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Subsidiary of EXIM Bank and data embassies at GIFT City in Gujarat
- Union Finance Minister Nirmala Sitharaman 2nd February 2023 announced the setting up of a subsidiary of EXIM Bank and data embassies at GIFT City in Gujarat. Move will “enhance business activities” at GIFT IFSC.
- Mrs. Sitharaman also announced to establish a subsidiary of EXIM Bank for trade refinancing is also expected to benefit GIFT City.