Vietnam’s Eximbank to handle India’s $300 million textile loan

16-Jul-2015 # Vietnam Source: Reuters

Vietnam’s Eximbank will disburse any loans under India’s $300 million credit for projects which use Indian-made equipment with value of up to 75 per cent of the project’s total investment. Each loan will be for a period of 10 years and carry an interest rate of 2 per cent per annum.

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