EXPORT-IMPORT BANK OF INDIA'S GOI-SUPPORTED LINE OF CREDIT OF USD 120 MN TO THE GOVERNMENT OF THE SOCIALIST REPUBLIC OF VIETNAM (GO-VNM) FOR PROCUREMENT OF HIGH-SPEED GUARD BOATS IN THE BORROWER'S COUNTRY

MUMBAI, India, Feb. 13 -- Reserve Bank of India issued the following notification:

RBI//2024-2025/114

A.P. (DIR Series) Circular No. 21

February 13, 2025

All Category - I Authorised Dealer Banks

Madam/Sir

Export-Import Bank of India's GOI-supported Line of Credit of USD 120 mn to the

Government of the Socialist Republic of Vietnam (GO-VNM) for procurement of High-Speed

Guard Boats in the Borrower's Country

Export-Import Bank of India (Exim Bank) has entered into an agreement dated July 31, 2024, with the Government of the Socialist Republic of Vietnam (GO-VNM), for making available to the latter, Government of India supported Line of Credit (LoC) of USD 120 mn (USD One Hundred Twenty Million Only) for procurement of High-Speed Guar...