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Loans and Grants Current Affairs 2025
Loans and Grants Current Affairs 2025
What is a Loan?
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A loan is a financial tool that allows individuals, businesses, or governments to borrow money from a lender.
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The borrower agrees to repay the loan amount and interest over a specified period, typically through regular installments.
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Loans serve various purposes, such as buying a home, starting a business, or covering education and medical expenses.
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They can be secured, requiring collateral like a home or car, or unsecured with no collateral.
What are Grants?
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Grants, on the other hand, are a form of financial aid that doesn’t require repayment.
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Governments, foundations, or organizations award grants to individuals, businesses, or nonprofits for research, education, community development, or social services.
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Grants can be based on merit or need and come in different sizes, making them an appealing source of financing without the obligation of repayment.
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Loans and Grants Current Affairs 2025
October 2025
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|
|
Power Finance Corporation Ltd. (PFC)
|
Rs 4,829 crore
|
Khorlochhu Hydro Power Ltd (Kholongchhu River in Eastern Bhutan’s Trashiyangtse district)
|
For the development of the Khorlochhu Hydropower Project in Bhutan
|
|
Asian Development Bank (ADB)
|
USD 190 million
|
Government of Madhya Pradesh
|
For the development of Indore Metro
Rail Project, aimed to enhance urban mobility, reduce pollution, and promote inclusive growth in Madhya Pradesh. |
|
World Bank (WB)
|
USD 280 million
|
Government of Kerala
|
For Kerala Health
System Improvement Programme (KHSIP), with an aim to enhance the healthcare system. |
June – September 2025
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|
|
Asian Development Bank (ADB)
|
USD 125 million
|
Government of Assam
|
To transform urban infrastructure and strengthen climate resilience in Assam under the Assam under the Urban Sector
Development Project (AUSDP) |
|
Asian Development Bank (ADB)
|
$126.42 million
|
Government of India
|
To promote rural development through sustainable and climate-resilient tourism in the Tehri Lake region of Uttarakhand
|
|
World Bank (WB)
|
USD 212.64 million
|
Government of India
|
To support coastal zone management in Tamil Nadu (TN) and Karnataka under the Strengthening Coastal Resilience and the Economy (SHORE) Project
|
|
Asian Development Bank (ADB)
|
$125 million
|
Government of India
|
To enhance urban
livability and bolster climate resilience in six district headquarters and Guwahati, in the State of Assam |
|
Japan Bank for International Cooperation (JBIC )
|
Rs. 3,500 Crore
|
Power Finance Corporation Limited (PFC)
|
To support Bamboo-based bioethanol production and power generation in Golaghat, Assam
|
|
State Bank of India (SBI)
|
Rs.4 lakh loan at 10.5% interest
|
Personal loan scheme for Agniveers
|
Agniveers – young men and women serving in the armed forces under Government’s short-term “Agnipath recruitment programme”.
|
|
Indian Railway Finance Corporation (IRFC)
|
Rs. 199.70 crore
|
Surat Integrated Transportation Development Corporation Limited (SITCO)
|
For developing India’s first international-standard Multi-Modal Transport Hub (MMTH) in Surat, Gujarat
|
|
Asian Development Bank (ADB)
|
$109.97 million
|
Government of Gujarat
|
To advance its vision of becoming a global industrial hub through a stronger, more future-ready
workforce |
|
Asian Development Bank (ADB)
|
Rs. 975.26 Crores
|
Government of Tripura
|
For building infrastructure in nine industrial areas in Tripura, including Bodhjungnagar, RK Nagar, Dukli, AN Nagar, Kumarghat,
Dhajanagar, Dharmanagar, Deewanpasa, and Sarasima. |
|
International Finance Corporation (IFC) and
World Bank |
$700 Million
|
Pakistan
|
Reko Diq Mining project for obtaining Gold and Copper
|
|
Bank of Baroda (BoB) and HDFC Bank Limited
|
USD 750 Million
|
New Delhi (Delhi) based NTPC Limited (formerly known as National Thermal Power Corporation Limited)
|
To finance its capital expenditure for capacity addition and Renewable Energy (RE) projects.
|
February-May 2025
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|
|
Asian Development Bank (ADB)
|
USD 200 million
|
Government of West Bengal
|
To improve the development of climate- and disaster-resilient sewerage and drainage infrastructure in Kolkata, West Bengal, with the aim of enhancing the city’s livability.
