Page-2 of Exim Bank
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 ..
New Policy for Overseas Borrowings
The Reserve Bank has come out with a new policy for overseas borrowings. The RBI has rationalized the earlier policy in consultation with the Government of India. Features of the New Overseas Borrowing Policy The features of the new policy ..
Month: Current Affairs - February, 2019
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 ..
Month: Current Affairs - January, 2019
Cabinet approves MoU between EXIM Bank and BRICS banks for blockchain research
Union Cabinet has approved MoU signed between Export-Import Bank of India (Exim Bank) and member banks under BRICS Interbank Cooperation Mechanism on Collaborative Research on Distributed Ledger and Block chain Technology in context of development of digital economy. Key Facts ..
Month: Current Affairs - September, 2018
Cabinet approves Extension of Concessional Financing Scheme
Union Cabinet has approved first extension of Concessional Financing Scheme (CFS) for another five years from 2018 to 2023 to support Indian Entities bidding for strategically important infrastructure projects abroad. The scheme also has been liberalized, allowing any Indian company, ..
Month: Current Affairs - August, 2018
EXIM Bank extends $4.5 billion loan to Bangladesh for social, infrastructure projects
The Export-Import Bank of India (Exim Bank) will provide loans worth about US $4.5 billion (Rs 29,200 crore) to Bangladesh for financing of various social and infrastructure projects. In this regard, Exim Bank has entered into agreement with Bangladesh Government ..
Month: Current Affairs - April, 2018
Exim Bank extends $500 million loan facility to 15-nation ECOWAS
The Export-Import Bank of India (Exim Bank) has inked line of credit (LoC) agreement with Bank for Investment and Development (EBID) to provide US $500 million credit facility to fund various development projects in 15-member countries of Economic Community of ..
Month: Current Affairs - March, 2018
Cabinet approves pacts signed by Exim Bank under BRICS mechanism
The Cabinet has approved signing of Interbank Local Currency Credit Line Agreement and Cooperation Memorandum relating to Credit Ratings by Exim Bank with member banks under BRICS Interbank Cooperation Mechanism. These agreements were highlighted in BRICS Leaders Xiamen Declaration adopted ..
Month: Current Affairs - September, 2017
India, Bangladesh sign $2 billion Line of Credit
India has signed the second line of credit (LOC) agreement extending 2 billion dollars in development financing to Bangladesh for undertaking various development projects. This credit line will be provided through Export Import Bank of India (Exim Bank), India’s external ..
Month: Current Affairs - March, 2016
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 ..
Month: Current Affairs - July, 2012
Category: Government Schemes Current Affairs