Professional Documents
Culture Documents
EXIM Bank
EXIM Bank
ON
MASTER OF COMMERCE
(2013-2014)
ACCOUNTANCY PART 1
UNDER GUIADANCE OF
SUBMITTED BY
MITISHA C. DEDHIA
ROLL NO. 8
VIDHYAVIHAR.
1
DECLARATION BY STUDENT
Thank you.
Your's faithfully,
MITISHA C. DEDHIA
Roll no. 08
DATE:
PLACE:
2
DECLARATION BY GUIDE
THANK YOU.
YOUR'S FAITHFULLY.
Prof. Dr. C. V. HARI NARAYANAN.
DATE:
PLACE:
3
ACKNOWLEDGEMENT
Yours Faithfully,
4
MITISHA DEDHIA.
VIDYAVIHAR (E)
EVALUATION CERTIFICATE
PRINCIPAL
5
EXIM
BANK
OF
INDIA.
INDEX
6
TOPIC
PAGE NO
INTRODUCTION
8
ROLE AND FUNCTION
11
OVERSEAS INVESTMENT FINANCE PROGRAMME.
18
PROJECT EXPORTS.
19
BOARD OF DIRECTORS.
26
PERFORMANCE HIGHLIGHT.
36
MARKETING ADVISORY SERVICE.
39
EXPORT ADVISORY SERVICE GROUPS.
40
FINANCIAL HIGHLIGHTS.
44
PRESS RELEASE.
50
AWARDS.
64
7
TENDER & NOTICE.
67
CAREER. 69
LINKS. 74
Exim Bank
Type Public
Industry Banking
Financial services
Export Credit Agency
Founded 1982
8
Lines of Credit
Export Credits
Film financing
Export Services
SME & Agro Finance
Buyer's Credit NEIA
Organization.
9
The Bank's functions are segmented into several operating groups
including:
Communications.
10
Export-Import Bank of India is the premier export finance institution of
the country, set up in 1982 under the Export-Import Bank of India Act
1981. Government of India launched the institution with a mandate to
not just enhance exports from India, but also to integrate the country’s
foreign trade and investment with the overall economic growth. Exim
Bank of India has been both a catalyst and a key player in the promotion
of cross border trade and investment. Commencing operations as a
purveyor of export credit, like other Export Credit Agencies in the
world, Exim Bank of India has evolved into an institution that plays a
major role in partnering Indian industries, particularly the Small and
Medium Enterprises through a wide range of products and services
offered at all stages of the business cycle, starting from import of
technology and export product development to export production, export
marketing, pre-shipment and post-shipment and overseas investment.
11
India Act, 1981) APEX FINANCIAL INSTITUTION
COMMENCED OPERATIONS IN MARCH 1982 WHOLLY
OWNED BY GOVERNMENT OF INDIA SET UP BY AN ACT OF
PARLIAMENT IN SEPTEMBER 19812. 2Exim Bank of India
Pune* As per Exim Bank Act Mumbai Govt. of India New
Delhi Appointed by Washington D.C. Kolkata 1 Director
nominated by ECGC Singapore Hyderabad 1 Director nominated
by IDBI London Guwahati 1 Director nominated by RBI Durban
Chennai 4 Directors : Professionals/Experts Dubai Chandigarh
3 Directors: Scheduled Banks Dakar Bangalore Addis Ababa
Ahmedabad 5 Directors: Government of India Chairman and
Managing Director Domestic Offices: 10 Overseas Offices:7 3. 3
Management BOARD OF DIRECTORS (16)* OFFICES
Operational Philosophy International Trade Financing Promoting
Facilitating ThroughVariety of Financing Value Added Business
Research and Programmes Advisory Services Analysis Catalyst for
Financing Projects Products Services
Financing Programmes Financing Programmes (Various
Currencies)Export Credit Import Credit Loans for Exporting
UnitsMedium / Long Term - Import Loan for - Term Loans for
expansion/ diversification/ new projects/- Lines of Credit capital goods
export product development/- Buyer‟s Credit - Bulk Import Loan for
export marketing/ research & development- Supplier‟s Credit Raw
Materials - Term Loans for overseas equity investmentShort Term -
Direct equity stake in Indian/- Pre/Post Shipment Overseas ventures of
exporting Credit companies
Exim Bank provides term loan for financing soft expenditure such
as marketing, product development, R Foreign currency financing for
SMEs. Lending in both rupee and foreign currency. Competitive
finance. International experience. We can leverage on our international
12
network. Knowledge of exporters‟ requirements Comprehensive
range of products and services for exporters.6. 6 Exim Bank‟s
Competitive Advantage& Special products like LOC, Overseas
Investment Financing etc.D financing.
