The Asian Development Bank (ADB), founded in 1966 and headquartered in Manila, aims to reduce poverty and improve quality of life in its 67 member countries through low-interest loans and technical assistance, focusing on inclusive and sustainable growth. ADB has a significant presence in India, having approved 130 loans amounting to over $20 billion since 1986, with an emphasis on infrastructure development for poverty reduction. Despite its achievements, ADB faces ongoing challenges, including high poverty rates and inadequate access to safe water and sanitation in many member countries.