. On 4 November 2013, the KMRL director board approved an offer from Canara Bank to provide it with a loan of . KMRL also signed an agreement with French financial aid agency Agence Française de Développement (AFD) on 8 February 2014, to provide a loan for the project. The AFD loan is for a period of 25 years at the rate of 2% interest. The period is composed of a 20-year repayment period and a five-year grace period. The total debt component from Canara Bank and AFD amounted to INR 21.70 billion. The centre and state governments contributed each as equity share for the project. The line is expected to break even in 2023. KMRL signed a term loan agreement for Rs 1,170 crore with Canara Bank on 20 July 2014. The Metro authority said that Canara Bank has taken this project as a special case with their request of interest reduction and provided relaxations on their conditions. In November 2016, the AFD agreed to provide a loan of EUR 175 million to the KMRL for the extension of the metro from JLN Stadium to Infopark via Kakkanad. Although the AFD typically issues 20-year loans for urban infrastructure projects, it agreed to offer KMRL a longer tenure of 25 years at an interest rate of 1.35%. EUR 22 million will be utilized to carry out works related to non-motorised transportation at 20 stations, pedestrianization of MG Road, and junction development at Aluva, Edappally and Vyttila. The extension is estimated to cost . Revenues Apart from ticket sales, the KMRL intends to generate revenue through advertising and leasing out station names. Advertisements will be placed at metro stations, pillars along the viaduct, the interior/exterior of trains and the KMRL website. Stations may be renamed after sponsors who pay a fee. The metro will also create links between metro stations and nearby commercial establishments if the establishments pay a fee. Kochi Metro has also encouraged bidding for the naming rights of selected stations. The station near Lissie Hospital is named after the hospital after they won the naming rights for the station. The station was renamed to Town Hall Metro Station on 1 February 2020. Similarly, OPPO bagged the naming rights for Edapally and MG Road stations. Hence, the stations are named Edapally OPPO and MG Road OPPO respectively. The Indian Institute of Management, Bengaluru (IIMB) estimated that Kochi Metro could