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Govt gives Rs 9,000 crore to Exim Bank as loans extended to foreign countries turn NPAs

February 04, 2024 4:37 pm

The Exim Bank had to invoke the guarantees after decade-plus old loans extended to some African countries turned into non-performing assets.

Exports to rise by 6.3 per cent in Q3: Exim Bank

November 09, 2023 9:05 pm

The positive growth rates are expected after the negative growth seen during the first two quarters of the year.

Data embassies, EXIM Bank subsidiary to propel business

February 02, 2023 4:22 am

The Union budget announcement about "recognising offshore derivative instruments as valid contracts" is expected to attract more business to GIFT IFSC.

CBI raids premises of PSL, seizes $90,000 and Rs 1.99 cr in cash

January 16, 2023 2:20 pm

According to the CBI, the cases were registered recently on the basis of complaints by Canara Bank, Punjab National Bank (PNB), IDBI Bank and Export Import Bank of India (EXIM Bank).

Exim Bank recruitment 2020: Vacancies for 60 Management Trainee posts; check pay scale, eligibility

December 10, 2020 1:48 pm

Exim Bank recruitment 2020: There are 60 vacant posts, and application process will begin from December 19. Apply at eximbankindia.in

Exim Bank posts Rs 124 crore profit for FY20

June 25, 2020 3:37 pm

The development finance institution had reported a profit after tax of Rs 82 crore in 2018-19.

Take Modi away, 90% of speeches of Opposition will be over: Arun Jaitley

Fund infusion to Exim Bank comes amid deteriorating assets quality

January 21, 2019 6:34 am

With the government facing financial constraints, the fund infusion is being done through issuance of recapitalisation bonds, on the lines of similar bonds being issued for capital infusion in public sector banks.

Cabinet clears next gen IT-filing system; Infosys to implement Rs 4,242-cr project

Govt to infuse Rs 6,000 crore in Exim Bank over two years

January 16, 2019 6:43 pm

"Cabinet approves recapitalisation of Export-Import Bank of India (Exim Bank) to the tune of Rs 6,000 crore and increase its authorised capital from Rs 10,000 crore to Rs 20,000 crore," he said.

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US Senate panel likely to reject Trump EXIM Bank pick, others to advance

December 19, 2017 10:32 am

Garrett vowed at his confirmation hearing that he would keep the bank "fully open" but struggled to convince Democrats that he believed in the bank's mission to finance U.S. exports.

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Exim Bank’s red flag: Why most Africa deals go to so few firms?

October 20, 2015 3:11 am

With most of these LoCs extended to African countries, the “red flag” assumes significance with at least 54 heads of govt from the continent scheduled to gather in Delhi from for the Africa Summit.