Bank of India, Exim Bank look at Myanmar

Bank of India and Export Import Bank of India (Exim Bank) plan to establish presence in Myanmar through branches and representative offices, to push Indian investments and support growth in bilateral trade. This plan follows Prime Minister Manmohan Singh’s visit to Myanmar from May 27 to 29. Bank of India, a Mumbai-based public sector lender, plans to set up a branch in the neighbouring country. more…