A Line of Credit (LOC) of USD 20.10 million has been extended by the Export-Import Bank of India (Exim Bank) on behalf of the Government of India, to the Government of the Republic of Nicaragua. This LOC has been extended for reconstruction of Aldo Chavarria Hospital in the Republic of Nicaragua.
Click Here To Get Test Series For SBI PO 2020
With the signing of the above LOC Agreement for reconstruction of hospital, the total number of LOCs extended by Exim Bank to the Republic of Nicaragua comes to four, comprising projects which includes supply of equipment for building two substations, construction of transmission lines, building new substation, expansion of the existing substations and reconstruction of a hospital. The total value of the 4 LOCs is USD 87.63 million.
Important takeaways for all competitive exams:
The IPL Auction 2026 witnessed a historic moment as Prashant Veer and Kartik Sharma emerged…
The Filmfare OTT Awards 2025, held in Mumbai on December 16, 2025, honoured the finest…
India is set to expand its polar research footprint with Maitri II, a next-generation research…
The IPL mini-auction witnessed history when Australian all-rounder Cameron Green attracted a staggering INR 25.2…
In an important development in India’s banking sector, HDFC Bank has received approval from the…
The IPL Auction 2026 created history as bidding wars reached unprecedented heights, reaffirming the Indian…