List of Various Loans/ Funds Provided by Banks to Organisations/ State Government

List of Various Loans/ Funds Provided by Banks to Organisations/ State Government: Dear Aspirants, Here we have given the List Various Loans Provided by Banks for the upcoming Bank, SSC and other competitive exams. General Awareness Section plays a vital role in Competitive Exams. Aspirants who cleared the Banking Preliminary Examination need to focus more on General Awareness Section to crack the Main Exam. General Awareness section is one of the easiest parts where you can increase the overall score. Now a day, Current Affairs Part in General Awareness was trickier and students were struggling to score more. Here we have given the Various Loans Provided by Banks. This was one of the Most Important Topics in Current Affairs Section. This Pdf contains a sure shot of one mark which makes a huge difference from others.

List of Various Loans/ Funds Provided by Banks to Organisations/ State Government

APRIL & JUNE 2021

Name of Organisation involved in loan agreement Loan to whom Loan Amount Purpose
SBI+ Japan Bank for International Cooperation   $1 billion To extend loans to the supply chain of Japanese automobile industry in India.
World Bank+ Asian Infrastructure Investment Bank (AIIB) Punjab USD 300 million For canal-based drinking water projects in Punjab.
China Development Bank Sri Lanka USD 500 million To ensure fiscal stability in the country amidst the challenges posed by the pandemic.
Deutsche Bank NCDC Rs.600 crore For financing farmer cooperative initiatives in India
Indian Bank The Chennai Angels Rs.50 crore To finance start-ups under the bank’s loan product IndSpringBoard.
World Bank (WB) Bangladesh USD 300 million Resilience, Entrepreneurship and Livelihood Improvement (RELI) Project.
World Bank   expands $20 billion from a previous target of $12 billion To boost available funding for COVID-19 vaccine purchases,citing a sharp increase in overall financing demand from developing countries.
World Bank Pakistan USD 800 million To cash-strapped Pakistan, financing schemes on clean energy and human capital development.
World Bank India USD 500 million To support India’s informal working class to overcome the current pandemic distress.
NABARD Odisha Rs 388 crore Rural Infrastructure Development Fund (RIDF) for setting up four mega piped drinking water supply projects.
NABARD Assam Rs.1236 crore To improve the sustainable agriculture practices and double the farming community’s income inAssam.
ADB Sikkim $2.5million To support preparation and design activities to upgrade major district

roads in Sikkim.

ADB+GOI Tamilnadu $484mn To improve transport connectivity and facilitate industrial development in the Chennai–

Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu (TN).

 

JULY 2021

World Bank Andhra Pradesh Rs.1860 crore For supporting the implementation of the‘Supporting Andhra’s Learning Transformation’ (SALT) programme
ADB India $3.92billion To support the Government of India’s coronavirusdisease (COVID-19) pandemic response.
NABARD Goa Rs. 2891 lakh Rural Infrastructure Development Fund (RIDF) to the Government of Goa for the Construction of Phase II Building of Goa Dental College and Hospital in Bambolim, Goa.
Export – Import Bank (Exim) Kalpataru Power Transmission Ltd (KPTL) $ 35.26 million This is granted Mumbai based Kalpataru Power Transmission Ltd (KPTL) in order to execute a power transmission project in Senegal.

 

AUGUST 2021

Name of Organisation involved in loan agreement Loan to whom Loan Amount Purpose
World Bank Government of India $ 250 Million 2nd phase of Dam  Rehabilitation & Improvement Project (DRIP)
Asian Development Bank Maharashtra Government $ 300 million Rural Connectivity Improvement Project that is upgrading rural roads and connecting remote areas with markets.
Union Bank of India MSMEs (micro, small and medium enterprises) Rs 30 crore To provide support so they can re-establish themselves.

 

Asian Development Bank (ADB) Metro Rail Network in Bengaluru $500 million To expand the metro rail network in Bengaluru with construction of two new metro lines totaling 56 km in length.
World Bank Government of India $250 million 2nd phase of the Dam Rehabilitation and Improvement Project to make existing dams safe and resilient across the country.
Asian Development Bank (ADB) Maharastra $300 million loan Maharashtra Rural Connectivity Improvement Project that is upgrading rural roads and connecting remote areas withmarkets.
International Monetary Fund (IMF) Pakistan $2.75 billion Under a Special Drawing Rights (SDR) programme to support low-income countries hit by the corona virus
India Maldives $100 million for the project besides a line of credit worth Rs 400 million. “A contract between AFCONS and Government of the Maldives was signed for construction of Greater Male Connectivity Project.”

 

SEPTEMBER 2021

Name of Organisation involved in loan agreement Loan to whom Loan Amount Purpose
EXIM Bank Africa Finance Corporation (AFC) $ 100 Million Infrastructure Development
Asian Development Bank (ADB) Tamil Nadu Slum Clearance Board (TNSCB) $ 150 Million Urban Housing Projects
Japan International Cooperation Agency (JICA) Northern Arc Capital (NAC) $ 50 Million Women’s Financial Inclusion
Asian Development Bank (ADB) Maharashtra $ 300 Million To improve rural connectivity to help boost rural economy
Asian Development Bank (ADB) Jharkhand $112 Million Development of water supply infrastructure

 

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