Export-Import Bank of India Act, 1981
13. Loans in foreign
currency.-
Notwithstanding
anything contained in the Foreign Exchange Regulation Act, 1973 (46 of 1973) or
in any other law for the time being in force relating to foreign exchange, the
Exim Bank may, for the purpose of granting loans and advances under this Act, borrow,
with the previous consent of the Central Government, foreign currency from any
foreign State or from any bank or financial institution in any foreign country
or otherwise.