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Thursday, December 20, 2007
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Equity News
Dec 15 2007 4:36PM
ADB to provide a loan of $500 million to India
The Asian Development Bank (ADB) will provide a loan of $500 million to India for promoting public-private partnerships (PPPs) between the government and private sector for expanding investments in infrastructure.

The loan will be provided to government-owned India Infrastructure Finance Company (IIFC) in multiple tranches over the next four years.

It is estimated that the money will help catalyse private-sector investments in infrastructure of up to $3.5 billion.

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Equities: Trading through Reliance Securities Limited | NSE SEBI Registration Number Capital Market :- INB 231234833 | BSE SEBI
Registration Number Capital Market :- INB 011234839 | NSE SEBI Registration Number Derivatives :- INF 231234833 Commodities : Trading through Reliance Commodities Limited | MCX member code: 29030 | NCDEX member code: NCDEX-CO-05-00647|
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