Fund-starved ADB to maintain current lending levels for India

India is the biggest borrower of ADB as the Manila-based multilateral lender had extended 2.4 billion loan to it in 2012 across sectors like transport,energy,commerce and industry,trade,finance,agriculture and natural resource management and it will like to continue extending assistance in these sectors.

Nakao said that the bank will continue to lend 10 billion a year across the member-nations despite generating lower return from investments.

Stating that ADB is facing a resource challenge,Nakao said this issue will require urgent and careful attention. We will look at all options for ensuring that our lending level remains adequate.

Asked whether there was discussion on augmenting the capital of the bank at the Board of Governors meeting,Nakao said: That is a very difficult issue. At this point I want to mention what kind of objections we are getting to maintain the level of lending. I dont want to specify what kind of idea we have at this moment.