Exim Bank

  • Four deliverables expected at Durban BRICS Summit March 26, 2013

    Durban: Four concrete deliverables are expected at the 5th BRICS Summit at Durban March 26-26, 2013, that will take the process of the five-nation bloc forward to the next level, Indian officials said on Monday. Prime Minister Manmohan Singh, who arrived here on Monday evening, will join the leaders from Brazil,...
  • US: Exim sued for giving loan guarantee to AI February 20, 2012

    Washington: The US airline industry has sued the Export Import Bank (Exim) alleging that its financial support to Indian national carrier Air India, which itself is in deep red, will harm the American airlines. In a revised complaint filed before a US court on Friday last week, the Air Transport Association...
  • US airlines seek to block AI jet purchases November 17, 2011

    Washington: US airlines sought on Wednesday to block $3.4 billion in pending taxpayer-backed loan guarantees for Air India to buy Boeing Co jetliners. The Air Transport Association, the leading US trade group for major carriers, sought an injunction in US District Court for the District of Columbia to stop financing arranged...