Epic Research Update : State Bank of India

State Bank of India (SBI) has signed a line of credit (LoC) of $500 million with Export-Import Bank of Korea (Korea Eximbank). This line will be in addition to LoC of $200 million signed between the two institutions on January 16, 2014 to support Indian companies importing goods and services from Korea. This signing is a step towards further strengthening of Korea-India strategic partnership.



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Posted in: Indian Market Tips