Govt to infuse Rs 1,300 cr in Exim Bank next fiscal
The government has decided to pump Rs 1,300 crore into state-owned Export-Import Bank of India (Exim Bank) to fund its business growth.
LOC facility of Exim Bank sees rapid growth
The LOCs enable buyers in developing countries to import developmental and infrastructure project...
BHEL bags second hydroelectric project order in Nepal
The order for Rahughat HEP, located in the Raghuganga municipality of Myagdi district of Nepal, envisages design, engineering, manufacturing, supply, erection and commissioning of a complete electr...
India on track to meet NDC goals under Paris Agreement: Survey
Swachh Bharat Mission (Urban) was launched in 2014 with twin objectives of ensuring 100 per cent scientific solid waste management and making urban India open defecation free (ODF) to achieve total environmental improvement, the Finance Ministry said in a release.
Exim Bank hits global bond market with $1 billion issue
EXIM Bank confirmed that it is in the market but did not divulge specific details about the issue.
Exim Bank to raise up to $3 billion from overseas borrowings in FY21
On January 6, the bank raised $1 billion through a 10-year 144A/Reg S bond.
Exim Bank rings bell at India INX with $1 billion 10-year bond listing
On Jan 6, EXIM Bank of India had successfully priced a 10-year bond of one billion dollars.
In talks with Indian firms to issue green bonds: Luxembourg Stock Exchange CEO
Green bonds are debt instruments issued to fund green projects or those that have a positive environmental or climate impact.
Manappuram Finance, Exim Bank raise $1.3 billion through bond sales
The issues see Exim raising $1 billion at 3.27% Manappuram collecting $300 mn at 5.9%
What checked Rupee's loss amid global tensions
“There is a line-up of inflows from external commercial borrowings and share sale expectations, which will keep the rupee under check despite global uncertainties and local deteriorating macros,” said Ashhish Vaidya, treasurer at DBS Bank India.
Exim Bank provides USD 500 mn credit to Bangladesh for defence procurement
Export Import Bank of India entered into an agreement on April 11 with Bangladesh's Armed Forces Division for making available to the latter a Government of India-supported line of credit (LoC) of USD 500 million, the RBI said in a notification on Friday. The LoC is for the purpose of financing defence-related procurement in Bangladesh, it said.
RCom lenders to meet January 2 to consider asset bids
The bankrupt telco RCom and its units are under the reins of resolution professional (RP) -Deloitte and the resolution process is slated to be completed by January 10. “But, now COC will seek extension of deadline till February end,” said a person aware of the development .
Anil Ambani to pay $100 mn in conditional order for Chinese banks: UK court
The lawsuit was filed by Chinese banks which argue that they provided a loan of $925 mn to RCom.
CBI registers case against Delhi based firm, Radikal Foods
The FIR says that an alleged loss of Rs. 819.48 crore(approx) as on April 1, 2018 was caused to the banks. The consortium banks consisted of 10 banks namely State Bank of India, Indian Overseas Bank, Oriental Bank of Commerce, Exim Bank, Bank of India, IDBI Bank, Bank of Maharashtra, CSB Bank, Vijaya Bank (now Bank of Baroda) & UCO Bank.
Bihar has untapped export potential of USD 900 million: Exim Bank study
The report also said that the merchandise exports from the eastern state in 2017-18 were valued at USD 1.35 billion which was a "remarkable improvement" over the USD 0.4 billion of exports recorded during 2012-13.
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