|
|
Asian Development Bank (ADB)
|
USD 150 million
|
Shriram Finance Limited (SFL)
|
To enhance financial access for Micro, Small, and Medium Enterprises (MSMEs) in India
|
|
World Bank
|
Rs
2,424.28 crore |
Kerala government
|
For Kerala Health System Improvement Programme
|
|
REC Limited, formerly Rural Electrification Corporation Limited
|
Rs 2,147.51 crore
|
Chenab Valley Power Project Limited of Jammu & Kashmir (J&K)
|
For the development and construction of the Pakal Dul Hydro Electric
Project in Jammu & Kashmir (J&K) |
|
Central Government of India
|
Rs 529.50 crore
|
Kerala Government
|
To implement 16 projects for the rehabilitation of the victims of Wayanad
landslides. |
|
Asian Development Bank (ADB)
|
USD 200 Million
|
Kolkata Municipal Corporation, West Bengal
|
To improve the development of climate and disaster-resilient sewerage and drainage infrastructure in Kolkata, West Bengal, to enhance Kolkata’s livability.
|
|
National Bank for Financing Infrastructure and Development (NaBFID)
|
Rs 2,000 crore
|
Mumbai (Maharashtra)-based Gramercy Techpark Private Limited, backed by New York (the United States of America, USA)-based alternative investment management company Blackstone Inc.
|
For setting up of 120 MegaWatt (MW) data centre at Mahape in Navi Mumbai, Maharashtra.
|
|
Washington, D.C. (United States of America, USA) based International Finance Corporation (IFC)
|
USD 50 million
|
Bengaluru (Karnataka) based CreditAccess (CA) Grameen Limited, India’s largest Non-Banking Financial Company-Microfinance Institution (NBFC-MFI)
|
To improve financial access for micro-entrepreneurs and support 3–4 million additional women borrowers involved in agriculture and related activities.
|
January 2025
|
Sl. No.
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|---|
|
1
|
World Bank
|
USD 35 million
|
Meghalaya Government
|
Meghalaya Multisectoral Project for Adolescent Wellbeing, Empowerment, and Resilience (MPOWER)
|
|
2
|
Japan Bank for International Cooperation (JBIC)
|
120 billion JPY (Rs 6600 crore)
|
Power Finance Corporation Limited (PFC)
|
Support Renewable Energy (RE) projects in India
|
|
3
|
Consortium of banks led by State Bank of India (SBI)
|
Rs 31,802 crore
|
Bharat Petroleum Corporation Limited (BPCL)
|
Establishment of a petrochemical complex in Bina, Madhya Pradesh.
|
Loans and Grants Current Affairs 2024 [January to December]
December 2024
|
Sl. No.
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|---|
|
1
|
Asian Development Bank (ADB)
|
$98 million
|
Horticulture Crop Farmers
|
To improve access to certified disease-free planting materials, enhancing yield and resilience.
|
|
2
|
Asian Development Bank (ADB)
|
$50 million
|
Meghalaya
|
To construct water-harvesting systems and reduce community vulnerability to climate change.
|
|
3
|
World Bank
|
$188.28 million
|
Maharashtra
|
To boost economic growth in underdeveloped districts.
|
|
4
|
Asian Development Bank (ADB)
|
$350 million
|
Government of India
|
To strengthen and modernize the country’s logistics sector.
|
|
5
|
Asian Development Bank (ADB)
|
$788.8 million
|
Andhra Pradesh
|
For developing Amaravati as a green, smart capital city with world-class infrastructure.
|
|
6
|
Asian Development Bank (ADB)
|
$42 million
|
Maharashtra
|
To provide coastal and riverbank protection for local communities and ecosystems.
|
|
7
|
KfW ( German state-owned investment and development bank)
|
Rs. 3044.54 Crore
|
Government of India
|
For Phase 2 of Bengaluru Metro Rail Project.
|
|
8
|
World Bank
|
$1.05 billion
|
Ukraine
|
To strengthen the economic policy framework for sustainable growth and improve financial stability.
|
|
9
|
Asian Development Bank (ADB)
|
$500 million
|
India Infrastructure Finance Company Ltd (IIFCL)
|
To support green and sustainable infrastructure projects aligned with India’s climate commitments.
|
|
10
|
World Bank
|
$325.10 million
|
Uttar Pradesh
|
For the UP-AGREES Project to enhance crop productivity and farmers’ incomes.
|
|
11
|
World Bank
|
$800 million
|
Andhra Pradesh
|
For Amaravati Integrated Urban Development Project (AIUDP), building a greenfield capital city.
|
November 2024
|
Sl. No.
