- $79m Japanese loan for India

  • 23/02/1998

  • 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.