EXIM BANK
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Context
- EXIM data has been revised. India’s trade deficit has narrowed by $10 billion.
About
- Export-Import Bank of India (Exim Bank), set up under an Act of Parliament, is the apex financial institution engaged in financing, facilitating and promoting India’s International trade and investment.
- Established in 1982, Export-Import Bank of India is a wholly owned Govt. of India entity. HQ : New Delhi
- The Bank operates a variety of financing programs and provides advisory and support services to facilitate two-way transfer of technology, trade and investment.