In a significant financial development, Export-Import Bank of India (EXIM Bank) has presented a dividend cheque of ₹325 crore to Smt. Nirmala Sitharaman, the Union Minister for Finance and Corporate Affairs, for the fiscal year 2024-25.
The cheque was handed over by Smt. Harsha Bangari, Managing Director of India Exim Bank, reaffirming the institution’s commitment to financial prudence, profitability, and support for India’s global trade and development finance objectives.
Strengthening India’s Financial Backbone
As a premier export credit agency, Exim Bank plays a vital role in enhancing India’s international trade competitiveness. The dividend payout is reflective of the bank’s consistent performance and its role in aiding the country’s economic diplomacy through structured finance, project exports, and development initiatives across Asia, Africa, and Latin America.
The Ministry of Finance has appreciated the continued commitment of public sector banks and financial institutions in delivering value to the nation, both in terms of financial contributions and their strategic roles in key sectors.
This substantial dividend follows Exim Bank’s broader mission of strengthening India’s external sector and enhancing the global footprint of Indian businesses.
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