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LINE OF CREDIT MALDIVES
Maldives’ tourism-driven economy stares at crisis amid West Asia warThe Maldives economy faces a crisis due to West Asia disruptions. Tourist arrivals are down, impacting revenue. Significant debt repayments...27 Mar, 2026, 12.02 AM IST- "We are going to have very bright future": Ex Maldives President on relations with IndiaFormer Maldives President Mohamed Nasheed voiced optimism about the enduring strength of India-Maldives relations, regardless of the ruling...27 Jul, 2025, 08.01 AM IST
- India eases Maldives' debt, pledges approximately Rs 4,850 crore credit lineDuring Prime Minister Modi's visit to Male, India extended a $565 million Line of Credit to the Maldives and eased debt repayment terms, si...25 Jul, 2025, 11.44 PM IST
- Roots of India-Maldives relations as deep as the ocean: PM ModiIndia and Maldives are strengthening ties. India has offered a Rs 4,850 crore line of credit to Maldives. Both nations will finalize a free...25 Jul, 2025, 10.03 PM IST
- India works on lines of credit to Maldives before PM Modi's tripIndia is considering a new line of credit for the Maldives, potentially finalized during Prime Minister Modi's upcoming visit. This visit, ...21 Jul, 2025, 01.00 PM IST
- India may extend financial support to Maldives facing default during Muizzu visitIndia may provide financial support to the Maldives to help it avoid a potential default on its foreign debt. This assistance could be anno...17 Sep, 2024, 10.57 PM IST
- India inks six pacts with Maldives to broad-base ties, announces $100 million line of creditAfter wide-ranging talks with visiting Maldivian President Ibrahim Mohamed Solih, India's Prime Minister Narendra Modi announced a Line of ...02 Aug, 2022, 02.17 PM IST
- India to roll out red carpet for Maldives President Ibu SolihThe second official visit by Solih since his election in 2018 will focus on connectivity, maritime security, trade, and economic and touris...01 Aug, 2022, 07.52 AM IST
- Maldives defends defence pact with IndiaThe Parliament Committee on National Security (241 Committee) of Maldives recently stated that agreements between Maldives National Defense...30 Nov, 2021, 10.08 PM IST
- Exim Bank extends line of credit of USD 40 million to MaldivesProjects covered under these LOCs to Maldives include housing project, Greater Male' Connectivity project, water & sewerage projects, Addu ...02 Sep, 2021, 04.35 PM IST
- Maldives signs contract for rolling out of India-funded mega infra projectUnder the Greater Male Connectivity Project (GMCP) project, a 6.74-km-long bridge and causeway link will be built to connect capital city M...26 Aug, 2021, 07.24 PM IST
- India to open second diplomatic mission in Maldives to augment presence in South Indian Ocean RegionThe Union cabinet this week cleared the proposal for opening the first such consulate in the Maldives, which has an important place in the ...28 May, 2021, 11.50 AM IST
- Exim Bank extends line of credit worth $50 million to Maldives to fund defence projectsAn amendatory agreement for repurposing an existing LOC of USD 40 million to include road projects in Maldives was also signed between Exim...22 Feb, 2021, 05.14 PM IST
- India signs USD 50 million defence LoC agreement to boost maritime capabilities of Maldives"Cordial meeting with Defence Minister @MariyaDidi . Useful exchange on our defence cooperation. India will always be a reliable security p...21 Feb, 2021, 05.00 PM IST
- India offers $40 million Line of Credit to boost sports infrastructure in MaldivesSpeaking at an event at Ekuveni Stadium here, he said that India acknowledges the high priority accorded by President Ibrahim Mohamed Solih...20 Feb, 2021, 06.19 PM IST
- India signs Line of Credit pact with Maldives for financing major connectivity projectThe GMCP is a key pledge of the Government of President Ibu Solih to the Maldivian people. India’s support for the project was announced du...12 Oct, 2020, 02.41 PM IST
- Expanding connectivity: India launches airport expansion project in MaldivesA high-level delegation from the AAI visited the Maldives this week. The team met with Minister of Economic Development Fayyaz Ismail and s...23 Sep, 2020, 07.11 PM IST
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