OPIC Provides $5 Million Loan Guarantee to Grameen Impact Through IndusInd Bank

This transaction eliminates foreign exchange rate fluctuation risk

June 14, 2018

/ Nitin Kabeer
/ Other, Renewable Energy
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The Overseas Private Investment Corporation (OPIC), a U.S. government agency, has signed a $5 million loan guarantee with India’s IndusInd Bank. The money will support Grameen Impact, a non-bank financial institution (NBF) backed by Grameen Capital India (GII) in its focus on the growth of local small and medium enterprises.

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Nitin Kabeer

More articles from Nitin Kabeer.
Grameen ImpactIndusInd BankLoanlocal currencyOPIC
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