Export-Import Bank of India Current Affairs, GK & 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 ..

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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 ..

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