World Bank (WB) will soon clear a USD 2.6 billion special loan package for India, reports Business Standard.
In December last year, World Bank had decided to increase its exposure to India to USD 14 billion from about USD 8.1 billion in the next 3 years.
Under the package, India Infrastructure Finance Company is expected to get USD 1.2 billion, SIDBI USD 400 million and Power Grid Corporation USD 1 billion.
World Bank is also working on a USD 3 billion loan for recapitalization of public sector banks
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