Import of Technology Production Equipment Finance
Programme (PEFP) Project Finance (Green Field / Brown Field)7. 7
Term LoansTerm Finance (For exporting companies – Criteria is
minimum 10% of theturnover should be by way of exports on FOB basis
or Rs.5 crs exports ofFOB basis, whichever is less) & Export Product
Development/ Research Domestic Acquisitions of
businesses/companies/brandsRelated Services & Import Finance
Programme (IFP) for non-exporting Companies. Long Term Working
Capital Finance / General Corporate FinanceDevelopment
Bulk Import Finance Programme Working Capital Term Loans
Export Lines of Credit (Non-recourse finance)General Working Capital
Finance Warehousing Finance Export Receivables Financing Bills
Discounting Suppliers Credit [including deferred payment credit]
Buyers Credit Post Shipment Credit Pre-shipment Credit8. 8
Working Capital FinanceExport Finance
Direct Finance (Term Finance for Indian Companys equity
participation in the overseas Joint Venture (JV)/ Wholly Owned
Subsidiary (WOS)9. 9 Overseas Investment Finance & Direct Equity
by Exim Bank in the overseas JV/ WOS of an Indian Company Finance
(for equity/debt component) for acquisition of overseas businesses /
companies including leveraged buy-outs including structured financing
optionsWorking Capital) to the overseas JV / WOS
An arrangement for financing a number of export contracts under
one umbrella. Direct Exposure on overseas borrowers Enables
import of Indian equipment and technology on deferred credit terms
Lines of Credit : A catalyst for trade promotion Exporters get payment
13
on shipment No recourse to Indian Exporters 10. 10Lines of Credit
Programme Lines of Credit (LOCs)Exim‟s own LOCs to At behest of
GOI, concessional LOCs to developing countries ineconomically strong
Asia/ Africa/ Latin America with a long-term perspective. While
Eximdeveloping countries raises the resources and funds disbursement,
GOI guarantee andand regional provide interest equalisation support
under India Developmentdevelopment banks Initiative. Total Lines –
136, Countries – 94 and Amt. USD 4.49 bn. BENEFITS
South AFRICA (US$ 2.4 bn) Gambia, Ghana, Guinea, Nigeria,
Senegal, Sierra Leone, DR Congo, Eritrea, Togo, Equatorial Guinea,
Rwanda, Egypt, Morocco, Sudan, Ethiopia, Kenya, Mauritius, Malawi,
Mozambique, Afreximbank, EBID, BOAD 11. 11 Select Major Lines of
Credit & Europe (US 20 mn) Oceania (US$ 50 mn) CIS (US$ 65
mn) LAC (US$ 168 mn) Suriname, Banco Bradesco S.A., Brazil;
Uniao De Bancos Brasileiros S.A.(UNIBANCO), Brazil; Bancomext,
Mexico; CAF, Central American Bank for Economic Integration West
Asia (US$ 290 mn) Bank Markazi, Iran; Iranian Commercial Banks
(13), Syria South-East Asia (US$ 880 mn) Cambodia, Myanmar, Nepal,
Sri Lanka, Vietnam
Project & Over the past two decades, increasing number of
contracts have been secured by Indian companies in West Asia, North
Africa, Sub Saharan Africa, South Exports of projects and services,
broadly categorised into Civil engineering construction projects,
Turnkey projects, Consultancy services.Services Exports Promoting
Project Exports & Such projects have supplemented the efforts of the
host country governments in achieving their developmental objectives.
Projects Currently Under Execution with Exim Bank Support (as on 31st
Mar, 2010) No. of Contracts : 235 Value of Contracts : US$ 17.73 billion
No. of Countries : 38 No of Indian companies : 46South East Asia, CIS
and Latin America.
