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World Bank approves $4.3 bn loan for infrastructure in India

The World Bank has approved four projects worth $4.3 billion to India to bolster its economic stimulus programme and support the infrastructure sector.

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The World Bank has approved four projects worth $4.3 billion to India to bolster its economic stimulus programme and support the infrastructure sector.

Of this $2 billion is Banking Sector Support Loan, which will provide budgetary support to India, helping it maintain its broad economic stimulus program by enhancing the capital of select public sector banks.

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