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|---|
|
1
|
European Investment Bank (EIB Global)
|
€300 million (approximately
₹2,800 crore) |
Government of India
|
For the construction of a new 149km suburban railway network in Bengaluru
|
|
2
|
Asian Development Bank (ADB)
|
USD 241.3 million
|
Government of West Bengal
|
To enhance the power
distribution in West Bengal |
|
3
|
Asian Development Bank (ADB)
|
USD 200 million loan (about Rs 1,680 crore)
|
Government of India
|
To help upgrade the water
supply, sanitation, urban mobility, and other urban services in Uttarakhand. |
|
4
|
World Bank
|
USD 200 million (Rs 1,655.85 crore)
|
Kerala state government
|
To support Kerala’s agricultural
sector through the Kerala Climate Resilient Agri-Value Chain Modernization (KERA) Project |
|
5
|
Asian Development Bank (ADB)
|
USD 434.25 million (around Rs 3600 cr)
|
Government of Assam
|
This funding will help build a 500-Megawatt (MW) solar power plant in the Karbi Anglong district of Assam. It is a big step toward the state’s goal of producing 3,000 MW of renewable energy by 2030.
|
October 2024
|
Sl. No.
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|---|
|
1
|
Power Finance Corporation (PFC) Ltd.
|
Rs 31,673.79
crores |
Mumbai Metropolitan Region Development Authority (MMRDA)
|
To accelerate the development of 9 major infrastructure projects in the Mumbai Metropolitan Region (MMR).
|
|
2
|
Asian Development Bank (ADB)
|
$162 million
|
Himachal Pradesh
|
To enhance tourism development in Himachal Pradesh
|
|
3
|
Asian Development Bank (ADB)
|
$42 million
|
Maharashtra
|
To enhance coastal and riverbank protection, boosting the resilience of local communities and natural ecosystems in Maharashtra.
|
|
4
|
International Finance Corporation (IFC)
and Axis Bank |
USD 500 million (about Rs 4,200 crore)
|
India
|
To help develop a blue finance market and scale up financing of green projects in India
|
|
5
|
Asian Development Bank (ADB)
and World Bank |
Rs 15,000 crore
|
Andhra Pradesh
|
For developing Amaravati as its capital city of Andhra Pradesh
|
|
6
|
Asian Development Bank (ADB)
|
$434.25 million
|
Assam
|
To expand renewable energy capacity and strengthen energy security in Assam.
|
September 2024
|
Sl. No.
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|---|
|
1
|
Asian Development Bank (ADB)
|
USD 50 Million
|
Government of India
|
The loan is provided for the initiative titled ‘Climate-Adaptive Community-Based Water Harvesting Project,’ aimed at enhancing water resource management and strengthening climate resilience in Meghalaya, India.
|
|
2
|
State Bank of India (SBI)
|
Rs 10,050 crores
|
Damodar Valley Corporation (DVC)
|
To develop an Ultra Super Critical Thermal Power Project (USCTPP) with a capacity of 1600 Megawatt (MW), in Koderma, Jharkhand.
|
August 2024
|
Sl. No.
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|---|
|
1
|
Asian Development Bank (ADB)
|
$200 million (approximately Rs 1,700 crore)
|
Government of India
|
To improve solid waste management and sanitation in 100 cities across 8 states in India
|
|
2
|
Japan Bank for International Cooperation (JBIC)
|
25.5 billion Japanese Yen
|
Power Finance Corporation Limited (PFC)
|
To finance the 300.3 Mega Watt (MW) Wind Energy Project of Ostro Kannada
Power Private Ltd (OKPPL) in Chitradurga, Karnataka |
|
3
|
Asian Development Bank (ADB)
|
USD 500 million
|
Government of India
|
To improve
access to quality and affordable tertiary health care and medical education in Maharashtra |
July 2024
-
State Bank of India launched the MSME Sahaj initiative, an online business loan solution allowing MSMEs to avail credit against GST-registered sales invoices up to Rs 1 lakh.
-
REC Limited secured a 5-year green loan of 31.96 billion Japanese yen from Deutsche Bank’s Gift City branch.
-
Madhya Pradesh secured the top position in the ‘Best Performing State – Loan Performance’ category under the Prime Minister SVANidhi scheme.
-
The Ministry of Skill Development & Entrepreneurship revised the ‘Model Skill Loan Scheme,’ increasing the maximum individual loan eligible for credit guarantee cover to Rs 7.5 lakhs.
|
Sl. No.
