Published On:November 5 2014
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Exim Bank eyes opening special window to fund infra projects in SAARC region.
Taking forward the proposal for a SAARC Development Bank, India is examining the feasibility of creating a special window within the Exim Bank of India dedicated to funding infrastructure development in South Asia.
'The Finance Ministry has asked the Exim Bank to have a study done on whether a separate special window can be created (in the bank ) dedicated to South Asia to do multilateral funding,' a Government official told BusinessLine. It is one of the options being looked at, he added.
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