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Exim Bank wants RBI to hike its leverage ratio by 50%

Exim Bank wants RBI to hike its leverage ratio by 50%

Last Updated: Sunday, July 27, 2014, 12:31

Currently, RBI allows the Exim Bank to leverage only 10 times of its net-owned funds, which it wants to be hiked to at least 15 times.

Exim Bank extends $89.9 mn credit line to Congo

Last Updated: Friday, March 14, 2014, 18:30

Export-Import Bank of India (Exim Bank) today said it has extended a second line of credit (LoC) of USD 89.90 million to the Republic of Congo for developing transportation system.

Anurag Jain appointed acting CMD of Exim Bank

Last Updated: Monday, December 02, 2013, 22:28

Exim Bank said Monday IAS officer Anurag Jain has been appointed as its acting chairman and managing director after the retirement of incumbent TCA Ranganathan.

Indian bizmen more committed than Chinese in Africa: Sunil Mittal

Last Updated: Sunday, October 06, 2013, 12:22

Indian businessmen are not aggressive as Chinese in Africa but they have long-term commitments for the development of the continent and have already invested billions of dollars, Bharti group Chairman Sunil Mittal has said.

Essar Energy gets $300 mn credit to repay bridge loan

Last Updated: Thursday, September 12, 2013, 11:45

The USD 150 million facility, originally agreed with Axis Bank, was signed and disbursed in September 2012 and allowed for an increase to USD 450 million. Both facilities mature in 2017.

Exim Bank looks at 20% growth this fiscal

Last Updated: Friday, August 02, 2013, 15:39

The Exim Bank is looking at a 20 percent growth in loan portfolio during the current financial year despite the slowdown which has gripped many countries, particularly European ones.

Exim Bank to offer long-term finance to pharma companies

Last Updated: Monday, July 15, 2013, 19:36

In a bid to boost export capability of Indian pharmaceutical companies, Export-Import Bank of India (Exim Bank) has decided to expand the scope of its finance to them for extended repayment periods.

India promises continued credit lines to Ethiopia

Last Updated: Sunday, July 14, 2013, 17:42

The Exim Bank of India's line of credit (LoC) to African countries is growing in proportion to the Indian companies' interest in investing in the continent, says T.C.A. Ranganathan, its chairman and managing director.

Vietnam to host 10th annual international women`s volleyball

Last Updated: Wednesday, July 10, 2013, 17:00

The 10th annual international women`s volleyball tournament - the VTV Eximbank Cup 2013 - will take place in Vietnam`s northern Ninh Binh province July 13-20.

Exim Bank funds 3 Mozambique projects worth $216 mn

Last Updated: Tuesday, July 09, 2013, 15:52

The Exim Bank said it has extended an additional USD 216.44 million in three lines of credit (LoC) to Mozambique.

Exim Bank gives $10 mn line of credit to Seychelles

Last Updated: Monday, July 08, 2013, 21:36

A line of credit is an arrangement between a financial institution and a customer that establishes a maximum loan balance that the bank will permit the borrower to maintain.

Bullish on solar projects in India: US Exim Bank chief

Last Updated: Wednesday, June 26, 2013, 22:15

US Exim Bank chief Fred Hochberg has said the lender is bullish on the renewable energy space here, especially the solar sector, even though there is a "slight pause" in such projects.