On 17 March, the Ministry of External Affairs (MEA) announced that the State Bank of India (SBI) would extend a term loan of $1 billion to Sri Lanka, fully guaranteed by the Indian government. This was part of India’s finances.

• Is your trading account keeping up with what markets demand in 2026?
• Texmaco Rail Surges 15% on Rs 4,045 Cr South African Rail Order
• RVNL Shares Gain 2% on Securing Rs 221 Crore Order 
• Tata Power Slides 3.85% as Q4 Profit Drops, Revenue Misses
• Stocks Under F&O Ban: Steel Authority of India

Ministry of External Affairs (MEA) Spokesperson Arindam Bagchi was quoted saying by news agency PTI that the loan would be used for importing food, medicines, and other essential items.