Exim Bank raises about Rs. 6,700 crore from overseas bonds

According to the reporters, an announcement of raising of $1 billion (about Rs 6,700 crore) by selling bonds to overseas investors had been announced by the export import bank of India.

A new proactive marketing strategy has been needed by the Thailand to revive the export sector, which has contracted for three consecutive years, and the only answer would be a “Thailand Team”.

Bank of Thailand`s newly appointed President Pisit Serewiwattana had floated the proposal. He said in an interview which was held last week, that Thai agencies could not keep on performing their tasks separately as they have been doing, given the fragile demand in conventional export markets.

He said, “We are selling rice to Mozambique and several small countries. If those countries` central banks issue letters of credit that say the payment would be completed in 20 years, Exim is ready to guarantee the payments, but it is the Commerce Ministry`s decision whether or not to say yes to this deal.”

He added that if they had something like a one stop shop deal with it, this process could be faster. He said that they would need to clinch more deals like this.

About The Author

David Nataf started his career as co-founder of Net Development, a leading French web integrators, employing 80 people. After the merger of Net Development with Reef publisher, David joined the law firm, Jean-Pierre Millet, with the defense of computer attackers and victimes specialty ("hackers") in cases between different organizations such as NSA or other members of the international interception 'Echelon' network from the UKUSA treaty or the US Air Force. He is the author of several books on information warfare, consultant for the European Parliament as an expert in computer security (SSI) and electromagnetic signals intelligence (SIGINT). David Nataf successively launched several start-ups of the Internet in the field of paperless technologies termination of contracts online ("resilier.com"); online subscription to early stage fundraising foreshadowing the model will retain more later the platform "gust.com", or free roaming mobile operators (MVNO). Given his specialty at the cross road of anti computer crime legal advising, Internet technology, media and anti-propaganda operations, David has naturally become an actor's influence on the Web, working for a think-tank representing french defense and Aerospace. He is architecting crypto farms and masternodes for cryptocurrencies in Asia and Israel technological parks. He graduated in Law from the Faculty of Paris, is a passionate graduated gemologist by Gemological Institute of America "GG", Gemmological Association of Great Britain "Cert-Ga", practical daily triathlon.

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