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RABO INDIA GL

Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
India : € 50,000,000
Credit lines : € 50,000,000
Signature date(s)
3/10/2003 : € 50,000,000
Link to source
Data sheet
RABO INDIA GL
Other links
Summary sheet
Rabo India Global Loan
Related press
EUR 50 mio for a global loan to Rabo India Finance Private Limited

Summary sheet

Release date
31 January 2003
Status
Reference
Signed | 03/10/2003
20020522
Project name
Promoter - financial intermediary
Rabo India Global Loan
Rabo India Finance Private Ltd., a subsidiary of Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank Nederland).
Proposed EIB finance (Approximate amount)
In the order of EUR 50 m.
Location
Sector(s)
Description
Objectives

The proposed line of credit would assist the implementation of small and medium scale investments.

To support investments featuring a mutual interest for the EU and India, through a contribution towards economic development, including the creation of new employment opportunities.

To enhance co-operation between European and Indian companies and to support the implementation of projects involving high transfers of technology from Europe.

Environmental aspects
Procurement

The financial intermediary will be requested to ensure that final beneficiaries comply with Indian legislation as well as EIB environmental requirements in general, as appropriate.

EIB procurement guidelines for global loans will be applied.

Comments

Information technologies, telecommunications, industry (including agro-industry) and related services, infrastructure, tourism and energy.

Link to source
Summary sheet
Rabo India Global Loan
Other links
Data sheet
RABO INDIA GL
Related press
EUR 50 mio for a global loan to Rabo India Finance Private Limited

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

News & Stories

Link to source
Related press
EUR 50 mio for a global loan to Rabo India Finance Private Limited
Other links
Data sheet
RABO INDIA GL
Summary sheet
Rabo India Global Loan

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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