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India Exim Bank | E-Showroom
India Exim Bank | E-Showroom
India
Exim Bank was set up in 1982 by an Act of Parliament for financing,
facilitating and promoting India’s foreign trade. It is the
principal financial institution in the country for coordinating the
working of institutions engaged in financing exports and imports.
India Exim Bank is fully owned by the Government of India.
The
Bank provides financial as well as value-added services to Indian
exporters. Assistance is given to export-oriented units (EOUs) by way
of term loans in Indian rupees or foreign currencies for setting up
new production facilities, expansion/modernization or up-gradation of
existing facilities and for the acquisition of production equipment
or technology. The Bank lays special emphasis on extension of Lines
of Credit to overseas entities, national governments, regional
financial institutions and commercial banks. The Bank extends Buyers’
Credit and Suppliers’ Credit to finance and promote India’s
exports and also has a programme called the Buyer’s Credit under
National Export Insurance Account to facilitate medium and long term
exports from India.
To
promote hi-tech exports from India, the Bank has a lending programme
to finance research and development activities of EOUs. The Bank’s
Marketing Advisory Services programme assists Indian companies in the
identification of prospective business partners, facilitating
placement of final orders and also the identification of
opportunities for setting up plants or projects or for the
acquisition of companies overseas.
The
Bank supports the internationalization endeavours of Small and Medium
Enterprises by meeting the foreign currency capital requirements of
Indian exporters. Further, as a facilitator of trade, India Exim Bank
has recently launched a portal called Exim Mitra (www.eximmitra.in),
that provides trade-related information and access to credit and
insurance for exporters and importers.
India
Exim Bank supplements its financing programmes with a wide range of
value-added information, advisory and support services, which enable
exporters to evaluate international risks, tap export opportunities
and improve competitiveness, thereby helping them in their
globalisation efforts.
Location
Year Established
1982
Business Type
-
Turn over
US$
Employees
0
Main Markets