RBL Bank signs an agreement with Exim Bank
RBL Bank, the private lender said that it has reached an agreement with Export-Import Bank of India (India Exim Bank) under the Trade Assistance Programme (TAP) in order to facilitate cross-border commercial operations.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Export-Import Bank of India (India Exim Banktrade’s) assistance programme for cross-border transactions intends to facilitate India’s exports globally by providing credit enhancement to trade instruments.
RBL Bank signs an agreement with Exim Bank: Key Points
- India Exim Bank will open new trade channels with the participating foreign banks and institutions in emerging countries through the programme.
- The TAP’s credit upgrades for trade instruments will encourage the mobilisation of trade financing and strengthen aid to Indian exporters.
RBL Bank signs an agreement with Exim Bank: Attendees
On February 27, 2023, in the presence of Ms. Harsha B. Bangari, Managing Director – India Exim Bank, and Mr. R. Subramaniakumar, MD & CEO, RBL Bank, the agreement was signed at India Exim Bank’s headquarters in Cuffe Parade.
RBL Bank Shares:
- RBL Bank Limited shares were last seen trading on the BSE for Rs. 152.40, down from the previous close of Rs. 153.15.
- A total of 352441 shares were moved in roughly 3021 trades during the day.
- The stock’s intraday high and low were Rs. 154.40 and 150.70, respectively. The daily net turnover was Rs. 53685938.00.
- The company’s stock ended the day on the BSE down 0.098 percent to 153.
Federal Bank installs 100 KWp solar plant at Aluva office
Important Takeaways For All Competitive Exams:
- RBL Bank CEO: R Subramaniakumar
- Exim Bank CEO: Ms. Harsha Bangari
Also Read: RBI imposes restrictions on 5 co-operative banks
Find More News Related to Banking