Tag: HDFC Bank

Exim bank. Photo: Company website Export lender India Exim Bank is looking to raise up to $1 billion in this financial year (FY24) for commercial lending and country credit lines. It follows the $1 billion raised by State Bank of India in January and HDFC Bank’s $750 million offerings earlier this month. “The liquidity is comfortable in the international market and the conditions are better for Indian entities than a few months ago in terms of raising resources,” Harsha Bangari, managing director of India Exim Bank, told Business Standard. The government-owned export credit institution raised $1.5 billion till December 2023 through various instruments. It includes $750 million raised in the third quarter of the current financial year using the External Com...