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India extends $1 billion credit line to Sri Lanka by another year
short by Srishty Choudhury / on Tuesday, 30 May, 2023
India extended its $1 billion credit line to Sri Lanka on Tuesday by another year to help the country reeling under an economic crisis to procure food, medicine and other essential items. An agreement was signed between the State Bank of India (SBI) and the Sri Lankan government for $1 billion credit facility in March last year.
read more at Moneycontrol