Indian EXIM Bank to open office in Dhaka

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Economic Reporter :
After the signing of the biggest-ever line of credit (LoC), India’s EXIM Bank is now all set to open its Dhaka office and embark on new cooperation with Bangladesh.
Yaduvendra Mathur, Chairman and also the Managing Director of India’s official export credit agency, disclosed this on Thursday.
Mathur termed the signing of the $2 billion LoC with Bangladesh on Wednesday a “historic event” and said now his bank was preparing to open an office in Dhaka to carry forward the work under the LoC.
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