India Absorbs ₹375 Crore Interest As Maldives Clears ₹1,250 Crore Debt Facility

India’s Ministry of External Affairs has highlighted the scale of financial support extended to the Maldives, confirming that New Delhi absorbed approximately ₹375 crore in interest payments over five years to ease Malé’s debt burden. This came as the Maldives fully settled its ₹1,250 crore Treasury bill facility subscribed by the State Bank of India.MEA Spokesperson Randhir Jaiswal explained
India’s Ministry of External Affairs has highlighted the scale of financial support extended to the Maldives, confirming that New Delhi absorbed approximately ₹375 crore in interest payments over five years to ease Malé’s debt burden. This came as the Maldives fully settled its ₹1,250 crore Treasury bill facility subscribed by the State Bank of India.MEA Spokesperson Randhir Jaiswal explained
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