By Mayuri Sinha

The Export Import (Exim) Bank of the US, the US government's official export credit agency, has signed an agreement with India's top private sector bank, ICICI Bank, to provide $250 million worth of credit support to international banks for financing of capital goods imports by Indian corporates from the US.

The agreement is an extension of Indian infrastructure facility of the US Exim Bank, which has committed $2.45 billion for India infrastructure projects and capital goods purchases.

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Posted by boyang at August 19, 2008 8:33 PM