Exim Bank: GK, Current Affairs, Questions, Trivia and News

EXIM Bank extends Rs 250 Crore LOC to Suriname

The Mumbai headquartered Export-Import Bank of India (EXIM Bank) on Wednesday, 22nd January 2020, on behalf of the Government of India has extended a Line of Credit (LOC) of Rs 250 crore (USD 35.80 million) to the South American country, Republic of Suriname. The LOC was provided to fund the rural electrification system through Solar ..

USD 500 million Line of credit to Bangladesh for Defence Procurement

Export and Import Bank of India (EXIM) has entered into an agreement with Bangladesh’s Armed Forces Division on 11th April this year for making a Government of India supported USD 500 million Line of Credit for Defence Procurements. The agreement under the Line of Credit is effective from the 7th of November 2019, with the ..

India – Comoros Relations

The diplomatic relations between India and Comoros was established in the year 1976. Comor0s became independent from French rule in 1975. The mission in Antananarivo is accredited to Comoros currently. There is no Comoros mission in India. However, the countries have close and friendly relations. They have similarities in global and regional issues. In 2013 ..

New Delhi hosted the 14th CII-EXIM Bank Conclave

14th CII-EXIM Bank Conclave on India-Africa Project Partnership concluded in New Delhi. Ministry of Commerce in association with Confederation of Indian Industry and EXIM Bank of India has organized this 3-day conclave addressing the session. This conclave has marked the pre-eminence of India-Africa partnership in the realm of South – South Cooperation at a time ..

Ministry of Commerce & Industry organizes 14th CII-EXIM Bank Conclave on India-Africa Project Partnership

The 14th CII-EXIM Bank Conclave on India-Africa Project Partnerships will be held in New Delhi from March 17-19, 2019. It is being organized by Ministry of Commerce & Industry in association with Confederation of Indian Industry and EXIM Bank of India. The event will mark the deepening of India-Africa economic and business ties and pave ..

Rs 2,000-cr pharma research fund : Exim Bank

The Export Import Bank of India (Exim Bank) will utilize Rs 2,000-crore fund in research activities for the pharma sector. It is being done to increase exposure in research and development. The fund has been allocated by the Commerce Ministry for the pharma sector. Exim Bank is looking for government contribution in this fund to ..

Government rejects Fitch ratings

Lashing out at global rating agencies for reducing credit outlook of Indian banks, the government held these bodies are fully capitalized and there is nothing to worry about them. Finance Minister Pranab ruled out the Fitch revision enunciating that the rating was based on "older data" as it disregarded recent positive trends. Fitch modified downward ..