Friday, May 12, 2023

Exim Bank to raise up to $4 billion this year

Exim Bank intends to raise around $3.5 billion to $4 billion this year to fund its government-backed business, said Harsha Bangari, MD. The bank's net profit for FY23 soared 110% to INR 1,556 crore ($209 million). It raised resources worth INR 52,156 crore, coupled with a foreign currency of $3.47 billion.

from Banking/Finance-Industry-Economic Times https://ift.tt/YyB1RFl

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