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● The Export Import Bank of India was established in 1982 under Export Import Bank of India Act. It promotes cross border trade and investment.
● Its main objective is to provide financial assistance to promote Indian exports, It is premier export finance institution of India and The Bank aids is helping Indian firms in their globalization efforts.
● Recetnly, Exim Bank on Behalf Of The Government Of India, Extends A Line Of Credit [Loc] Of Usd 30 Million To The Government Of The Republic Of Sierra Leone.