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 offers credit line of USD 500 mn to Sri Lanka to purchase petroleum products

Jan 18, 2022

New Delhi [India], January 18 : After discussion between External Affairs Minister Dr S Jaishankar and Finance Minister of Sri Lanka Basil Rajapaksa on...

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 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, S Lanka formalise agreement on Line of Credit worth USD 100 million

Jun 16, 2021

Colombo [Sri Lanka], June 16 : Sri Lankan President Gotabaya Rajapaksa on Wednesday said that the agreement on the Line of Credit worth USD...