Export-Import Bank of India (E.X.I.M. Bank) has signed a multilateral agreement to cooperate with New Development Bank (N.D.B.).

N.R.I entrepreneur Lord Karan Bilimoria has been appointed as the President of the U.K. Council for International Student Affairs (U.K.C.I.S.A). He will replace Baroness Usha Prashar as she steps down, having served the maximum term of nine years. Hyderabad born Bilimoria, the founder of Cobra Beer, is also the Chancellor of the University of Birmingham.