User: ifinews Topic: IFIs
Category: ECAs :: Other ECAs
Last updated: Oct 05 2017 13:44 IST RSS 2.0
 
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Delhi-Mumbai Industrial Corridor: A tale of abandonments and delays 5.10.2017 All Economy & Policy Stories
Almost a decade after its launch, the project faces big challenges Almost a decade after its launch, the project faces big challenges
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Arun Jaitley to leave for Bangladesh on two-day official visit on Tuesday 2.10.2017 New Kerala: India News
New Delhi . Oct 2 : The Union Minister of Finance and Corporate Affairs, Arun Jaitley will arrive at Bangladesh's capital Dhaka on 3rd October on an official visit to have a bilateral meeting with the Finance Minister of Bangladesh, Mr Abul Maal A Muhith.
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Arun Jaitley to begin 2-day visit to Dhaka tomorrow 2.10.2017 All Current Affairs Stories
Finance Minister Arun Jaitley will begin a two-day visit to Dhaka from tomorrow during which a pact on bilateral investment promotion and protection is likely to be signed. Besides, "a Dollar Credit Line Agreement between the Government of the People's Republic of Bangladesh and Export- Import Bank of India (EXIM Bank) is likely to be signed for 3rd Line of Credit," an official statement said It did not provide details on the line of credit. On Wednesday, it said, a "Joint Interpretative Notes on the Agreement between India and Bangladesh for the Promotion and Protection of Investments" is likely to be signed. On his arrival in Dhaka tomorrow, Jaitley will deliver the inaugural address at the business meeting between Federation of Bangladesh Chambers of Commerce & Industry (FBCCI) and Federation of Indian Chambers of Commerce and Industry (Ficci). In the evening, he will attend a dinner hosted by the High Commissioner of India, HarshVardhan Shringla. On Wednesday, ..
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Foreign borrowings by Indian companies halve to $1.64 bn in Aug: RBI data 28.9.2017 Latest News
Indian Inc's foreign borrowings nearly halved to USD 1.64 billion in August this year, data from Reserve Bank showed today. It includes borrowings through external commercial borrowings (ECBs) and rupee denominated bonds (RDBs) -- which were halted briefly recently. Indian firms had borrowed USD 3.17 billion through ECBs in August 2016. There were no RDBs in the same period last year as the instrument was introduced in September. Of the total borrowings, more than USD 1.56 billion were in the form of external commercial borrowings. In a break-up, USD 1.54 billion were borrowed through automatic route and USD 23,635,295 million through approval route of ECBs. Rest of USD 78,163,593 million foreign borrowings during the month were through rupee denominated bonds, showed the data. Fullerton India Credit Co Ltd was the only company that used the RDB route to raise the fund. Among major borrowers using ECBs were Exim Bank of India USD 400 million for on-lending, Larsen
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Cabinet approves signing of Inter-bank Local Currency Credit Line Agreement 27.9.2017 New Kerala: Business India
New Delhi : The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the signing of the (i) Interbank Local Currency Credit Line Agreement and (ii) Cooperation Memorandum Relating to Credit Ratings by Exim Bank with participating member banks under BRICS Interbank Cooperation Mechanism.
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Cabinet gives nod for pacts by Exim Bank under BRICS mechanism 27.9.2017 ET: Policy
At an appropriate time, Exim Bank, leveraging this umbrella agreement, could enter bilateral agreement with any of these member institutions to raise resources for its business, it said.
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Cabinet okays EXIM Bank's credit extension in local currency under BRICS 27.9.2017 All Current Affairs Stories
Exim Bank finances, facilitates and promotes India's international trade
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Cabinet approves signing of agreements with BRICS nations 27.9.2017 All News-IANS Stories
The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the signing of two agreements to promote multilateral interactions to deepen political and economic relations with BRICS nations.
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Cabinet approves signing of (i) Inter-bank Local Currency Credit Line Agreement and (ii) Cooperation Memorandum relating to Credit Ratings by EDIM Bank under BRICS Interbank Cooperation mechanism 27.9.2017 Govt of india: PIB
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the signing of the (i) Interbank Local Currency Credit Line Agreement and (ii) Cooperation Memorandum Relating to Credit Ratings by Exim Bank
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Japan to fund mass rapid transit systems in Gujarat, Haryana 23.9.2017 Hindu: National
$4.5 billion soft loan from Japan International Cooperation Agency to boost $100 bn Delhi-Mumbai Industrial Corridor project.
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'Expect Iran letter to EXIM Bank soon on Chabahar $150mn loan' 21.9.2017 ET: Foreign Trade
Ownership of the equipment will be transferred to the Iranian side on completion of 10 years or for an extended period, based on mutual agreement.
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Expect Iran letter to EXIM Bank soon on Chabahar $150 mn loan: Sources 21.9.2017 Latest News
The project will significantly enhance the opportunity for trade and business among the nations
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BRICS development banks agree on local currency lending 2.9.2017 All News-IANS Stories
Five banks of the BRICS Interbank Cooperation Mechanism (ICM) have agreed to establish local currency credit lines and develop cooperation on credit ratings in the run-up to the forthcoming BRICS summit in China, according to one of the signatory banks on Saturday.
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Côte d'Ivoire to host forum on women economic empowerment 24.8.2017 All News-IANS Stories
Abidjan, Aug 24 (IANS/MAP) The African Initiative Women Foundation (AIWF) is organising a two-day forum on the issue of women's economic empowerment here on August 29 and 30.
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Hambantota: China has seaport in Sri Lanka, India may get an airport 22.8.2017 South Asia News Headlines, Latest South East Asia News and Live Updates - Times of India
The loss-making Mattala Rajapaksa International Airport (MRIA) in Hambantota built by China could now be handed over to India, allowing Colombo to pay back dues to China’s EXIM Bank.
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Exclusive: Lenders, auditors raise red flags at Chilean hydro project 21.8.2017 Sify Finance
By Gram Slattery
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I Squared Capital targets raising up to $6.5 bln in new fund-sources 8.8.2017 TOI: Intl Business
ISQUARED-FUND/ (CORRECTED):CORRECTED-I Squared Capital targets raising up to $6.5 bln in new fund-sources
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India and Iran reiterate their commitment for early operationalization of Chabahar Port 8.8.2017 New Kerala: India News
New Delhi, Aug 7: Shri Nitin Gadkari, Minister for Shipping and Road Transport and Highways returned to India yesterday after a two day visit to Tehran.
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India, Iran for early operationalisation of Chabahar Port 7.8.2017 deccanherald.com
India and Iran have expressed commitment for early completion and operationalisation of Chabahar Port besides strengthening bilateral ties. Road Transport, Highways and Shipping Minister Nitin Gadkari was on a two-day visit to Tehran on August 5 and 6 to represent India at the inauguration and oath taking ceremony of Hassan Rouhani as the President of Iran for a second term where he also held discussions with Iranian officials on wide ranging issues including Chabahar Port and proposed rail link between Chabahar and Zahedan. "In the meetings, both sides positively assessed the progress in implementation of the decisions taken during the Indian Prime Minister's visit to Iran last year, including the progress of Chabahar Port. Both sides reiterated their commitment to complete and operationalize the port at the earliest," Ministry of Shipping said in a statement today. Besides meeting Rouhani, Gadkari also called on the first Vice President E Jahangiri and highlighted the issue of activation of contract of ...
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Exim Bank's USD debt programme carries moderate risk: Moody's 7.8.2017 ET: Banking
The rating outlook is positive for the proposed USD denominated senior unsecured notes issued by Export-Import Bank of India (Exim Bank).
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