Exim Bank's Line of Credit (LOC) of USD 10 million to Eastern and Southern African Trade and Development Bank (PTA Bank)

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....ks Madam / Sir, Exim Bank's Line of Credit (LOC) of USD 10 million to Eastern and Southern African Trade and Development Bank (PTA Bank) Export-Import Bank of India (Exim Bank) has concluded an agreement dated October 9, 2006 withEastern and Southern African Trade and Development Bank (PTA Bank), Kenya, making available a Line of Credit (LOC) for USD 10 million (USD Ten million only). The credi....

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....e date). 3. Shipments under the credit will have to be declared on GR / SDF Forms as per instructions issued by Reserve Bank from time to time. 4. While no agency commission shall be payable in respect of exports financed under the above line of credit, Reserve Bank may consider, on merit, requests for payment of commission up to a maximum extent of 5 per cent of the f.o.b. / c&f / c.i.f. value....