Exim Bank

Exim Bank News

Fund infusion to Exim Bank comes amid deteriorating assets quality

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.

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

"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

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.

ComMin seeks interest waiver, sops

Lowering cost of capital, increase in EXIM Bank’s capacity for export projects also being discussed.

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

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.

India plans counter move against US charge at WTO

Commerce minister Anand Sharma said India would respond at the World Trade Organization (WTO) about the charges raised by the US Trade Representative Michael Froman.

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Mathur leads race for Exim Bank CMD

The search committee of the government interviewed four persons and ignored the claims of many experts.

Pink slips: Calls for social security measures in contract employment get louder

Pink slips have triggered panic across all industry verticals in the country.

Air India loan from Exim Bank upheld by US court,Delta Airlines plea axed

A US court has rejected a plea by the Delta Airlines to vacate the US Export-Import Bank’s loan support for the sale of 30 Boeing wide-body jets to Air India. At the same time,the US Court of Appeals in Washington DC asked the Exim Bank to further explain its financing decision for the Air India […]

SBI raises one billion dollar via bond sale: Citigroup

The bank has a board mandate to raise $10 billion from overseas over the next few years.

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