India's Exim Bank plans to raise 4.5 bln rupees via bonds

Source : REUTERS
Last Updated: Wed, Feb 27, 2013 09:14 hrs
An employee counts Indian rupee notes at a cash counter inside a bank in Agartala

India's Exim Bank plans to raise 4.5 billion rupees ($83.1 million) via three-year bonds with a 1-year 1-day put/call option at 9.05 percent, a source with knowledge of the deal said on Wednesday.

Axis Bank and Deutsche Bank are the arrangers to the deal, the source said.


More from Sify: