Question

Which of the following bank has extended a line of credit of USD 100 million to the Maldives for financing developmental projects?

A Yes Bank Correct Answer Incorrect Answer
B ICICI Bank Correct Answer Incorrect Answer
C HDFC Bank Correct Answer Incorrect Answer
D Exim Bank Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Exim Bank has extended a line of credit of USD 100 million to the Maldives for financing developmental projects.Exim Bank's overall commitment to the strategically important island nation goes to six lines of credit totalling USD 1.43 billion.

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