Announcement
31 Mar 2023
In March 2023, Japan Bank for International Cooperation signed a loan agreement totalling up to USD 60 million with IndusInd Bank Limited, to finance Japanese companies in the construction machinery manufacturing and sale business operating in India. The bank also provides a USD 40 million guarantee so the companies could access private funding from other commercial banks.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
31 Mar 2023
Revocation date:
No revocation date
Updated: 31 Mar 2023
Financial assistance in foreign market
In force
On 31 March 2023, the Japan Bank for International Cooperation (JBIC) signed a loan agreement for USD 60 million with IndusInd Bank Limited. The stated objective of this funding is to provide finan...
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