Luxembourg, 27/10/2003 (Agence Europe) - The European Investment Bank (EIB) has just granted a global loan of EUR 50 million to Rabo India Finance Private Limited for the financing of investments made by private sector companies that create jobs and contribute towards economic development in India. This line of credit will allow Rabo India to make available long-term funds and to offer a broader range of financial instruments to support small and medium-scale projects in several sectors: agro-industry, biotechnologies, renewable energies, information technology and infrastructure. Most lending operations under the global loan are expected to take place within the next twelve months. In a press release, the EIB underlines that this global loan to Rabo India Finance Private Limited, a subsidiary of Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank Nederland), enables it to reopen its activity in India with a view to further support projects of mutual interest for the domestic and EU economies. The EIB also notes that, 'in particular, global loans may help to build-up partnerships with the EU and Indian banking communities to sustain the effectiveness of investment in the country.'