The Exim Bank is opening an office in Dhaka which is expected to strengthen trade linkages between India and Bangladesh.

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The office will be inaugurated by Finance Minister Arun Jaitley next week.

"There are a lot of trade opportunities between the two countries. Also, domestic companies can invest in many sectors such as textiles and garments, among others," bank's managing director David Rasquinha said.

Bilateral trade between the two countries in 2016-17 stood at USD 7.4 billion.

Exim Bank has already provided two credit facilities of USD 3 billion to Bangladesh and is also going to sign a line of credit worth USD 4.5 billion next week.

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Fitch Learning to provides financial education programmes Fitch Learning, the training and professional development firm owned by Fitch Group, today said it will be providing financial education programmes to professionals in the the country's financial services sector.

Under the new RBI policy of higher standards and capacity building for financial professionals, the Indian Banks' Association (IBA) has selected Fitch Learning to provide training programmes and enhance the skill level across the financial services sector, the company said in a release.

Fitch Learning has developed its first module as a training initiative that is aimed only at specific banking institutes and will comply with the specifications for certification mandates laid down by the RBI.

 

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