JICA, Citi to provide USD 125 mn to Indusind Bank for onlending to agri sector
The funding includes a JPY 13 billion (approx USD 97.45 million) loan from the Japan International Cooperation Agency (JICA) and another USD 30 million from Citi to Indusind, it said. The statement said Citi arranged the high impact social finance offering to improve financial access for farmers and catalyze capital investment in the agricultural sector in India.
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