German bank offers loan for water transport project in Kochi

Detailed discussions on the interest rates, tenure of the loan and repayment conditions had to be held, said Tony Chammany, Kochi Mayor. KFW Development Bank, Germany, has offered a loan of Rs. 624 crore for developing a water transport network in the city and related works. The terms and conditions of the financial aid have … Continue reading German bank offers loan for water transport project in Kochi