IndusInd Bank, ADB join hands to support supply chain financing

IndusInd Bank signed a strategic partnership with Asian Development Bank (ADB) to support and promote supply chain finance solutions in India, the bank said in a stock exchange filing on Friday. It has entered into a partial guarantee programme with ADB with an initial outlay of Rs 560 crore, exclusively towards promoting supply chain finance solutions in India.

from Banking/Finance-Industry-Economic Times https://ift.tt/fmu52Uv