ForumIAS LATEST
- SFG FRC 2027 | Program starts from 19th Dec. 2026 | Admissions open for Entrance Test Click Here to know more →
- Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
- [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 10th October onwards Click Here to Read More →
- 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →
India set to ink $4.5-bn credit deal with Bangladesh:
Context:
- The Finance Minister’s visit to Bangladesh
Why is it important?
- Both the countries will sign the third Line of Credit (LOC) agreement involving $4.5 billion
- The Line of Credit is primarily meant for the development of infrastructure and social sector
- This Line of Credit was announced by India recently during the visit of Bangladesh’s Prime Minister
What are the other pacts to be signed?
- A pact on investment promotion and protection
- A new scheme for cashless transactions in visa services run by the State Bank of India.
