INDIA: The European Investment Bank has signed a €500m loan agreement for the Reach 6 metro project in Bangalore, in what it says is its largest ever loan to India. The Asian Infrastructure Investment Bank is also expected to support the project.

Due to open in 2021, the 22 km route with 18 stations would use a mixture of underground and elevated alignment. The EIB loan covers construction of the line and the purchase of 96 metro cars.