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Exim Bank's Profit Grows 10.8%; PAT Stands At Rs 738 Crore
The operating profit of Exim Bank FY22 stands at Rs 3,130 crore while the PAT grew to Rs 738 crore
Photo Credit :
India Exim Bank’s Managing Director, Harsha Bangari, and Deputy Managing Director, N Ramesh, announced the Bank’s results for the financial year 2021-22 on Thursday.
The operating profit of Exim Bank FY22 stands at Rs 3,130 crore while the PAT grew to Rs 738 crore.
During FY 2021-22, Exim Bank on behalf of the Government of India sanctioned six Lines of Credit, aggregating USD 1.13 billion, to support export of projects, goods, and services from India.
Exim Bank raised foreign currency resources aggregating USD 2.05 billion equivalent, through a variety of instruments and rupee resources aggregating Rs 19,046 crore, in FY 2021-22.