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Cabinet approves MoU between Exim Bank on General Cooperation with NDB

Cabinet approves MoU between Exim Bank on General Cooperation with NDB

New Delhi, Oct 13 (IBNS): The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday, gave its approval for signing of a Memorandum of Understanding (MoU) on General Cooperation with the New Development Bank (NDB) through the BRICS Interbank Cooperation Mechanism by the Government at the level of Secretary, Department of Economic Affairs/ Export Import Bank of India.