Ex-post-facto approval to capital infusion made in Export Import Bank of India (EXIM BANK)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Ex-post-facto approval to capital infusion made in Export Import Bank of India (EXIM BANK)
News and Press Release
Dated:- 9-9-2015

The Union Cabinet chaired by the Prime Minister, Shri N .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... arendra Modi, today gave its ex-post-facto approval to the capital infusion made in the Export Import Bank of India (EXIM Bank) of ₹ 800 crore, as approved in the Demands for Grants and consente .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d to by the Finance Minister to support the future growth of the Bank. Background: The EXIM Bank was set up as a statutory Corporation in 1982 under the Export Import Bank of India Act, 1981 for pro .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... viding financial assistance to exporters and importers, and for functioning as principal financial institution for coordinating the working of institutions, engaged in financing export and import of g .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... oods and services. This was with a view to promote the country's international trade and matters connected therewith or incidental thereto.
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X