Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1604)
1604.
Which bank signed a loan agreement of USD 83 million line of credit to Congo to finance 3 solar power projects?
Dena Bank
National Housing Bank
Exim Bank
Central Bank of India
Answer: Option
Explanation:
Export-Import Bank of India (Exim Bank) signed a loan agreement on behalf of the government of USD 83.11 million to Congo for financing three solar power projects in the central African country. It aims to provide support for financing three solar photovoltaic power projects with a total capacity of 35 megawatts in the three provinces - Karawa, Mbandaka, and Lusambo.
Discussion:
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