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The offshore India fund not domiciled in India receives flows from overseas investors and in turn invests the money into the Indian markets, according to a report by Morningstar.

Exim Bank extends USD 800 million credit line to Maldives

Exim Bank has now in place 245 LoCs, covering 63 countries in Africa, Asia, Latin America, with commitments of around...

20 March 2019 4:18 PM IST

Sri Lankans block an intersection demanding cooking gas cylinders in Colombo, Sri Lanka, Saturday, May 7, 2022. (AP)

India rubbishes report of Sri Lanka using Line of Credit to import...

Issuing a statement, the Indian embassy made it clear that the reports suggesting such use of India's assistance as...

8 May 2022 12:27 PM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

Exim Bank extends USD 10 million loan facility to Seychelles

The LOC is the first tranche of the USD 50 million sanctioned by the Exim Bank to the country, a release said.

27 Jun 2018 2:09 PM IST

Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina share a laugh after a signing of agreements in New Delhi. (Photo: AP)

Modi announces Line of Credit of USD 4.5 billion to Bangladesh; no...

The Teesta river runs through both Bengal and Bangladesh and if a treaty is signed it would allow for equal share of...

8 April 2017 5:13 PM IST