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Credit Portfolio Growth of 10-15% Expected by Exim Bank
August 12, 2018
Export Import Bank of India (Exim Bank) said that in its line of credit (LOC) portfolio, it expects a growth of 10-15% in the current financial year. In the previous financial year, it offered 12 LOCs amounting to 6.11 billion US Dollars for the growth of goods, services, and projects from India.
Exim Bank’s Managing Director David Rasquinha said by the end of July this year, the bank had 262 LOCs that covered countries in Latin America, Asia, and Africa.
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