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Export and Import Bank of India will tap domestic market for raising Rs 2000 cr through bonds from domestic market by March 06 to step up export finance. The amount is part of the Rs 3,500 cr loan - raising plan of the bank. It will raise Rs 8,000 cr this year, out of which Rs 4,300 cr in foreign currencies and Rs 3,500 cr in Indian currency. The bank has already raised $100 m from overseas market. The loans to be raised in tranches, will be of various maturities ranging from 1-10 yrs.
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| Posted : 9/13/2005 |
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