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Govt widens export funding to Iran to Rs 3,000 crore

The Cabinet on Wednesday more than tripled the funding for exports to Iran to Rs 3,000 crore through the Export Development Fund (EDF) of the Exim Bank with a view to improving bilateral trade and strategic ties.

Govt to develop 25 regional airports, says Jaitley

Govt to develop 25 regional airports, says Jaitley

 To improve air connectivity, Union Minister Arun Jaitley today said the government plans to develop 25 regional airports.

'India, Africa must look at opportunities for diversification'

The fast-growing economies in India and Africa will have to diversify to cash in on the boom in many sectors, a top African economist said on Monday

Exim Bank co-promotes project development firm in Africa

Exim Bank on Tuesday said it will set up in Africa a development firm KPDC, in partnership with others, to facilitate Indian participation in infrastructure projects across the continent.

GE to create 1,000 jobs in Europe, blames Ex-Im Bank shutdown

General Electric said Thursday it would create up to 1,000 aviation jobs in Europe, the latest blow to the US jobs market after Congress shut down the Export-Import Bank.

Govt gives ex-post-facto nod to capital infusion in EXIM Bank

The government on Wednesday gave its ex-post-facto approval to 800 crore capital infusion made in the Export Import Bank of India (EXIM Bank).

Exim Bank, BRICS member development banks ink MoU with NDB

Exim Bank, BRICS member development banks ink MoU with NDB

Export-Import Bank of India (Exim Bank) on Friday said it has signed a multilateral agreement to cooperate with New Development Bank (NDB) along with other member development banks of BRICS nations.

CVC recommends prosecution of two EXIM bank officials

The Central Vigilance Commission has recommended prosecution of two senior executives of Export Import Bank of India (EXIM bank), the country's premier export finance institution, for their alleged involvement in a corruption case being probed by the CBI.

Exim Bank Net up marginally at Rs 726 crore in FY15

The Exim Bank Thursday reported a marginal increase in net profit at Rs 726 crore for FY 2014-2015, up from Rs 710 crore in the previous fiscal.

EXIM Bank plans to raise Rs 13,000 crore in FY16

Enthused over the allocation of Rs 1,300 crore in the Union Budget, Export-Import Bank of India is now planning to raise an additional Rs 13,000 crore in the next fiscal, a top official said today.

Exim Bank to provide $22.5 mln line of credit to Gambia

Exim Bank will provide a line of credit of USD 22.5 million to Gambia for financing electrification project in the African nation.

Exim Bank raises $500 mn in overseas debt at 2.75% coupon

Exim Bank raises $500 mn in overseas debt at 2.75% coupon

Export Import Bank of India (Exim Bank) on Friday said it has raised USD 500 million by selling fixed rate unsecured bonds offering a coupon of 2.75 percent per annum from international markets in euro-dollar.

Exim Bank sells $500 mn debt in overseas market at 2.87% coupon

Exim Bank sells $500 mn debt in overseas market at 2.87% coupon

The current issue is part of the Bank's USD 6 billion medium term notes and will be listed on the Singapore Exchange.

Exim Bank hits overseas bond market with benchmark issue

Exim Bank on Wednesday hit the international debt market with a benchmark issue to raise over USD 500 million by selling senior unsecured notes to overseas investors.

Rajinikanth's wife in financial trouble?

Rajinikanth's wife in financial trouble?

Rajinikanth's wife Latha Rajinikanth is reportedly facing financial trouble. 

RIL says not in overseas market to raise funds via bond sale

The Mukesh Ambani-led company in April this year tied up USD 550 million from Japanese investment agency JICA and another USD 800 million from Korean Exim Bank in September.

Exim Bank extends USD 1 bn of LoC to Nepal

Export-Import Bank of India (Exim Bank) Wednesday said it has extended a Line of Credit (LOC) worth USD 1 billion to Nepal for financing hydropower, irrigation and infrastructural development projects.

Exim Bank raises Rs 1,051 cr through Samurai bond sale

Samurai bonds are yen-denominated debt instruments issued by a foreign government or company in the Tokyo bond market.

Exim Bank inks trade facilitation pact with US body

The agreement was signed at an event addressed by visiting US Commerce Secretary Penny Pritzker in the financial capital.

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

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.