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News
Line of Credit
Line of Credit News
India-Sri Lanka
21 Feb 2022
Sri Lanka completes trials of AC train supplied by India, see pics HERE!
Sri Lanka has completed trials of an AC train It was supplied by India under USD 318 million line of credit USD 318 million LoC was finalized for supply of railway rolling stock, up-gradation of railway tracks and other mutually agreed projects
Arun
03 Oct 2017
Bangladesh, India set to sign $4.5 bn LoC deal on Jaitley visit
The two countries signed the first LoC in August 2010 while the second one was inked in March, 2016.
Narendra Modi
10 Jul 2016
PM Modi Africa Tour: India extends $92 million Line of Credit to Tanzania
Seeking to enhance its ties with resource-rich Tanzania, India Sunday extended its full support to the country to meet its development needs and signed five agreements, including one for providing a Line of Credit of USD 92 million in the water resources sector.
Exim Bank
03 Dec 2014
Exim Bank extends USD 1 bn of LoC to Nepal
Export-Import Bank of India (Exim Bank) Wednesday said it has extended a Line of Credit (LOC) worth USD 1 billion to Nepal for financing hydropower, irrigation and infrastructural development projects.
SBI
26 Sep 2014
SBI signs $500 mn LoC with Korea Eximbank
The entire process was facilitated by SBI's subsidiary, SBI Capital Markets.
Line of Credit
03 Aug 2014
India announces USD 1billion line of credit to Nepal
India on Sunday announced USD 1billion line of credit to Nepal as Prime Minister Narendra Modi embarked on a two-day official visit to the Himalayan nation.
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