 "cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings")
Export-Import Bank of India (India EXIM Bank) plans to raise $2 billion by end of CY20, for lending and managing repayments.
Managing Director David Rasquinha said the bank has enough resources to repay bonds ($500 million) maturing in August. Further, it will tap the international market H2FY21 for raising additional funds to facilitate long-term lending. India EXIM Bank, fully owned by the Union government, reported a 51 per cent rise in profit to Rs 124 crore for FY20. Its loan portfolio rose 6.23 per cent to Rs 99,446 crore in March 2020. Capital adequacy ratio improved 106 basis points (bps) to
