Govt to infuse â¹6,000 crore in Export-Import Bank of India
The government on Wednesday decided to recapitalise state-owned Export-Import Bank of India (Exim Bank) to the tune of â¹6,000 crore. It also approved an increase in the authorised capital of the bank from â¹10,000 crore to â¹20,000 crore. Exim Bank is the principal export credit agency of the country set up for financing, facilitating and promoting India's international trade.