May 5, 2013 6:02 PM

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ADB to provide about $6 bn loan to India over next 3 years

The Asian Development Bank said it will provide about 6 billion dollars loan to India over the next three years, even as the multilateral lender stated it is facing the challenge of raising resources. On the concluding day of the 46th annual meeting of the funding agency in the outskirts of Delhi today, ADB President Takehiko Nakao said, that they were now working on the country partnership strategy and planning to maintain the level of lending to India.

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