EXIM BANK'S GOI-SUPPORTED LINE OF CREDIT (LOC) FOR ₹ 4,850 CRORES THE GOVERNMENT OF MALDIVES, FOR FINANCING VARIOUS DEVELOPMENTAL PROJECTS IN MALDIVES

NEW DELHI, Sept. 23 -- The Government of India issued the following FEMA circular:

RBI/2026-2027/269

A.P. (DIR Series) Circular No. 22

September 23, 2026

All Category - I Authorised Dealer Banks

Madam/Sir

Exim Bank's GOI-supported Line of Credit (LOC) for ₹ 4,850 crores the

Government of Maldives, for financing various developmental projects in Maldives

Export-Import Bank of India (Exim Bank) has entered into an agreement dated July 25, 2025, with the Government of the Republic of Maldives, for making available to the latter, Government of India supported Line of Credit (LoC) of ₹ 4,850 crores (Rupees Four Thousand Eight Hundred and Fifty crores only) for financing various developmental projects in Maldives. The export ...