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Export-Import Bank of India Act, 1981

Contents
Sections Particulars
Chapter I Preliminary
1 Short title, extent and commencement
2 Definitions
Chapter II Establishment of the Export-Import Bank of India and Incorporation Thereof
3 Establishment and incorporation of Export-Import Bank of India
4 Authorised capital
Chapter III Management of the Exim Bank
5 Management
6 Constitution of Board
7 Committees
8 Fees and allowances of directors and members of Committees
9 Disqualifications
Chapter IV Business of the Exim Bank
10 Business of Exim Bank
Chapter V 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
Chapter VI 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
Chapter VII 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
Chapter VIII Transfer of Part of Business of Development Bank
26 Transfer of part of business of Development Bank
Chapter IX 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 directors
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 Act 43 of 1961 and Act 7 of 1964 not to apply to Exim Bank
38 Liquidation of Exim Bank
39 Power to make regulations
40 Amendment of certain enactments
41 Power to remove difficulty


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