Asian Development Bank and HSBC India have signed an agreement to establish a USD 100 million partial guarantee programme to support more than 4,00,000 micro-borrowers and mostly women-run micro-enterprises across India.
The Advisory Committee will be chaired by the Union Minister of Electronics and IT, Ashwini Vaishnaw, while the Minister of State, Ministry of Electronics and IT (MeitY), Rajeev Chandrashekhar will be the Vice-Chairperson.
EXAMIANS