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EXIM Bank plans to raise about $1 billion through bonds in January

Looks to transfer nine a/cs worth Rs 780 crore to NARCL

Exim bank
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The net NPAs also dipped from 1.77 per cent in March 2020 to 0.51 per cent in March 2021

Abhijit Lele Mumbai
Export and Import Bank of India (EXIM Bank) is looking to raise about $1 billion from the international market through a 10-year bond offering in January 2022 for predominantly its lending operations.

In 2021-22 (FY22), EXIM does not have huge debt servicing obligations (redemptions) and would raise around $2 billion for the current year, said its Managing Director Harsha Bangari.

The development finance institution, wholly owned by the government of India, has raised about $500 million through a bi-lateral route in the first half ended September. While it is cheaper to raise money from bi-lateral deals, there is only an appetite for
Topics : EXIM Bank

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