News

Exim Bank logs Rs 1,556 cr net in FY23 The Export Import Bank of India (Exim Bank) on Friday said it closed FY23 with an after tax profit of Rs 1,556 crore. According to Exim Bank, the company closed FY23 with a net profit of Rs 1,556 crore up from Rs 738 crore logged during FY22. During the year under review, the bank had sanctioned loans aggregating Rs 79,764 crore to enhance export capabilities of Indian companies and support development priorities of partner countries. The Bank has a portfolio of 303 Government of Ind...
Exim Bank logs Rs 1,556 cr net in FY23
Exim Bank logs Rs 1,556 cr net in FY23
Source: IANS
12/05/2023 5:35:32 PM
Mr. Tarun Sharma takes charge as India Exim Bank`s Deputy Managing Director We are happy to share that Mr. Tarun Sharma took charge as the Deputy Managing Director (DMD) of India Exim Bank on April 18, 2023. Prior to this, he was the Chief Financial Officer of the Bank and also led the Bank’s technology initiatives. Mr. Sharma has authored a book ‘Project Exports: Connecting Continents with Indian Expertise’, exploring the instrumental role that project exports are capable of playing in India’s quest for a sustainable rapid economic grow...
Mr. Tarun Sharma takes charge as India Exim Bank`s Deputy Managing Director
Mr. Tarun Sharma takes charge as India Exim Bank`s Deputy Managing Director
Source: PR Agency
19/04/2023 4:50:42 PM
Mr. Jagdish Capoor Appointed Chairman of West End Housing Finance Mumbai: Mumbai-based affordable housing finance company, West End Housing Finance Ltd., has appointed reputed banker Mr. Jagdish Capoor as its Chairman. The appointment was made by the board at its meeting held in Mumbai on the 10th of February, 2023. Mr. Jagdish Capoor has had an illustrious career in the finance sector, having served as the Deputy Governor of the Reserve Bank of India. He has also been the Chairman of HDFC Bank and the Bombay Stock Exchange (BSE), and has serve...
Mr. Jagdish Capoor Appointed Chairman of West End Housing Finance
Mr. Jagdish Capoor Appointed Chairman of West End Housing Finance
Source: PR Agency
14/02/2023 4:21:30 PM
Gateway Distriparks to commence container train services at ICD Kashipur Gateway Distriparks Limited (GDL), an integrated inter-modal logistics service provider is pleased to announce that it will be starting EXIM and domestic container train services at ICD Kashipur from 4th December 2022. Gateway Distriparks Limited operates a fleet of 31 rakes and will run services between ICD Kashipur and the maritime ports of Mundra, Pipavav and Nhava Sheva. To ensure a smooth transition for customers at this ICD, the container train services are commenci...
Gateway Distriparks to commence container train services at ICD Kashipur
Gateway Distriparks to commence container train services at ICD Kashipur
Source: PR Agency
30/11/2022 5:22:44 PM
Rajasthan eyes repeat of Gujarat`s exports story via international expo The Rajasthan government is aiming to repeat the Gujarat export story by organising a first of its kind expo in the state which has been named as the Rajasthan International Expo. While discussing the venue and date for the event in a meeting called recently in the state, senior officials discussed all possibilities to repeat the success story of Gujarat exports which tops the country's charts by contributing 30 per cent of exports from India. If neighbouring states like Gujarat c...
Rajasthan eyes repeat of Gujarat`s exports story via international expo
Rajasthan eyes repeat of Gujarat`s exports story via international expo
Source: IANS
6/11/2022 10:49:08 AM
Shakti Pumps (India) zooms on getting advance worth $6 million from EXIM bank Shakti Pumps (India) is currently trading at Rs. 519.10, up by 34.40 points or 7.10% from its previous closing of Rs. 484.70 on the BSE. The scrip opened at Rs. 490.00 and has touched a high and low of Rs. 526.00 and Rs. 490.00 respectively. So far 12199 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 833.25 on 19-Oct-2021 and a 52 week low of Rs. 415.10 on 12-May-2022. Last one week high and low of the scrip s...
Shakti Pumps (India) zooms on getting advance worth $6 million from EXIM bank
Shakti Pumps (India) zooms on getting advance worth $6 million from EXIM bank
Source: Accord Fintech
27/09/2022 12:51:44 PM
Youngest US Senator Jon Ossoff meets students, biz leaders in Mumbai Visiting US Senator Jon Ossoff met students, business leaders and others as part of his ongoing eight-day trip to India to enhance Washington-New Delhi relations at different levels, officials said here on Wednesday. Senator Ossoff, a former journalist and documentary film producer elected from the state of Georgia, held a lively discussion with students of Jai Hind College in an attempt to hear from the young people of India on the challenges confronting their generation. He also met t...
Youngest US Senator Jon Ossoff meets students, biz leaders in Mumbai
Youngest US Senator Jon Ossoff meets students, biz leaders in Mumbai
Source: IANS
31/08/2022 3:08:31 PM
India Exim Bank Announces the Winner of the BRICS Economic Research Award 2022 India Exim Bank’s BRICS Economic Research Award 2022 was presented to the Award winner, Dr. Apoorv Gupta during the 12th Annual BRICS Financial Forum hosted online by China Development Bank (CDB), on June 17, 2022 in the presence of heads of member development banks of the BRICS Interbank Cooperation Mechanism.   Dr.Apoorv Guptawas declared the winner of Export-Import Bank of India’s (India Exim Bank’s) BRICS Economic Research Award 2022 by Ms. Harsha Bangari, Man...
