MUMBAI, March 24 (Reuters) - Export-Import Bank of India
(EXIM) plans to raise funds by selling commercial papers
maturing in three months, three merchant bankers said on Friday.
The state-run export finance company will offer a yield of
7.40% on the issue and has received commitments worth around
12.50 billion Indian rupees ($151.75 million) so far, the
bankers said.
The notes are rated A1+ by CRISIL.
($1 = 82.3700 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Vinay Dwivedi)
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