 "YES Bank raises $200 mn from ADB")
Private Sector lender YES Bank raised $200 million as unsecured loan from Asian Development Bank (ADB) to finance working capital and investment loans targeted towards small farm households and rural women Self Help Groups (SHGs).
ADB will also provide a capacity development technical assistance grant up to $1 million to YES Bank. This amount will be raised towards capacity building, improving the financial literacy of women borrowers, and for Agriculture value chain integration.
ADB will also provide a capacity development technical assistance grant up to $1 million to YES Bank. This amount will be raised towards capacity building, improving the financial literacy of women borrowers, and for Agriculture value chain integration.