04-July-2026
Subscribe   |   Unsubscribe   |   Forward to a Friend   |     
Economy News
 
HUDCO to provide up to $10.50 billion loan for Bihar infrastructure projects
04-Jul-2026

Housing and Urban Development Corporation (HUDCO) on Friday signed a preliminary agreement with Bihar to provide up to 1 trillion rupees ($10.50 billion) in l oans for urban infrastructure projects, in one of the country's largest state-level infrastructure financing deals. The loans will be extended to the eastern state over a five-year period. HUDCO will provide the loan in tranches to the statutory authority of Bihar, and it will be used for urban infrastructure projects, including land acquisition.

News Source:- https://economictimes.indiatimes.com/news/economy/infrastructure/hudco-to-provide-up-to-10-50-billion-loan-for-bihar-infrastructure-projects/articleshow/132160938.cms