In India, the bank NABARD does not provide re-finance to

NABARD (National Bank for Agriculture and Rural Development) serves as an apex financing agency for institutions providing investment and production credit in rural areas [1]. According to its official refinance policy, eligible institutions for refinance include Scheduled Commercial Banks, Regional Rural Banks (RRBs), State Cooperative Banks, and State Cooperative Agriculture and Rural Development Banks (formerly known as Land Development Banks) [1][t1]. It also extends refinance to Small Finance Banks and NBFCs approved by the RBI [t1][t5]. However, the Export-Import Bank of India (EXIM Bank) is a specialized public financial institution established to facilitate international trade and provide financial assistance to exporters and importers [t7][t8]. EXIM Bank operates independently under its own Act and does not fall under the category of rural credit institutions that NABARD is mandated to refinance [t7]. Therefore, NABARD does not provide refinance to the EXIM Bank.

Sources

1. [1] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 7: Money and Banking > National Bank for Agriculture and Rural Development > p. 181