'India paid USD 45M incurred as interest for Maldives'

1 day ago

Although the Maldives, on Thursday, made the final payment on a USD 150 million Treasury Bill (T-Bill) borrowed from the State Bank of India (SBI) during the administration of former president Ibrahim Mohamed Solih in 2019, the Indian government, on Friday, revealed that it had covered the interest accrued on the debt. Speaking at a press briefing on Friday, Randhir Jaiswal,