Perspective
02 September 2014
JBIC and BTMU sign loans with India’s SBI for power equipment imports
Region:
Asia-Pacific
The Japan Bank for International Cooperation has signed a loan agreement, within a co-financing arrangement, to set up an export credit line with the State Bank of India (SBI), the largest state-owned commercial bank in India. The funds will be on-lent by SBI to purchase power sector equipment from Japan.
