Accompanied by Sri Lankan President Maithripala Sirisena, PM Narendra Modi also unveiled a plaque inaugurating Talaimannar 1650 Pier Railway station.
The two countries signed four agreements on visa, customs, youth development and building Rabindranath Tagore memorial in Sri Lanka.
The line of credit includes US $70 million for a co-generation power plant and US $5 million to strengthen and modernise Fiji's village, small and medium scale industries.
The new standard will be instrumental in getting information relating to unaccounted money hoarded abroad and enable its eventual repatriation,PM said at G-20 forum.
He said good governance is starting point of change and it is important to business as it is to ordinary citizens. "You will begin to find change in India", he added.
The Prime Minister, who arrived in the city from Brisbane after attending the G20 Summit, will proceed to the Australian capital on Monday night and later to Melbourne.
Making a strong pitch for economic reforms, Mold told that reforms should lead to simplification of processes and that methods of governance must be reformed.
The Prime Minister will also undertake a bilateral visit to the Australian capital Canberra for talks with his Australian counterpart Tony Abbott on Tuesday.
The Prime Minister noted that both India and ASEAN are keen to enhance their cooperation in advancing balance, peace and stability in the region.
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