Exclusive news and data that keep market professionals aheadThursday, November 12, 2026
News
Photo
Video
Infographics
Archive
Download Center
Press Releases
BJP targets Cong, credits Modi's sovereign guarantee for Metro loans
Published: 12/11/26 08:09
Bengaluru | India
Bengaluru, Nov 12 (UNI) The BJP on Thursday sought to assert the Narendra Modi government's central role in financing Bengaluru Metro, claiming that the sovereign guarantee provided by the Centre was crucial in enabling the Bangalore Metro Rail Corporation Limited (BMRCL) to secure soft loans from international bilateral and multilateral agencies. The party's Karnataka unit and Bengaluru South MP Tejasvi Surya hit back at the Congress government over its claims on Metro financing, arguing that international lenders were extending loans not merely on the basis of the State government's financial position but with the backing of the Centre's sovereign guarantee.…