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Sitharaman to launch Ubharte Sitaare Fund for export-oriented firms, startups on Aug 21

Exim Bank FY21 results: Net profit jumps to Rs 254 cr as NPAs drop

Exim Bank FY21 results: Net profit jumps to Rs 254 cr as NPAs drop SECTIONS Last Updated: May 21, 2021, 08:11 PM IST Share Synopsis The city-headquartered bank, a development finance institution run by the central government to support its diplomacy efforts, had reported a profit of Rs 124 crore in the year-ago period. iStock The bank is cautiously optimistic about growth in FY22, and is aspiring to grow its book by 7-12 per cent on a currency neutral perspective. Related NSE Explore Now MUMBAI: Export Import (Exim) Bank of India on Friday reported more than doubling of its FY21 net profit to Rs 254 crore as bad loans dipped and said it is cautiously optimistic about growth this fiscal.

India Becoming Economic Partner of MENA Region

The MENA region has traditionally been governed by the fact that the region has been a critical source of energy. Unsplash India is positioning itself as an economic partner by investments in the Middle East and North Africa (MENA) region, said a senior official of Export-Import Bank of India (India Exim Bank) on Friday. In his address at the India-Morocco Business Forum, the bank’s Deputy Managing Director Harsha Bangari said that India’s trade with the MENA region has traditionally been governed by the fact that the region has been a critical source of energy. “India is now increasingly positioning itself as an economic partner through increased investments in the region,” she said.

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