Export-Import Bank of India or EXIM Bank of India is the premier export finance institution of India. EXIM Bank was set up in 1982 under the Export-Import Bank of India Act 1981. The main objective behind the formation of EXIM bank is to enhance countries exports from India and to integrate the country’s foreign trade and investment with the overall economic growth.
Important Points about EXIM Bank:
- Export-Import Bank of India was established on 1982.
- Export-Import Bank of India was set up under the Export-Import Bank of India Act 1981.
- Headquarters of EXIM Bank is at Mumbai, India
- Chairman and Managing Director (CMD) of EXIM bank