line of credit (LoC)

First Indian Line of Credit: 8yrs gone, only 51pc utilised

Projects under the three Indian Lines of Credit worth around $7.5 billion are facing delays mainly due to technical and bureaucratic reasons, and both sides are responsible for this, officials said.

India extends $1b credit by $62m

India today announced to increase the cash amount of the $1 billion credit line for Bangladesh that was given mostly to boost connectivity.