Act Number: 28

Act Name: The Export-Import Bank of India Act, 1981

Year: 1981

Enactment Date: 1981-09-11

Long Title: 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.

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 22: Preparation of accounts and balance-sheet.
    (1) The balance-sheet and accounts of the Exim Bank shall be prepared in such form and manner as may be prescribed.
     (2) The Board shall cause the books and accounts of the Exim Bank to be closed and balanced as on the 31st day of December each year.
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