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39936-014: IND: LOANS TO SREI INFRASTRUCTURE FINANCE LIMITED
Project Data Sheet (PDS): Overview
Description
The proposed loan to SREI's infrastructure project finance business will enable the company to increase available funds for infrastructure projects and provide a more meaningful role in India's infrastructure development. Its focus on small and medium-sized projects will improve funding availability to sections of the Indian economy left underserved by the large commercial banks. The project also aims to catalyze long-term funding from other international and local institutional investors in SRE... Read More
| Country |
India |
|---|---|
| Borrower/Equity Investment Name | – |
| Project Number | 39936-014 |
| Project Type or Modality of Assistance |
Private Sector Loan and Equity |
| Financing | Private sector (Nonsovereign) |
| Status | Approved |
| Approval Number |
7241/2250 |
| Approval Date | 27 Jul 2006 |
| Geographical Location | Kolkata |
| Sector / Subsector Classification |
Finance / Investment Funds |
| Thematic Classification | Economic growth Private sector development |
| Safeguard Categories |
Environment: FI Resettlement: B/C Indigenous People: B |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Responsible ADB Officer
Peter Marro
Email contact form
Responsible ADB Department
Private Sector Operations Department
Responsible ADB Divisions
PSOP
PDS Creation Date
09 Jun 2006
Last PDS Update
31 Jul 2006