Question
In sep 2021, with whom Export-Import Bank of India (Exim
Bank) has entered into an agreement for Line of Credit (LoC) of USD 40 million (USD FortyMillion only) for the purpose of development of sports infrastructure?Solution
Export-Import Bank of India (Exim Bank) has entered into an agreement dated September 02, 2021 with the Government of the Republic of Maldives, for making available to the latter, Government of India supported Line of Credit (LoC) of USD 40 million (USD Forty Million only) for the purpose of development of sports infrastructure. The Agreement under the LoC is effective from February 08, 2022.
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