The Export-Import Bank of India (Exim Bank) has extended a line of credit (LoC) of USD 500 million to Sri Lanka on behalf of the Government of India on February 03, 2022. The fund will be used by the Island nation for the purchase of petroleum products. With the signing of the LOC agreement for ...

The government has appointed Harsha Bhupendra Bangari as the managing director (MD) of the Export-Import Bank of India (EXIM Bank). She will serve as MD of Exim bank for a period of three years or until further orders of the government.Bangari will take place of MD David Rasquinha, who was ...