India, July 1 -- The Japan Bank for International Cooperation (JBIC) signed on June 30 a loan agreement amounting to up to approximately JPY23.1 billion (JBIC portion) with the State Bank of India (SBI). The loan is co-financed with Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, and the Bank of Yokohama, Ltd., bringing the total co-financing amount to approximately JPY71.1 billion. JBIC will provide guarantee for a part of the loan provided by the private financial institutions. The loan is intended to provide the funds necessary for SBI to support overseas business operators involved in supply sources and sales networks that form part of the supply chain of Japanese automakers, as well as to finance infrastructure development proj...