India extends Maldives' $50 mn govt bonds repayment deadline

India has rolled over USD 50 million in Maldives' government bonds as emergency financial assistance for another year, the Indian High Commission announced. This extension, facilitated through the State Bank of India, is interest-free and part of ongoing support since 2019. The move underscores India's 'Neighbourhood First' policy and commitment to assisting Maldives, a key maritime partner.