Exim Bank to raise $3 billion through bond issues
A bulk of the issuances will be in the global market linked to US dollar, the most convertible currency, he said, adding that 80 per cent of its balance sheet is in USD at present
PTI | January 24, 2021 | Updated 14:57 IST
Export-Import (Exim) Bank of India is looking to raise up to USD 3 billion through bond issues in 2021-22 and will be looking to raise more funds under the socially responsible notes category in the next fiscal, a top official has said.
The pandemic is a blip which will slow down balance sheet expansion as the global trade slows down and developmental projects financed by the policy bank also take a backseat, its managing director David Rasquinha said.