World Bank mulling local currency lending in countries like India

World Bank mulling local currency lending in countries like India

The World Bank is mulling local currency lending in countries like India to help borrowers save on costs, a senior official said on Friday.

"How do we do local currency lending for a country like India is also something we are trying to think of at a price which is advantageous to this country," Anshula Kant, the Managing Director and Chief Financial Officer of the World Bank, said.