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Exim Bank to raise USD 3 bn from overseas markets this fiscal

Exim Bank to raise USD 3 bn from overseas markets this fiscal

Monday, April 3, 2017, 9:59 AM

Exim Bank plans to raise up to USD 3 billion from overseas markets this fiscal. "We would be looking to raise between USD 2.5-3 billion in the current fiscal year. Exim Bank Managing Director David Rasquinha said. In 2016-17, the bank raised more than USD 2 billion from markets abroad, he said. Depending upon market conditions, Exim Bank borrows money tapping overseas resources.
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