Latest news with #Export-ImportBankofIndia
Time of India
a day ago
- Business
- Time of India
India Exim Bank projects merchandise exports to amount to USD 108.1 bn in Q2 of FY26
New Delhi, Export-Import Bank of India ( India Exim Bank ) forecasts total merchandise exports to amount to USD 108.1 billion, a growth of 4.5 per cent, while non-oil exports are forecast to amount USD 92.1 billion, with a growth of 5.2 per cent, during July-September of FY26. Independence Day 2025 Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji gave India its own currency Swadeshi 2.0: India is no longer just a market, it's a maker Non-oil and non-gems and jewellery exports are forecast to amount USD 82.7 billion, with a year-on-year growth of 2.3 per cent, during the second quarter, India Exim Bank said in a statement. Growth in India's exports could be as a result of base effect, along with expected continued buoyancy in manufacturing activity supported by increased capacity utilisation and congenial financial conditions, favourable prospects of current trade negotiations with several countries, and an expansionary monetary policy in India, it said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Could Be the Best Time to Trade Gold in 5 Years IC Markets Learn More Undo The outlook is, however, subject to risks of higher tariffs and global trade policy uncertainty affecting global demand, rising geo-economic fragmentation and persisting geo-political tensions, it said. Forecast of growth in India's total merchandise exports, non-oil exports, non-gems and jewellery exports are released by Exim Bank on a quarterly basis, during the first fortnight of the months of May, August, November, and February for the corresponding quarters, based on its Export Leading Index (ELI) model, it said. Live Events The next growth forecast for India's exports for the third quarter of FY26 (October-December 2025) would be released during the first fortnight of November 2025, it added.
Business Standard
30-07-2025
- Business
- Business Standard
Board of Anupam Rasayan approves issuance of corporate guarantee of USD 17 million
At meeting held on 30 July 2025 The Board of Anupam Rasayan India at its meeting held on 30 July 2025 has approved to provide the corporate guarantee in favour of Export-Import Bank of India for securing the credit facility amounting to USD 17 Million being availed by Anupam General Trading FZE, a wholly-owned subsidiary of the Company.
Business Standard
10-05-2025
- Business
- Business Standard
Export-Import Bank of India standalone net profit rises 114.83% in the March 2025 quarter
Total Operating Income rise 30.62% to Rs 5383.95 crore Net profit of Export-Import Bank of India rose 114.83% to Rs 1820.91 crore in the quarter ended March 2025 as against Rs 847.60 crore during the previous quarter ended March 2024. Total Operating Income rose 30.62% to Rs 5383.95 crore in the quarter ended March 2025 as against Rs 4121.73 crore during the previous quarter ended March 2024. For the full year,net profit rose 28.76% to Rs 3243.15 crore in the year ended March 2025 as against Rs 2518.67 crore during the previous year ended March 2024. Total Operating Income rose 22.97% to Rs 18325.50 crore in the year ended March 2025 as against Rs 14902.39 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Total Operating Income 5383.954121.73 31 18325.5014902.39 23 OPM % 111.3094.80 - 100.3794.88 - PBDT 2396.751118.89 114 4297.263336.54 29 PBT 2396.751118.89 114 4297.263336.54 29 NP 1820.91847.60 115 3243.152518.67 29
The Star
07-05-2025
- Business
- The Star
Zambia signs agreement with Indian bank on debt restructuring
LUSAKA, May 7 (Xinhua) -- Zambia on Wednesday signed a bilateral agreement with the Export-Import Bank of India (Exim Bank) for the restructuring of its debt. The agreement covers about 320 million U.S. dollars of central government debt and an additional 15 million dollars owed by Zesco Limited, the state-owned power utility. Minister of Finance and National Planning Situmbeko Musokotwane said the signing marks a milestone in Zambia's ongoing debt restructuring efforts under the G20 Common Framework, which aims to restore debt sustainability and create fiscal space for national development. He said that the debt has been restructured on favorable terms, as outlined in the memorandum of understanding under the G20 Common Framework. "This agreement not only reaffirms our strong bilateral ties but also demonstrates our shared commitment to ensuring a sustainable financial future for Zambia," Musokotwane said during the signing ceremony. He commended the Exim Bank for its continued support throughout the process, saying that the agreement reflects Zambia's success in engaging its creditors in a transparent and collaborative manner. The signing is a vote of confidence in Zambia's economic reforms, Musokotwane said, adding that the agreed terms are designed to support the country's economic recovery, ease debt servicing pressures, and allow the government to redirect resources to priority sectors.
