Bangladesh and India have signed a new $2 billion credit agreement to implement socio-economic development projects in Bangladesh ..... This is the biggest line of credit India has extended to any country so far. ..... The interest rate has been fixed at 1 per cent annually with a 20-year repayment term, including a five-year moratorium...... India first extended a Line of Credit of $1 billion to Bangladesh in 2010...... Of this, $200 million was later converted into grant ..... The Second Line of Credit will fund social and infrastructure development projects in the power, railways, road, transport, information and communication technology, shipping, health and technical education sectors.
Wednesday, March 09, 2016
नेपालले बंगलादेश बाट सिक्नुपर्ने
Bangladesh, India sign $2 billion new line of credit