Union Cabinet today gave its ex-post-facto approval to the capital infusion made in the Export Import Bank of India (EXIM Bank) of 800 crore rupees to support the future growth of the Bank. An official release said, the Bank was set up as a statutory Corporation in 1982 for providing financial assistance to exporters and importers. It said, this was with a view to promote the country’s international trade.
The Real Voice of India