Exim Bank and SMEs EMS & Seeks to help Indian SME sector to
establish their p Export Marketing Services Programme Exim‟s
14
network of overseas offices play a proactive role. Export Marketing
support given for finding international market for products of rural
industries produced by SHGs / NGOs in different states. Exim Bank –
Supporting exports from Rural Grassroots Enterprises Skill
Upgradation for SMEs Eximius Centres of Learning in Bangalore/ Pune/
Ahmedabad – for knowledge building No upfront fees, but operates on
success-fee basis roducts overseas and enter new markets through
Exim‟s overseas offices and MOU partner network & capacity creation
for SMEs
Nearly 100 companies were assisted in a range of sectors
including engineering goods Enabled companies to access international
consultancy at low cost due to cluster approach Facilitate knowledge
sharing with other companies in the cluster Enhance their capability
and acceptance in overseas markets Achieve international quality
certification The programme aimed to assist SMEs to: Exim Bank
initiated a „Clusters of Excellence‟ programme to assist small and
medium sized companies in achieving international quality
standards14. 14Cluster Approach Clusters of Excellence
Agro Plantation Sector Organic Farming Brought out
following study reports; The Bank brings out a bi-monthly newsletter
„Agri Export Advantage‟ to facilitate information dissemination in 10
regional languages. The Bank has set up an agro-portal, in-house,
which is an IT initiative to promote knowledge-based agriculture
enterprise. www.eximbankagro.in The Group looks for viable projects
and export transactions in agriculture sector. The Bank has put in place
an „Agri Business Group‟ 15. 15Agri Business Group & Honey,
Mango pulp, mushrooms, gherkins,fresh Assisted a number of Small
and Medium exporters in the Agro Sector covering following products;
Processed foods –Export Opportunities & processed fruits &
Vegetables
15
Research & Contribution to Public Policy formulation through
inputs on WTO aspects, impact of exchange rates on exports, transaction
costs, etc. Indo-Africa, Indo-Latin America and Indo-CIS Magazines
(all bilingual) Indo-China Newsletter (bilingual) Agri Export
Advantage (in English, Hindi and 10 regional languages) Export
Advantage (bilingual) Exim Newsletters International Trade
Related Studies. Bilateral Trade and Investment Studies. Sector
Studies assessing export potential. Research Studies on products,
sectors, countries, macro economic issues relevant to international trade
and investment Analysis Knowledge Building: Research Publications
Processed foods to Singapore Ayurvedic Products to Hungary
Over 300 companies supported in various sectors. Some of Cos.
assisted include : No upfront fees, but operates on success-fee basis
Helps Indian SMEs in their export efforts by proactively assisting in
locating overseas buyers/partners for their products/services Seeks to
help Indian SME sector to establish their products overseas and enter
new markets through Exim‟s overseas offices and institutional partner
network Exim Bank has launched an „Export Marketing Services‟
programme17. 17Capacity Building for SMEs Export Marketing
Services & Grapes and Pomegranates to Singapore Lucknow Chikan
Kurtas to Singapore USA Incense sticks to Singapore, S. Africa,
Cotton fabrics to S. Africa Natural Sandstone and Tiles to Hungary
Agarbathis to S. Africa and Singapore chain in S.Africa Tiger
Prawns to a leading restaurant Italy
The program envisages confirmation of Letters of credit (L/Cs),
Standby letters of credit, demand guarantees, promissory notes or bills
of exchange denominated in Dollars, Euro, Yen or in other freely
available convertible currencies acceptable to IFC, received by Indian
exporters from pre-approved banks in the countries of IFCs operation,
i.e. Central Asia, Central and Eastern Europe, Latin America18.
18Innovative Programs for Empowering SMEs GLOBAL TRADE
16
FINANCE PROGRAM (GTFP)) & the Caribbean, Middle East & The
program currently covers 74 countries of IFCs operation and Exim Bank
may confirm the L/Cs IFC will provide guarantee facility to Exim
Bank to cover such L/C confirmation and confirmation of other trade
instrumentsNorth Africa as also other regions of Asia and Africa. &
other trade instruments issued by pre- approved banks for supporting
Indias exports to these countries.
