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Published: 2017-10-04 09:55:01 | Updated: 2017-10-04 09:55:01

India to give Bangladesh $450cr loan

India will give Bangladesh an amount of $450 crore (nearly Tk 36,000 crore) as loan. Bangladesh and India signed a deal in this regard at Finance Ministry conference room of Bangladesh Secretariat on Tuesday. Economic Relations Division (ERD) of Bangladesh and Exim Bank of India signed the deal. With this, India agreed to give a huge amount of loan for third times in last seven years under Line of Credit (LOC). Bangladesh Finance Minister Abul Maal Abdul Muhith and his Indian counterpart Arun Jaitley were present at the deal sign programme.

India to give Bangladesh $450cr loan

India will give Bangladesh an amount of $450 crore (nearly Tk 36,000 crore) as loan. Bangladesh and India signed a deal in this regard at Finance Ministry conference room of Bangladesh Secretariat on Tuesday. Economic Relations Division (ERD) of Bangladesh and Exim Bank of India signed the deal. With this, India agreed to give a huge amount of loan for third times in last seven years under Line of Credit (LOC). Bangladesh Finance Minister Abul Maal Abdul Muhith and his Indian counterpart Arun Jaitley were present at the deal sign programme.
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