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|---|
|
1
|
Asian Development Bank (ADB)
|
$170 million
|
Government of India
|
To consolidate and strengthen India’s health system preparedness and response capacity to future pandemics
|
|
2
|
Asian Development Bank (ADB)
|
USD 240.5 million
|
Government of India
|
To finance rooftop solar systems in India
|
|
3
|
Asian Development Bank (ADB)
|
$200 million
|
Nagpur Metro Urban Mobility Project, India
|
To expand metro rail corridors and improve transport connectivity in Nagpur
|
June 2024
|
Sl. No.
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|---|
|
1
|
Asian Development Bank
|
USD 170 million
|
Government of India
|
To improve its healthcare system
|
|
2
|
Asian Development Bank (ADB)
|
USD 60 million
|
Aadhar Housing Finance Limited (AHFL)
|
The funds will provide housing loans for women and help alleviate the financing gap in India’s low-income and affordable housing sectors.
|
May 2024
|
Sl. No.
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|---|
|
1
|
Asian Development Bank (ADB) and Export-Import Bank of Korea (Korea Eximbank)
|
USD 1 billion
|
Rural Electrification Corporation (REC) Limited.
|
REC is preparing itself for the expected increase in demand for credit from all segments of the power industry, as the government aims to double capacities by 2032.
|
|
2
|
Asian Development Bank (ADB)
|
USD 148.5 Million
|
Sikkim
|
Aiming to strengthen, modernize, and climate-proof the distribution system to improve the reliability, quality, and resilience of electricity supply in Sikkim, India.
|
|
3
|
Government of India
|
USD 61.5 million Grant
|
Sri Lanka
|
For the development of Kankesanthurai Port project
|
March-April 2024
|
Sl. No.
|
Loans/Grants Provider
|
Amount
|
Received By
|
Purpose
|
|---|---|---|---|---|
|
1
|
Japan Bank for
International Cooperation (JBIC) |
USD 200 million
|
NTPC Limited
|
Foreign currency loans
|
|
2
|
Japan Bank for
International Cooperation (JBIC) |
Japanese yen (JPY) 20 billion
|
NHPC Ltd
|
Developing a 300 MW solar project in Bikaner, Rajasthan
|
|
3
|
World Bank
|
$452 million
|
Assam Government
|
Assam Resilient Rural Bridges Program
|
|
4
|
Asian Development Bank
|
$181 million
|
Government of India
|
Ahmedabad Peri-urban Livability Improvement Project
|
|
5
|
Under “Acing Development of Innovative Technologies
with iDEX” (ADITI) Scheme (GOI) |
Up to Rs 25 crore (grant-in-aid)
|
Start-ups in defence technologies
|
To promote innovations in critical and strategic defence technologies
|
|
6
|
Indo-Pacific Economic Framework for Prosperity
|
$33 million (Grant)
|
Indo-Pacific Economic Framework for Prosperity (IPEF) Partners
|
IPEF Catalytic Capital Fund under Pillar III Clean Economy Agreement
|
|
7
|
Servizi Assicurativi del Commercio Estero (SACE), an Italian export credit agency
|
Japanese Yen (JPY) 60.536 (~Rs 3250 crore)
|
REC Limited(formerly Rural Electrification Corporation Limited)
|
To finance green projects in India
|
January-February 2024
|
Sl. No.
|
Loan Provider
|
Loan Amount
|
Received By
|
Purpose
|
|---|---|---|---|---|
|
1
|
New Development Bank (NDB)
|
$500 million
|
Gujarat Government
|
Development of rural roads
|
|
2
|
Asian Development Bank (ADB)
|
$200 million
|
Government of India
|
For Climate Resilient Brahmaputra Integrated Flood and Riverbank Erosion Risk Management Project
|
|
3
|
Odisha (State Government)
|
Financial support for youths under the ‘Swayam’ scheme
|
Youths of the state (under ‘Swayam’ scheme)
|
Youths of the state (under the ‘Swayam’ scheme)
|
|
4
|
Japan
|
232.209 billion yen
|
India
|
Establishment of the International Fintech Institute (IFI) at Gujarat International Finance Tec-City (GIFT City)
|
|
5
|
Asian Development Bank (ADB)
|
USD 23 million
|
Gujarat Government
|
Establishment of International Fintech Institute (IFI) at Gujarat International Finance Tec-City (GIFT City)
|
|
6
|
Government of India
|
Rs 10,000 (interest-free)
|
Flue Cured Virginia (FCV) Tobacco growers in Andhra Pradesh
|
Financial support for FCV Tobacco growers in Andhra Pradesh
|
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