Institutional Linkages Multilateral Agencies Trade & Exim Bank
of China Board of Invt. Mauritius UNCTAD IFC Sri Lanka
Indonesia PT Bank Ekspor Board of Investment of MIGA US
Exim Bank EBRD Foreign Investment JBIC Polish Agency for
Hungarian Exim Bank Bank African Development Trade Promotion
Czech Export Bank Netherlands Council for ADB Exim Bank
Romania JETRO World Bank Invt. Promotion Agencies Export
Credit Agencies
Post shipment Pre shipment Marketing Production Product
Development Capital Goods Raw Materials (Overseas Ventures)
Capital Capital Goods (Foreign Investment) Capital Final
Products Technology 20. 20Exim Bank: Partner in Globalisation
Export & Import Statistic of NER: 2009-10 (Rs. Crs)Division
Export ImportShillong 759.76 0.37Dhubri 132.27 13.05Guwahati
465.94 0.98Agartala 0.33 167.84Karimganj 33.96 46.4Imphal 2.15
8.31TOTAL 1394.41 236.95Source: Commissioner of Cust oms, NER,
Shillong
Major commodities of export from NER: 2009-10 (Rs. Crs)
Commodity Value % of total export Limestone 548.11 39% Tea 465.47
33% Coal 318.61 23% TOTAL 1332.19 96% Source: Commissioner of
Customs, NER, Shillong
Major commodities of import into NER: 2009-10 (Rs. Crs)
Commodity Value % of total export Cement 73.68 31% Stone chips
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35.00 15% Hilsa Fish 30.40 13% TOTAL 139.08 59% Source:
Commissioner of Customs, NER, Shillong
No. of seminars conducted at key centres in NER (Guwahati,
Itanagar, Shillong, Kohima, Gangtok ) – covering various sectors
including: Export of Agricultural Products; Handicrafts; Medicinal
Plants; Export Oriented Food Processing Industry; Export Procedure
Exim Bank endeavours to play a role in promoting exports from the
NER – through creating awareness about export potential to financing of
exports and export-oriented units - Office in Guwahati estd. in 2003-
covers the entire NER – 8 States24. 24 Exim Bank in the North East
Region & Linkages with key financial institutions and organisations –
SIDBI, NABARD, APEDA, UBI, NEDFi, North East
HandicraftsDocumentation; Entrepreneurship Development. &
Financed no. of units in various sectors including: passion fruit
processing; cancer research instituteHandlooms Development Corp.;
Promoter-member of Small Farmers Agri Business Consortium (SFAC).
& hospital; tourist resort; mfg. of refractories; bamboo flooring; ginger
oil processing & pineapple slices; mfg. of potato chips; mfg. of IV
fluids; BPO; export of Agar oil/perfumery; mushroom processing; mfg.
of handloom products; ornamental fish; instant tea processing; stevia
powder processing and floriculture export .
Agricultural Mineral based products25. 25 Export Potential of
NE Region & Services exports – ITes, Tourism, Deemed Exports,
Education Processed food products (niche products) Spices – ginger,
large cardamom, turmeric etc.allied products, mainly organic products
& Handicrafts and handHealthcare Services Bamboo based products
Plantations crops – Tea, Rubber Aromatic and medicinal products
Floriculturelooms
OVERSEAS INVESTMENT FINANCE PROGRAMME
Exim Bank encourages Indian companies to invest abroad for, inter alia,
setting up manufacturing units and for acquiring overseas companies to
18
get access to the foreign market, technology, raw materal, brand, IPR
etc. For financing such overseas investments, Exim Bank provides:
a) Term loans to Indian companies upto 80% of their equity investment
in overseas JV/ WOS.
b) Term loans to Indian companies towards upto 80% of loan extended
by them to the overseas JV/ WOS.
c) Term loans to overseas JV/ WOS towards part financing
(i) capital expenditure towards acquisition of assets,
(ii) working capital,
(iii) equity investment in another company,
(iv) acquisition of brands/ patents/ rights/ other IPR,
(v) acquisition of another company,
(vi) any other activity that would otherwise be eligible for finance
from Exim Bank had it been an Indian entity.
d) Guarantee facility to the overseas JV/ WOS for (i) raising term
loan/ working capital.
