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booking of foreign exchange forward contract worth 100 million USD on LC/SBLC basis. A request was also made by P.E.Lyngdoh ... gold from MKS Finance/NCMI on Usance LC/ Stand Bye LC (SBLC) for delivery period up to 30.04.2012 as per agreement dated

Branch and the credit facilities were backed by Standby Letter of Credit (SBLC) availed by parent company i.e. MTPL from State Bank of India