Madagascar has become the 30th country to join the India-backed Coalition for Disaster Resilient Infrastructure (CDRI) which aims to help small island nations develop resilience to deal with the adverse impact of climate change.
State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.