Bengaluru's New Suburban Railway Network

European Investment Bank Announces €300 Million Loan for Bengaluru’s New Suburban Railway Network

European Investment Bank (EIB) on Friday formally announced a Euro 300 million (Rs 2800 crore) loan to build a new suburban railway network covering four dedicated rail corridors in Bengaluru. A loan agreement was signed in Gandhinagar with the Karnataka Rail Infrastructure Development Company's Director of Finance Awadhesh Mehta. The...