OPIC provides $5 million in financing to Grameen Impact Investments India
Mumbai 12, June, 2018 - The Overseas Private Investment Corporation (OPIC) announced that $5 million in local currency financing has been mobilized to Grameen Impact under an OPIC loan guarantee agreement with India's IndusInd Bank. The financing was deployed through IndusInd Bank's Impact Investing division, which will support Grameen Impact's lending to local small and medium enterprises.
In this connection, our Bank will issue a Press Release today. A copy of the same is enclosed for your kind perusal and record.