<h1>Cabinet Approves Export-Import Bank Amendment Bill to Boost Authorized Capital and Strengthen Management Structure.</h1> The Union Cabinet has approved the introduction of the Export-Import Bank of India (Amendment) Bill, 2011, to amend the Export Import Bank Act, 1981. The Bill proposes to increase the Exim Bank's authorized capital from Rs. 2000 crore to Rs. 10,000 crore, with provisions for further increases by government notification. Additionally, it allows for the appointment of two whole-time directors, enhancing the bank's management structure. These changes aim to enable the bank to take on higher export credit exposures, borrow funds for export lines of credit, and strengthen its competitive position in promoting India's international trade and investment.