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The Export-Import Bank of India Act `1981

An Act to establish a corporation to be known as the Export-Import Bank of India for providing financial assistance to exporters and importers, and for functioning as the principal financial institution for co-ordinating the working of institutions engaged in financing export and import of goods and services with a view to promoting the country s international trade and for matters connected therewith or incidental thereto.
1981
List of Chapters & Sections

  1. PRELIMINARY

  2. 1
     Short title, extent and commencement
  3. 2
     Definitions

  • ESTABLISHMENT OF THE EXPORT-IMPORT BANK OF INDIA AND INCORPORATION THEREOF

  • 3
     Establishment and incorporation of Export-Import Bank of India
  • 4
     Authorised capital

  • MANGAEMENT OF THE EXIM BANK

  • 5
     Management
  • 6
     Constitution of Board
  • 7
     Committees
  • 8
     Fees and allowances of directors and members of Committees
  • 9
     Disqualifications

  • BUSINESS OF THE EXIM BANK

  • 10
     Business of Exim Bank

  • RESOURCES OF THE EXIM BANK

  • 11
     Loans by Central Government
  • 12
     Borrowings and acceptance of deposits by Exim Bank
  • 13
     Loans in foreign currency
  • 14
     Grants, donations, etc., to Exim Bank

  • EXPORT DEVELOPMENT FUND

  • 15
     Export Development Fund
  • 16
     Credits to Export Development Fund
  • 17
     Utilisation of Export Development Fund
  • 18
     Debits to Export Development Fund
  • 19
     Accounts and audit of Export Development Fund
  • 20
     Liquidation of Export Development Fund

  • GENERAL FUND, ACCOUNTS AND AUDIT

  • 21
     General Fund
  • 22
     Preparation of accounts and balance-sheet
  • 23
     Disposal of Profits accruing to General Fund
  • 24
     Audit
  • 25
     Saving

  • TRANSFER OF PART OF BUSINESS OF DEVELOPMENT BANK

  • 26
     Transfer of part of business of Development Bank

  • MISCELLANEOUS

  • 27
     Staff of Exim Bank
  • 28
     Delegation of powers
  • 29
     Returns
  • 30
     Obligation as to fidelity and secrecy
  • 31
     Defects in appointments not to invalidate acts, etc
  • 32
     Arrangement with Exim Bank on appointment of directors to prevail
  • 33
     Indemnity of director
  • 34
     Protection of action taken in good faith
  • 35
     Act 18 of 1891 to apply in relation to Exim Bank
  • 36
     Section 34A and section 36AD only of Act 10 of 1949 to apply to Exim Bank
  • 37
     Omitted
  • 38
     Liquidation of Exim Bank
  • 39
     Power to make regulations
  • 40
     REPEALED
  • 41
     Power to remove difficulty