MUMBAI, Aug 19 (Reuters) - ICICI Bank , India's No.2 lender, has signed a memorandum of understanding with the Export-Import Bank of United States for $250 million to work together for funding capital goods imports by Indian corporates from United States.
The agreement is an extension of the Indian Infrastructure Facility of the Ex-IM Bank, ICICI, which is also listed in New York , said in a statement. (Reporting by Narayanan Somasundaram)
Tuesday, August 19, 2008
India's ICICI Bank signs MOU with U.S. Ex-Im Bank
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