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Exim Bank s Government of India supported Line of Credit of USD 92.18 million to the Government of Tanzania

Exim Bank s Government of India supported Line of Credit of USD 92.18 million to the Government of Tanzania - FEMA - 38 - Dated:- 9-3-2017 - RBI/2016-17/247 A.P. (DIR Series) Circular No. 38 March 09, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Government of India supported Line of Credit of USD 92.18 million to the Government of Tanzania Export-Import Bank of India (Exim Bank) has entered into an agreement on July 10, 2016 with the Government of Tanzania for ma .....

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urchase 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 75 per cent of the contract price shall be supplied by the seller from India and the remaining 25 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 the LOC is effective from February 20, 2017. Under the LOC, the termina .....

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