The Export-Import Bank of India Act, 1981

Section 2. Definitions

In force · As amended up to 2026-08

(c) "Exim Bank" means the Export-Import Bank of India established under section 3; (b) "Development Bank" means the Industrial Development Bank of India established under the Industrial Development Bank of India Act, 1964 (18 of 1964); (f) "notification" means a notification published in the Official Gazette; (a) "Board" means the Board of Directors of the Exim Bank referred to in section 6; (j) "services" includes,-- (I) providing personnel (including skilled or unskilled workmen and persons for rendering technical or other services) for the purposes of any work or project (by whatever name called) or any activity; (II) transferring of technology, including transferring, or securing the transfer of rights, knowhow, expertises or other skill with respect to any patent, invention, model, design, secret formula or process or similar property; (III) furnishing any information, blueprints, plans, or advice with respect to any matter; and (IV) making available any other resources. (e) "goods" includes all materials, commodities and articles in a solid, liquid or gaseous state and all forms of energy; (h) "Reserve Bank" means the Reserve Bank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934); (g) "prescribed" means prescribed by regulations made under this Act; (i) "scheduled bank" means a bank, for the time being, included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934); (d) "export" and "import" mean, respectively, export from or import into India or any other country of goods or services, or both; 2. Definitions. In this Act, unless the context otherwise requires,--

Source: India Code