Yes Bank, India's fourth largest private sector Bank, has successfully raised $200 million Unsecured Loan facility from the Asian Development Bank (ADB). The loan will be used by the bank to lend the Indian rupee equivalent amount to finance working capital and investment loans targeted towards small farm households and rural women in Self Help Groups (SHGs).
Yes Bank's strategy aligns with the Asian Development Bank's objective of inclusive growth through a robust financial system with a strong focus on providing financial services to small farmers and low-income women.
