Category : Economy & Banking
The Export-Import Bank of India (Exim Bank) announced that it has extended $10 million worth of line of credit (LOC) to Seychelles. This is for healthcare and procurement of goods and projects. It is the first tranche of the $50 million sanctioned by the Exim Bank to the country. With this agreement for $10 million, Exim Bank has extended two LOCs to Seychelles, taking the total value to $28 million. |
Source- The Economic Times |
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