European Investment Bank Current Affairs, GK & News

IREDA & European Investment Bank ink Loan Agreement for Renewable Energy Financing in India

Indian Renewable Energy Development Agency (IREDA) and European Investment Bank (EIB) have signed loan agreement for second line of credit (LoC) of Euro 150 million on non-sovereign basis for renewable energy financing in India. The LoC has tenure of 15 years including grace period of 3 years. It will be used for financing Renewable Energy ..

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The European Investment Bank (EIB) signed € 300 million of loan pact with India for Bangalore Metro Rail Project Phase II

The European Investment Bank (EIB) has signed the Finance Contract with India to € 300 million for Bangalore Metro Rail Project Phase II Line R6. The objective of the project is to bring in a quantum improvement in the transportation sector in the city in tandem with the Bangalore Metropolitan Transport Corporation (BMTC) and other ..

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India signs €300 million agreement with European Investment Bank for Bangalore Metro Phase II

Government has signed Finance Contract with European Investment Bank (EIB) for lending of €300 million for Bangalore Metro Rail Project Phase II Line R6. The Phase II of metro project is jointly financed by EIB (€500 million) and Asian Infrastructure Investment Bank (€300 million). The project envisages extension of East-West & North-South lines for Bangalore ..

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EIB skeptical about recovery of Eurozone crisis within two years

The European Investment Bank (EIB) is doubtful about the recovery of Euro zone from its debt crisis within the next two years. As per the Bank the pressure on the European member state to settle the situation will remain for a longer time. The bank, however, believes that the political framework to tackle with the ..

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