India Exim Bank Announces the Winner of the BRICS Economic Research Award 2022
India Exim Bank Announces the Winner of the BRICS Economic Research Award 2022
Source: PR Agency
21/06/2022 11:57:56 AM
India’s total merchandise exports likely to be at $117.2 billion in Q1FY23: India Exim Bank India Exim Bank has said that the country's total merchandise exports are likely to be at $117.2 billion in the first quarter of FY23 (Q1FY23). The total merchandise exports stood at $95.5 billion in the corresponding quarter of the previous year. It said non-oil exports continue to witness a double-digit growth of 12.6 per cent, amounting to $93 billion, during the first quarter (April-June) of 2022-23, compared to $82.6 billion in the year-ago period. It further said the rise in t...
India’s total merchandise exports likely to be at $117.2 billion in Q1FY23: India Exim Bank
India’s total merchandise exports likely to be at $117.2 billion in Q1FY23: India Exim Bank
Source: Accord Fintech
14/06/2022 12:04:12 PM
Exim Bank of India lists $1 bn bond on AFRINEX Export-Import Bank of India (India Exim Bank) on Wednesday said it has listed its USD 1 billion 10-year bond on AFRINEX. In a statement the bank said the listing was done virtually, during the launching ceremony of AFRINEX on October 25. Prime Minister of Mauritius, Pravind Kumar Jugnauth, High Commissioner of India to Mauritius, K. Nandini Singla, and Managing Director of India Exim Bank, Harsha Bangari, rang the digital bell on AFRINEX. The transaction at a coupon of 2.25 per cent ...
Exim Bank of India lists $1 bn bond on AFRINEX
Exim Bank of India lists $1 bn bond on AFRINEX
Source: IANS
27/10/2021 2:04:27 PM
India's total merchandise exports to touch $98.45 billion for Q2 FY22: India Exim Bank Export-Import Bank of India (India Exim Bank) has said it forecasts India's total merchandise exports to $98.45 billion for the second quarter (Q2) of FY22. According to India Exim Bank, India's merchandise exports during the second quarter of FY22 is expected to be $98.45 billion and non-oil exports to be $85.63 billion as against $74.02 billion and $66.73 billion respectively logged during the previous year corresponding period. India Exim Bank said the rise in India's export...
India's total merchandise exports to touch $98.45 billion for Q2 FY22: India Exim Bank
India's total merchandise exports to touch $98.45 billion for Q2 FY22: India Exim Bank
Source: Accord Fintech
13/09/2021 10:51:30 AM
Q2FY22 total merchandise exports to grow 33%: India Exim Bank India's total merchandise exports are expected to grow by 33 per cent during the second quarter of FY22, the Export-Import Bank of India said on Friday. Accordingly, India Exim Bank forecast total merchandise exports in Q2FY22 to grow to $98.45 billion from $74.02 billion reported for the corresponding quarter of the previous financial year. Besides, non-oil exports are expected to rise 28.3 per cent to $85.63 billion, as compared to $66.73 billion reported for the corresponding qua...
Q2FY22 total merchandise exports to grow 33%: India Exim Bank
Q2FY22 total merchandise exports to grow 33%: India Exim Bank
Source: IANS
10/09/2021 4:30:27 PM
India's merchandise exports to touch $98 billion during Q2 of FY22 Export-Import Bank of India (India Exim Bank) on Friday said it forecasts India's total merchandise exports to $98.45 billion for the second quarter of FY22. According to India Exim Bank, India's merchandise exports during the second quarter of FY22 is expected to be $98.45 billion and non-oil exports to be $85.63 billion as against $74.02 billion and $66.73 billion respectively logged during the previous year corresponding period. The rise in India's exports could be attrib...
India's merchandise exports to touch $98 billion during Q2 of FY22
India's merchandise exports to touch $98 billion during Q2 of FY22
Source: IANS
10/09/2021 1:56:50 PM
Exim Bank extends LoC of $108.28 million to Swaziland Export-Import Bank of India (Exim Bank) has, on behalf of the Government of India, extended Line of Credit (LoC) of $108.28 million to the Government of the Kingdom of Eswatini (Swaziland) for construction of a new Parliament building in Eswatini. The LoC Agreement to this effect was signed through exchange between Nirmit Ved, General Manager, Exim Bank, and Neal H. Rijkenberg, Finance Minister, Government of the Kingdom of Eswatini (Swaziland). With the signing of the Agreement, Exim B...
Exim Bank extends LoC of $108.28 million to Swaziland
Exim Bank extends LoC of $108.28 million to Swaziland
Source: IANS
15/06/2021 1:58:32 PM
Exim Bank sees India's Q1 merchandise exports at $87.2bn Export-Import Bank of India (Exim Bank) has projected India's total merchandise exports for the first quarter of FY22 to reach $87.2 billion. It would be around 70 per cent higher than $51.3 billion during the same quarter last fiscal, Exim Bank said in a statement. Non-oil exports are likely to grow over 68 per cent on a year-on-year basis to $78.26 billion, compared to $46.4 billion during April-June, FY21. "The sharp rise in India's exports could be attributed largely...
Exim Bank sees India's Q1 merchandise exports at $87.2bn
Exim Bank sees India's Q1 merchandise exports at $87.2bn
Source: IANS
13/06/2021 4:55:33 PM
Exim Bank extends $7.35 mn line of credit to Nicaragua The Export-Import Bank of India (Exim Bank), on behalf of the Indian government, has extended Line of Credit of $7.35 million to the central American nation of Nicaragua for replacement and supply of equipment of the High Technology Centre of Hospital Antonio Lenin Fonseca in its capital Managua. The project, under the LOC, will facilitate improving the quality of life of patients and provide a modern hospital infrastructure in Nicaragua. It would also enable export of medical equipment fr...
Exim Bank extends $7.35 mn line of credit to Nicaragua
Exim Bank extends $7.35 mn line of credit to Nicaragua
Source: IANS
27/02/2021 9:24:18 AM