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ADB, Medanta sign debt financing to help Covid-19 response

ADB, Medanta sign debt financing to help Covid-19 response
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ADB to provide Rs 100 cr loan to Medanta to combat Covid-19 pandemic

The Asian Development Bank (ADB) on Monday said it will provide Rs 100 crore loan to hospital chain Medanta for healthcare services and medical equipment to fight the COVID-19 pandemic. The project will support the purchase of personal protective equipment, basic hygiene products, and patient care equipment such as ventilators and beds. It will also support staff training programmes on infection prevention and control. Private sector healthcare services play a life-saving role during health crises such as the COVID-19 pandemic, said Aniruddha Patil, Head of Health and Education Investments at ADB s Private Sector Operations Department. Medanta s proven expertise and leadership will further improve the resilience of India s health system, enabling it to respond effectively to the current crisis and future healthcare challenges, Patil said.

ADB To Provide Rs 100 Crore Loan To Medanta To Combat COVID-19

ADB to provide Rs 100 crore loan to Medanta to combat COVID-19 The project will support the purchase of personal protective equipment, basic hygiene products, and patient care equipment such as ventilators and beds. PTI Representative photo The Asian Development Bank (ADB) on Monday said it will provide Rs 100 crore loan to hospital chain Medanta for healthcare services and medical equipment to fight the COVID-19 pandemic. The project will support the purchase of personal protective equipment, basic hygiene products, and patient care equipment such as ventilators and beds. It will also support staff training programmes on infection prevention and control. Private sector healthcare services play a life-saving role during health crises such as the COVID-19 pandemic,” said Aniruddha Patil, Head of Health and Education Investments at ADB’s Private Sector Operations Department.

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