When was EXIM bank established?

Q.  EXIM bank was established in the year?
- Published on 16 Feb 17

a. 1957
b. 1992
c. 1982
d. 1981

ANSWER: 1982
 
Export–Import Bank of India (EXIM) is the premier export finance institution in India, established in 1982 under Export-Import Bank of India Act 1981.

Organization Structure

Exim Bank is managed by a Board of Directors, which has representatives from the Government, Reserve Bank of India, Export Credit Guarantee Corporation of India, a financial institution, public sector banks, and the business community.

Functions

The Bank's functions are segmented into several operating groups -
  • Corporate Banking Group
  • Project Finance/Trade Finance Group
  • Small and Medium Enterprise
  • Export Services Group
  • Export Marketing Services
  • Support Services Group
EXIM - Export-Import Bank of India

Founded : 1982
Headquarter : Mumbai, India
Current Head : Yaduvendra Mathur (Chairman & MD)

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