Complex sentence: They have taken initiatives to set up a wide spread network of ATM Machines throughout the country as well as launched "EXIM KISHAN", an agricultural product in line with the directive of Central Bank for agricultural investment.
Split into simpler sentences: They have taken initiatives to set up a wide spread network of ATM Machines throughout the country. EXIM Bank has already launched "EXIM KISHAN" an agricultural product in line with the directive of Central Bank for agricultural investment.