Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1142)

2020-10-15 Banking

1142.

Which bank extended $400 mn Line of Credit to the Maldives?

RBI

SBI

EXIM Bank

SEBI

Answer: Option

Explanation:

The Export-Import Bank of India (Exim Bank) has extended a $400 million Line of Credit (LoC) for the Greater Male Connectivity Project in the Maldives. The LoC was signed between Exim Bank General Manager Nirmit Ved and the Maldives Finance Minister Ibrahim Ameer.