security and Sewerage Project is aimed at expanding access to safe and […]
CW Bureau
·
Aug 21, 2026
ECONOMY
ADB Grants $42.2-Mn Loan To Boost Bamboo Industry In Northeast India
The Asian Development Bank (ADB) has approved a $42.2 million Small Expenditure Financing Facility (SEFF) to strengthen the bamboo industry across India’s northeastern states, with the aim of boosting agricultural productivity, improving rural livelihoods, and reducing dependence on bamboo imports. The financing will support community-based projects across Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, promoting […]
CW Bureau
·
Jun 26, 2026
BANKING & FINANCE
ADB Provides $100Mn Credit Support To Motilal Oswal Home Finance
Motilal Oswal Home Finance Ltd (MOHFL) has signed a $100 million debt financing agreement with the Asian Development Bank (ADB), marking a significant step in expanding affordable housing finance and promoting green housing development across India. The company will raise the rupee-equivalent amount through non-convertible debentures (NCDs). The transaction underscores strong confidence from a leading […]
CW Bureau
·
Mar 4, 2026
