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« Clinton hoping for pledges during 2nd global projects conference | Main | Private investments in infrastructure are scarce in Latin America »

April 1, 2006

Japan Bank offers soft loans; $1.5B to India

BANGALORE (The Hindu) - The Japan Bank for International Cooperation (JBIC) on Friday signed 10 loan agreements to provide soft loans of 155.46 billion yen (Rs. 6,254 crore) in its bid to support poverty eradication, economic development and environmental conservation in India.

JBIC sources in New Delhi told The Hindu that JBIC Governor Kyosuke Shinozawa signed the agreement with the representatives...

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Posted by rjorr at April 1, 2006 11:23 AM