42926-014: INDIA MORTGAGE GUARANTEE COMPANY
Project Data Sheet (PDS): Overview
The project has established the first mortgage guarantee company in India, the India Mortgage Guarantee Company (IMGC). IMGC will provide partial credit risk coverage in the form of guarantees to mortgage lenders in the event of borrower default. Read More
|Borrower/Equity Investment Name||INDIA MORTGAGE GUARANTEE COMPANY|
|Type or Modality of Assistance||
|Financing||Private sector (Nonsovereign)|
|Approval Date||22 Aug 2008|
Indigenous People: C
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.