EXIM Bank - Export-Import Bank Exim Bank was established by | UPSC_Prelims_Mains_IAS_Notes
EXIM Bank - Export-Import Bank
Exim Bank was established by the Government of India, under the Export-Import Bank of India Act, 1981 as a purveyor of export credit, mirroring global Export Credit Agencies.
Exim Bank serves as a growth engine for industries and SMEs through a wide range of products and services.
This includes import of technology and export product development, export production, export marketing, pre-shipment and post-shipment and overseas investment.
EXIM Bank has laid strong emphasis on enhancing project exports, the funding options for which have been enhanced with the introduction of the Buyer's Credit-National Export Insurance Account (BC-NEIA) program
