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Exim Bank's GoI supported Line of Credit of USD 6.20 million to Myanma Foreign Trade Bank

Exim Bank s GoI supported Line of Credit of USD 6.20 million to Myanma Foreign Trade Bank - FEMA - 08 - Dated:- 13-8-2015 - RBI/2015-16/151 A.P.(DIR Series) Circular No.8 August 13, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Exim B .....

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ing available to the latter, a Government of India supported Line of Credit (LOC) of USD 6.20 million (USD Six Million and Two Hundred Thousand) for financing the implementation of a microwave radio link on the Rhi-Mindat route to be carried out by T .....

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Foreign Trade Policy of the Government of India and whose purchase may be agreed to be financed by the Exim Bank under this agreement. Out of the total credit by Exim Bank under this agreement, the goods and services including consultancy services of .....

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India. 2. The credit agreement under the LOC is effective from July 27, 2015 and the date of execution of agreement is May 22, 2015. The last date for opening of letters of credit and disbursement will be 48 months from the scheduled completion date .....

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s issued by the Reserve Bank from time to time. 4. No agency commission is payable under the above LOC. However, if required, the exporter may use his own resources or utilize balances in his Exchange Earners Foreign Currency Account for payment of c .....

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