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| 1. |
The Reserve Bank of India announced how much line of credit to the Export-Import Bank of India on 22 May? |
| Answer» The Reserve Bank of India announced Rs.15,000 crore line of credit to the Export-Import Bank of India on 22 May. The move by RBI is to help the sagging foreign trade. EXIM Bank depends on foreign currency borrowings for its operations. The Bank has failed to raise the resources due to the COVID-19 pandemic. | |