07 January 2021 Current Affairs:
The Export-Import Bank has raised US$1 billion through the sale of US dollar bonds to international investors.
Exim Bank:
♦ The Export-Import Bank of India is a specialized financial institution wholly-owned by the Indian government and was established in 1982 to provide financing, facilitation and promotion of trade in India.
♦ The Export-Import Bank provides financial assistance to exporters and importers.
♦ It is the main financial institution responsible for coordinating the work of institutions engaged in financing the import & export of goods and services to promote international trade in the country.
