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A service for global professionals · Wednesday, March 26, 2025 · 797,184,364 Articles · 3+ Million Readers
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India & Pakistan Asian Development Bank Newswire

  • Published on 03:45 GMT

    Is $1.4b WB-ADB budget support uncertain as IMF delays loan?

    Summary: IMF loan delay stalls $1.4B budget support from WB and ADB Additional $800M in doubt from AIIB, OPEC Fund, and JICA IMF's concerns over revenue, exchange rates, and reserves caused ripple effects Experts warn IMF stall halts macroeconomic …

    Source: The Business Standard - Neutral
  • Published on Mar 25, 2025

    ADB & Shriram Finance Sign Deal To Boost EV Financing in India

    Shriram Finance’s latest transaction is part of a total $306 million financing package led by ADB as the mandated lead arranger and book runner. This includes a loan of $150 million from the Japan International Cooperation Agency and Rs. 500 million from …

    Source: Saur Energy - Label Pending
  • Published on Mar 25, 2025

    Majority in Pakistanis have no access to financial services: ADB

    Business Business Majority in Pakistanis have no access to financial services: ADB Close The report said only 21% population has bank account or access to a mobile money transaction Follow on Updated On: Tue, 25 Mar 2025 15:46:49 PKT ISLAMABAD (Dunya News) …

    Source: Dunya News - Label Pending
  • Published on Mar 25, 2025

    ADB highlights millions in Pakistan still without bank accounts

    The Asian Development Bank (ADB) has released a report on financial services in Pakistan, highlighting that millions of people in the country still lack access to banking facilities. According to the report, over 1 billion people in developing countries, …

    Source: ARY News - Label Pending
  • Published on Mar 25, 2025

    Digital Finance in Pakistan: Growth, Challenges, and the Road Ahead

    Digital financial services in Pakistan are expanding, but widespread adoption remains a challenge. The Asian Development Bank (ADB) highlights the need for urgent policy action to remove cost barriers, build trust, incentivize adoption, and ensure …

    Source: PhoneWorld - Neutral
  • Published on Mar 25, 2025

    Digital financial services: Govt, regulators must develop frameworks: ADB

    ISLAMABAD: The government and regulatory authorities must move quickly to establish frameworks for digital financial services that address cost barriers, promote trust, incentivise adoption, and ensure interoperability while protecting consumers and …

    Source: Business Recorder - Neutral
  • Published on Mar 25, 2025

    ADB advises merchant adoption, digital payments

    ISLAMABAD: Calling for regional cooperation to mobilise climate finance and ease political tension and restrictions to foreign direct investment, the Asian Development Bank has advised Pakistan to go for full merchant adoption and digital payment systems. …

    Source: Dawn - Center-left
  • Published on Mar 24, 2025

    ADB and Shriram Finance Sign Deal to Boost MSME and EV Financing in India

    NEW DELHI, INDIA (24 March 2025) — The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India with a focus on …

    Distribution channels: Banking, Finance & Investment Industry
  • Published on Mar 24, 2025

    ADB, Shriram Finance sign deal to boost MSME, EV financing in India

    MANILA, March 24 (Xinhua) -- The Asian Development Bank (ADB) Monday said it has struck a deal with an Indian non-banking financial firm to help Indian companies acquire loans and fund the manufacture of electric vehicles (EVs). The deal includes a loan …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Mar 25, 2025

    Govt approves Rs1.3tr mega projects

    Listen to article ISLAMABAD: The government on Tuesday approved over a dozen mega projects worth Rs1.3 trillion, many of which were already under implementation but have seen significant cost escalations. Among them is the construction of a new federal- …

    Source: The Express Tribune - Uncategorized
  • Published on Mar 24, 2025

    India Digest: DCDC Kidney Care, Apna Mart raise funding

    DCDC Health Services has secured an investment of nearly $17.4 million, while Apna Mart has raised nearly $25 million in equity and debt funding. DCDC Kidney Care raises $17.4m DCDC Health Services Pvt. Ltd. (DCDC), which operates dialysis centres under …

    Source: Deal Street Asia - Neutral
  • Published on Mar 25, 2025

    Asian economies grapple with uncertainty of Trump’s tariffs and slowing China

    Open this photo in gallery:People walk near a popular shopping street in Beijing on Feb. 3.GREG BAKER/AFP/Getty Images In 2019, analysts at McKinsey wrote that “we’ve entered the Asian Century and there is no turning back.” Asian economies, led by …

    Source: The Globe and Mail - Neutral
  • Published on Mar 21, 2025

    Pakistan receives $4.9b in eight months

    ISLAMABAD: Pakistan received a total of $4.9 billion from foreign sources during the first eight months of the current fiscal year (July to February), while $2.4 billion was received from aid agencies during the same period, according to officials from the …

    Source: The Express Tribune - Uncategorized
  • Published on Mar 21, 2025

    India’s Power Sector Faces Transition Hurdles Amidst Market Reforms, Says Report

    India's power sector is evolving with market reforms, competition, and renewable energy expansion. The Electricity Act of 2003 accelerated this shift, but financial struggles of discoms, regulatory uncertainties, and grid integration challenges …

    Source: Energetica India - Label Pending
  • Published on Mar 21, 2025

    Pakistan receives $4.9bn in foreign aid and loans in 8 months

    Pakistan has received $4.9 billion in external financial assistance during the first eight months (July-February) of the current fiscal year, according to a report released by the Economic Affairs Division. The country has set a foreign funding target of $ …

    Source: Samaa - Uncategorized
  • Published on Mar 24, 2025

    DCDC Kidney Care raises ₹150 cr from ABC Impact

     DCDC Health Services Private Ltd (DCDC), which operates dialysis centres under the DCDC Kidney Care brand, has secured a investment of ₹150 crore from Singapore-based ABC Impact, the Asia-focused impact investor backed by Temasek. Founded in 2009, DCDC …

    Source: The Hindu Business Line - Neutral
  • Published on Mar 23, 2025

    World Bank likely to approve $70 million for FBR reforms

    ISLAMABAD: The World Bank (WB) is expected to approve an additional $70 million in International Development Association (IDA) credit for Pakistan Raises Revenue (PRR) to support the Federal Board of Revenue (FBR) in implementing its new Transformation …

    Source: Profit by Pakistan Today - Neutral
  • Published on Mar 23, 2025

    World Bank likely to approve additional IDA credit to PRR

    ISLAMABAD: The World Bank (WB) is likely to approve an additional International Development Association (IDA) credit in the equivalent amount of $70 million to the Pakistan Raises Revenue (PRR) to provide additional investment financing to the Federal …

    Source: Business Recorder - Neutral
  • Published on Mar 22, 2025

    This is the Most Expensive Country to live in Asia - Not Singapore or Japan or China

    Lacking funds According to a recent assessment, pakistan, which is struggling with a collapsing economy, has earned the unenviable distinction of being the most expensive country in Asia to live in. According to a research by the Asian Development bank ( …

    Source: India Herald - Uncategorized

05 days 22:36:17

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