India postpones repayment of USD 50 million T-Bill

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The Government of India has approved the roll-over of the USD 50 million T-Bill, subscribed by the State Bank of India (SBI), upon its maturity on Thursday, September 18th. The roll-over was confirmed during high-level discussions held between the two nations on Wednesday in the Maldives. In this regard, the Maldivian delegation was led by Finance Minister Moosa Zameer, while the Indian