Govt signs Rs1.225tr deal with banks to cut circular debt

This undated image shows a view of power grid towers. — Reuters/FileThe federal government, along with a group of eighteen banks, have signed a Rs 1.225 trillion financing agreement aimed to address the country's power sector circular debt.The agreement, being considered a major...

Sep 25, 2025 - 18:00
Govt signs Rs1.225tr deal with banks to cut circular debt
This undated image shows a view of power grid towers. — Reuters/FileThe federal government, along with a group of eighteen banks, have signed a Rs 1.225 trillion financing agreement aimed to address the country's power sector circular debt.The agreement, being considered a major...