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01 Aug 2022
Jana Small Finance Bank Limited (formerly known as Janalakshmi Financial Services Limited) Debt Financing in India (Loan No. 7481)
ON GOING EVALUATION. In June 2016, the ADB Board of Directors approved a loan of up to $150 million (in rupee equivalent) to JSFB, which could take the form of either a bilateral loan or subscription to nonconvertible debentures. ADB also approved access to technical assistance (TA) of up to $250,000 under the regional Technical Assistance for Business Development and Implementation Support for Non-Sovereign Operations project.
