India extends financial support to Maldives through the rollover of the $50 million Treasury Bill

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India has extended crucial financial support to the Maldives by rolling over a $50 million Treasury Bill. The announcement was made by the High Commission of India in the Maldives, confirming that the State Bank of India (SBI) will continue to hold the T-Bill on behalf of the Government of India.

The rollover reflects India’s continued commitment to strengthening its economic ties with the Maldives and supporting its financial stability. This move also comes amid ongoing regional cooperation efforts and reinforces New Delhi’s "Neighbourhood First" policy.

Maldivian officials have welcomed the decision, highlighting the longstanding partnership and trust between the two nations.

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