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Announcement of Dollar Twenty Million Loan for Private Industry in India on February 28, 1962 (English)

The World Bank on February 28, 1962 made a loan equivalent to dollar 20 million to the Industrial Credit and Investment Corporation of India Limited (ICICI), a privately owned and managed development bank established to promote the growth of private industry in India.

Details

  • Document Date

    1962/02/28

  • Document Type

    Announcement

  • Report Number

    146979

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    India,

  • Region

    South Asia,

  • Disclosure Date

    2020/03/23

  • Disclosure Status

    Disclosed

  • Doc Name

    Announcement of Dollar Twenty Million Loan for Private Industry in India on February 28, 1962

  • Keywords

    investment corporation; foreign exchange; private industry; sale of part; foreign exchange resource; foreign exchange requirement; amortization schedule; retained earnings; industrial concern; share subscription; foreign investor; term financing; building material; financial contribution; private interest; share capital; loan equivalent; project finance

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Citation

Announcement of Dollar Twenty Million Loan for Private Industry in India on February 28, 1962 (English). Press Release,no. 1962-11 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/356461584950529267/Announcement-of-Dollar-Twenty-Million-Loan-for-Private-Industry-in-India-on-February-28-1962