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Exim Bank's GoI supported Line of Credit of USD 4.22 million to the Government of the Republic of Burundi

Exim Bank s GoI supported Line of Credit of USD 4.22 million to the Government of the Republic of Burundi - FEMA - 25 - Dated:- 5-1-2017 - RBI/2016-17/209 A.P. (DIR Series) Circular No. 25 January 05, 2017 To All Category - I Authorised Dealer Banks .....

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ic of Burundi for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 4.22 million (USD Four million two hundred and twenty thousand) for the purpose of financing the farm mechanization in Burundi. The goods, m .....

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nced 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 the value of at least 75% of the contract price shall be supplied by the seller from India .....

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ebruary 14, 2014. Under the LOC, the last date for opening of letter of Credit and Disbursement will be 48 months for Project Export Contracts from the schedule completion date(s) of contract(s) and 72 months for supply contracts, from the date of ex .....

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er may use his own resources or utilize balances in his Exchange Earners Foreign Currency Account for payment of commission in free foreign exchange. Authorised Dealer Category- l (AD Category-l) banks may allow such remittance after realization of f .....

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