EXIM BANK

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Context

• EXIM data has been revised. India’s trade deficit has narrowed by $10 billion.

About

• Export-Import Bank of India (Exim Bank), set up under an Act of Parliament, is the apex financial institution engaged in financing, facilitating and promoting India’s International trade and investment.
• Established in 1982, Export-Import Bank of India is a wholly owned Govt. of India entity. HQ : New Delhi
• The Bank operates a variety of financing programs and provides advisory and support services to facilitate two-way transfer of technology, trade and investment.

https://www.thehindu.com/business/Economy/exim-data-revised-trade-deficit-narrows-by-10-billion/article66421108.ece