Exim Bank's Line of Credit (LOC) of USD 10 million to Government of the Republic of Senagal for IT Training Project

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..... orised Dealer Banks Madam / Sir, Exim Bank's Line of Credit (LOC) of USD 10 million to Government of the Republic of Senagal for IT Training Project Export-Import Bank of India (Exim Bank) has concluded an Agreement dated July 2, 2007 with the Government of the Republic of Senegal, making available to the latter, a Line of Credit (LOC) of USD 10 million (USD Ten million) for financing expo .....

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..... to be declared on GR / SDF Forms as per instructions issued by Reserve Bank from time to time. 4. No agency commission is payable under the above line of credit. However, if required, the exporter may use his own resources or utilise balances of his EEFC account for payment of commission in free foreign exchange. Authorised Dealer Category- l (AD Category - l) banks may allow such remittance aft .....

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