IndusInd Bank has executed a commitment letter with the United States International Development Finance Corporation (DFC) for a loan worth $150 million. The Bank plans to use the proceeds of this loan to expand the Bank’s microfinance lending for the women borrowers in rural communities of Jharkhand, Uttar Pradesh, and Bihar.
Under this program, IndusInd Bank aims at boosting access to finance for women borrowers, as well as uplifting the livelihoods of these women and their families. This project advances DFC and the Bank’s commitment in economically empowering women customers.
IndusInd Bank is one of the fastest-growing banks in the banking sector in India.
