Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1682)
1682.
This bank extended a credit facility of USD 500 million to Tanzania for water supply projects in the country.
Exim Bank
DBS Bank
State Bank of India
DSP Merrill Lynch Limited
Answer: Option
Explanation:
Export-Import Bank of India (Exim Bank) extended a credit facility of USD 500 million to Tanzania for water supply projects in the country. Exim Bank signed an agreement in May 2018, with the Tanzania government for making available a Government of India-supported line of credit of USD 500 million for the purpose of financing water supply schemes.
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