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Exim Bank to get Rs 700 cr capital infusion
September 14, 2013September 14, 2013by In Infrastructure Finance

Exim Bank to get Rs 700 cr capital infusion

To give a fillip to the future growth the lender bank Export-Import Bank of India, the Union government on September 12 approved a proposal of Rs 700 crore capital infusion. The fund infusion will ensure compliance to the regulatory norms on capital adequacy, cater to the credit needs of productive sectors of economy as well as to withstand impact of stress in the economy, an official statement said in Delhi.