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An agreement for trade finance has been signed between RBL Bank and Exim Bank.
Mumbai-based RBL Bank has signed a Memorandum of Understanding (MoU) with Export-Import Bank of India (India Exim Bank) under the Trade Assistance Programme (TAP). The partnership aims to facilitate cross-border commercial operations by providing credit enhancement to trade instruments. RBL Bank is a private lender in India with a strong focus on digital banking and has a significant presence in the Indian financial market.