Comments
Exim Bank has paid Rs 433 crore to the central government towards balance of net profit transferred to the central exchequer for 2014-15.
The RTGS receipt for this amount was handed over to the Union Finance Minister Arun Jaitley by Exim Bank's Chairman and Managing Director Yaduvendra Mathur at North Block in the capital.
For the financial year 2014-15, Exim Bank had reported a net profit of Rs 726 crore.
In the last five years, Exim Bank --which is wholly owned by the Central government--had transferred Rs 1,425 crore as balance of net profit to the Central Government.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.