The Asian Development Bank (ADB) has extended loans worth Rs 1,462 cr to the government to fund railways transport services, boost agri-business infrastructure in Bihar and improve road infrastructure in the north-eastern region of the country.

In three separate loan agreements signed between ADB and the government, Rs 750 crore will be used to develop the railway system, Rs 374 crore to improve road connectivity in the north-eastern region and Rs 338 crore will be used to boost agri-business infrastructure in Bihar, an official statement said today.