Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 235)
235.
REC Limited, a Maharatna Central Public Sector Enterprise, signed a Foreign Currency Term Loan Agreement for USD 100 Million with which financial institution?
Answer: Option
Explanation:
REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has signed a Foreign Currency Term Loan Agreement for USD 100 Million, with the Export-Import Bank of India (EXIM Bank). The loan agreement was signed by Mr Vivek Kumar Dewangan, IAS, Chairman and Managing Director, REC Limited and Dr. K. V. Kamath, Chairman, EXIM Bank on September 6, 2023, in Gurugram, Haryana.
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