Exim Bank (Export-Import Bank of India)

Financial Services

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"The Export-Import Bank of India has agreed to open a $150 million line of credit for Iranian banks. The agreement was signed between the head of Exim bank and representatives of Iranian banks in New Delhi, Iran's IRNA News Agency reported on Dec. 23. The Iranian delegation consisted of representatives of the Central Bank of Iran, Ministry of Economic Affairs and Finance, as well as Saman, Pasargad, Parsian, Karafarin, Eghtesad Novin, and Keshavarzi banks. Iran's Ambassador to New Delhi Gholamreza Ansari said that the LC line will be used for purchasing technical and engineering services." (Trend, "India’s Exim Bank to open $150M line of credit for Iran," 12/23/14)