India extends Sri Lanka USD 55 million credit line for fertiliser imports

Jun 11, 2022

Colombo [Sri Lanka], June 11 : The Indian government has decided to extend a Line of Credit (LOC) of USD 55 million to Sri...

India extends credit line, fuel, food to bail Sri Lanka out of economic crisis

Apr 03, 2022

New Delhi/Columbo [India/Sri Lanka], April 3 : Sri Lanka is reeling under a deep economic crisis as the country's foreign reserves have been depleted...

Sri Lanka signs USD 1 billion credit line with India

Mar 17, 2022

New Delhi [India], March 17 : Sri Lanka on Thursday signed USD 1 billion credit line with India for procurement of food, medicines and...

Sri Lanka seeks another USD 500mn credit from India for fuel

May 31, 2022

Colombo [Sri Lanka], May 31 : Amid the continuing economic crisis in the country, Sri Lanka is in talks with India for another credit...

India rubbishes report of Sri Lanka using Line of Credit to import water cannons

May 07, 2022

Colombo [Sri Lanka], May 7 : The Indian embassy in Sri Lanka on Saturday rubbished the reports suggesting that the Sri Lankan government used...

India, Sri Lanka sign agreement to procure USD 1 billion credit facility

May 30, 2023

Reaffirming its commitment to the people of Sri Lanka, India on Tuesday signed an agreement with Colombo to enable the use of USD 1...