India plans no more funding for Sri Lanka as IMF talks progress: Report

'We have already given $3.8 billion worth of assistance. Now it's all about the IMF'

India does not plan to provide fresh financial support to Sri Lanka on top of the nearly $4 billion it has extended this year, two sources told Reuters, as the island's battered economy starts to stabilise after a preliminary loan agreement with the IMF.

India has been the biggest provider of aid this year to its southern neighbour, which is fighting its worst economic crisis in more than seven decades and struggling to pay for imports, although the situation now is less severe than it was between May and July.

"We have already given $3.8 billion worth of assistance. Now it's all