EXIM Bank of India, local bank in talks on US$10m facility


MUMBAI: The Export and Import Bank of India (EXIM Bank) is in talks with a Malaysian commercial bank to expand its second credit line worth US$10mil, EXIM Bank chairman and managing director T.C. Venkat Subramaniam said. 

“We are in talks with the bank. We will try to conclude (the talks) as soon as possible, within the next three months,” he told Bernama after a briefing on the bank’s activities in Asean countries. 

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