ReferIndia News India urges ADB to scale up lending, push reforms to support developing economies

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India urges ADB to scale up lending, push reforms to support developing economies

Published on: May 4, 2026, 9:09 p.m. | Source: The Economic Times

India urged the Asian Development Bank to increase its lending capacity and adopt a more transformative approach to aid developing economies facing global uncertainties. The nation emphasized the need for capital expansion measures and reforms in multilateral development banks to unlock greater resources for infrastructure, climate transition, and human capital development.

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