Which bank has signed an agreement to provide USD 750 million to India – InterviewSolution

InterviewSolution

1.	Which bank has signed an agreement to provide USD 750 million to India for Railway Track Electrification?
Answer» Multilateral funding agency Asian Development Bank (ADB) has announced that it has signed an agreement to provide USD 750 million equivalent in Indian rupee long-term financing to electrify railway tracks in India. It is the largest single non-sovereign loan ever committed by ADB to Indian Railway Finance Corporation (IRFC) to fund the railways track electrification project.

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