The Asian Development Bank (ADB) signed a $1.5 million equity investment agreement with Micro-Credit Ratings International Limited (M-CRIL). The investment is a part of ADB’s programme to Strengthen Microfinance Ecosystem in Asia. The agreement was signed by Christine Engstrom, ADB’s Director for Private Sector Operations – Financial Institutions, and Sanjay Sinha, Managing Director of M-CRIL.

ADB News Release, New Delhi, India – 14 February 2017.