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Exim Bank s Government of India supported Line of Credit of USD 29.95 million to the Government of the Republic of Kenya

Exim Bank s Government of India supported Line of Credit of USD 29.95 million to the Government of the Republic of Kenya - FEMA - 32 - Dated:- 2-3-2017 - RBI/2016-17/237 A.P. (DIR Series) Circular No. 32 March 02, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Government of India supported Line of Credit of USD 29.95 million to the Government of the Republic of Kenya Export-Import Bank of India (Exim Bank) has entered into an agreement dated July 11, 2016 with the .....

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under the 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, goods and services of the value of at least 72 per cent of the contract price shall be supplied by the seller from India and the remaining 28 per cent of goods and services may be procured by the seller for the purpose of the eligible contract from outside India. 2. The credit agreement under th .....

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