Mumbai - Export Import Bank of India has stepped up financial support for exporters reeling under steep U.S. tariffs, while simultaneously pushing to redirect trade toward emerging markets, particularly in Africa.
The state-owned lender, which provides export financing and guarantees to overseas buyers of Indian goods, has eased risk ceilings for nearly a quarter of its global partner banks, according to deputy managing director Tarun Sharma. “Wherever exporters need enhanced limits, we are working to ensure they get them,” Sharma said, noting that Export Import Bank of India maintains tie-ups with over 100 foreign banks . . .
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