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Government approves Capital Infusion to the Exim Bank

The Union Cabinet headed by Prime Minister Narendra Modi has approved a capital infusion of Rs 6,000 crore in state-owned Export-Import Bank of India (Exim) to expand its business. How the capital infusion would be made? Key facts about the capital infusion proposal are: The government would issue recapitalisation bonds to the tune of Rs 6,000 ..