ADB approves 23 mln USD loan to boost fintech in India's Gujarat

MANILA, Feb. 22 (Xinhua) -- The Asian Development Bank (ADB) on Thursday said it has approved a 23-million-U.S. dollar loan to enhance access to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT) in India.

GIFT, a state-owned enterprise established to promote and cultivate fintech ecosystems and financial services in India, is the South Asian country's first