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India's $507 million line of credit to Maldives effective August 27, cenbank says

📰 Channel Newsasia 🕐 1 min read 📅 September 23, 2026 👁 1 views
India's $507 million line of credit to Maldives effective August 27, cenbank says
Sept 23 : India government-backed 48.50 billion rupees ($506.58 million) line of credit to the Maldives became effective on August 27, 2026, the Reserve Bank of India said on Wednesday, paving the way for individual project-level credit agreements under the facility.Here are some details: • The RBI s
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