Page 19 - Banking Finance AUGUST 2015
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EXPORT IMPORT NEWS
EXPORT-IMPORT BANK
EXIM bank announces 27th edition of its International Exim Bank of India
Economic Research Award
signed an MoU with De-
The Export - Import Bank of India (Exim will be accepted as entries for the
Bank) has opened entries for the Exim Award. velopment banks of
Bank International Economic Research
Annual Award (IERA). The award consists of prize money of BRICS nations
Rs. 3.5 lakh and a citation. The last
The IERA Award was in- CMD of Exim Bank of India, Mr.
troduced in the com- date for submission of Yaduvendra Mathur, signed a multi-
memoration of India's applications is Septem- lateral cooperation agreement,
first Prime Minister ber 30, 2015. Abstract of along with Chairmen/Presidents of
Pandit Jawaharlal Nehru's the winning thesis will other mem-
Birth Centenary (1889- also be published as an ber develop-
1989) rewarding re- Occasional paper by Exim ment banks
search work by Indian nationals. Re- Bank. of BRICS
search work by Indian nationals in in- (Brazil, Rus-
ternational economics, trade, develop- "The IERA Award by Exim Bank is an sia, India,
ment and related financing (either exceptional platform recognizing the China, and
awarded a doctorate or accepted for research work done on international South Africa) nations, expressing
award of doctorate) from a university economics, trade, development and their intent to cooperate with the
or equivalent academic institution in related topics by Indian nationals New Development Bank (NDB) pro-
India or abroad is a prerequisite for eli- across the globe", said Mr. Yaduvendra moted by the BRICS nations. The
gibility of the Award. Mathur, Chairman & Managing Direc- Agreement was signed in the pres-
tor, Exim Bank of India. He further ence of Heads of States/Govern-
Issues of relevance to India and Exim added, "Being the twenty seventh year ments of the BRICS countries on
Bank such as those pertaining to for- of the award it symbolizes the Bank's Thursday, July 09, 2015, in Ufa, Rus-
eign trade, foreign direct investments, continuing efforts at promoting re- sia during the BRICS Summit 2015.
joint ventures, international competi- search and analysis.
tiveness, policies impacting trade and This Agreement is aimed at setting
investment, monetary and fiscal inter- Exim Bank received 42 entries last year broader agenda for cooperation with
ventions would be of particular inter- from across the globe by Indian nation- the NDB guided by the existing inter-
est. Thesis for which Doctorate has als. The winner for the IERA Award national banking practices; the prin-
been obtained/accepted for award of 2013 was Dr. Anwesha Aditya for her ciples of equality, mutual benefit and
Doctorate anytime in the last 5 years research work on the topic "Trade responsible financing and the exist-
Liberaliztion, Product Variety and ing partnership among the BRICS
Growth". national development banks.
BANKING FINANCE | AUGUST | 2015 | 19
