- $79m Japanese loan for India
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23/02/1998
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Hindu (New Delhi)
The Export-Import Bank of Japan (JEXIM) said today it would extend an untied loan of 10.1 Billion yen ($79 millions) to India. The state-run bank said the loan, joint-financed with Asian Development Bank, would be given to the Gas Authority of India Ltd., which will use the loan to upgrade its natural gas pipeline capacity.