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The Economic Times
The Economic Times

Maldives repays USD 150 million loan to India

India Maldives Randhir Jaiswal State Bank of India

New Delhi: The Maldives has repaid to India a loan of USD 150 million by settling the final tranche of USD 50 million treasury bills this week.

"The final tranche of USD 50 million treasury bills, out of a total of USD 150 million, subscribed by State Bank of India with the government of Maldives has been successfully settled on September 17," External Affairs Ministry spokesperson Randhir Jaiswal said on Friday.

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