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Economy News

The Economic Times

Economy / The Economic Times

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HUDCO to provide up to $10.50 billion loan for Bihar infrastructure projects

Bihar is set to receive a massive financial boost for its urban development. Housing and Urban Development Corporation (HUDCO) has inked a preliminary deal to offer up to 1 trillion ($10.50 billion) in loans over five years. These funds will fuel urban infrastructure projects, including land acquisition, and even support the creation of new satellite cities.

3 Jul 2026 5:35 pm