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Exim Bank's Line of Credit of USD 27.7 million to the Government of the Republic of Mali and Senegal (Mali- USD 20.62 mn. Senegal - USD 7.08 mn.)
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....006 To, All Category I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 27.7 million to the Government of the Republic of Mali and Senegal (Mali- USD 20.62 mn. Senegal - USD 7.08 mn.) The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of Mali and Senegal making available to the latter a Line of Credit (LOC) up to an aggregate sum o....
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....credit will have to be declared on GR / SDF Forms as per instructions issued by the 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 utilize balances of his EEFC account for payment of commission in free foreign exchange. Authorised Dealer banks may allow such remittance after realisa....