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Projects involve activities like engineering, procurement, construction
(civil, mechanical, electrical or instrumental), including provision of all
desired and specified equipment and / supplies, construction and
building materials, consultancy, technical know-how, technology
transfer, design, engineering (basic or detailed), commissioning with
other all such related services as are needed by the existing or new
projects / plants / processes involving international competitive bidding
(thus including even Multilaterally Funded Projects in India). Project
exports occupy an important place in India's export portfolio. The
contracts secured in the recent years have been quite diverse in nature,
indicating the growing versatility and technological capabilities of
Indian project exporters.
Exim Bank extends funded and non-funded facilities for overseas
turnkey projects, civil construction contracts, technical and consultancy
service contracts as well as supplies.
Turnkey Projects are those which involve supply of equipment
along with related services, like design, detailed engineering, civil
construction, erection and commissioning of plants and power
transmission & distribution
Construction Projects involve civil works, steel structural works, as
well as associated supply of construction material and equipment for
various infrastructure projects.
Technical and Consultancy Service contracts, involving provision
of know-how, skills, personnel and training are categorised as
consultancy projects. Typical examples of services contracts are:
project implementation services, management contracts, super vision of
erection of plants, CAD/ CAM solutions in software exports, finance
and accounting systems.
Supplies: Supply contracts involve primarily export of capital
goods and industrial manufactures. Typical examples of supply
contracts are: supply of stainless steel slabs and ferro-chrome
manufacturing equipments, diesel generators, pumps and compressors.
FUNDED FACILITIES
20
PRE-SHIPMENT CREDIT in Indian Rupees and Foreign Currency
provides access to finance at the manufacturing stage - enabling
exporters to purchase raw materials and other inputs. The facility also
enables provision of Rupee/FC mobilization expenses for
construction/turnkey projects. Exporters can also avail Foreign Currency
Pre-shipment Credit facility to import raw materials and other inputs
required for export production.
21
EXPORT PROJECT CASH FLOW DEFICIT FINANCE
(EPCDF) is provided to Indian Project exporters executing project
export contract overseas. The facility (INR/FC) enables project exporters
to take care of temporary deficits in their cash-flow during contract
execution period.
22
OTHER GUARANTEES: e.g. in lieu of customs duty or security
deposit for expatriate labour, equipment etc.
LINE OF CREDIT
BUYER'S CREDIT
Overseas buyers/importers can avail this facility for import of eligible
goods and services from India on deferred payment terms. The facility
enables exporters/contractors to expand abroad and into non-traditional
23
markets. It also enables exporters/contractors to be competitive when
bidding or negotiating for overseas jobs.
THE LEADERSHIP
Since its inception, Exim Bank has had, at the helm of its affairs, leading
banking professionals as Chief Executive Officers. Shri R.C. Shah, a
seasoned banker, with vast commercial and international banking
experience, was the first Chairman and Managing Director of Exim
Bank during January 1982-January 1985. His vision helped the setting
up of the institution as a unique organizational model, with a flat, non-
hierarchical culture, multi-disciplinary approach to problem solving,
access to the latest technology and a climate for innovation. He was
succeeded by Shri Kalyan Banerji, who was the Chairman and
Managing Director during February 1985-April 1993. Shri Banerji had
long years of commercial banking experience, with exposure to
international banking. Ms. Tarjani Vakil took over as the Chairperson
and Managing Director of the Bank in August 1993 and guided the
24
institution in its endeavors for export capability creation, till October
1996. She was succeeded by Shri Y.B. Desai, who was the Managing
Director of the Bank during August 1997-April 2001. Shri T.C. Venkat
Subramanian then took over as Chairman and Managing Director of
Exim Bank in May 2001 and retired in October 2009. Smt. Ravneet
Kaur, then Joint Secretary (IF) Department of Financial Services,
Ministry of Finance headed the institution from November 2009 to
March 2010. She was succeeded by Shri T.C.A. Ranganathan in April
2010. Shri Ranganathan has nearly four decades of work experience in
the banking sector and before joining Exim Bank he was the Managing
Director of State Bank of Bikaner & Jaipur.
THE BOARD
Exim Bank of India has been guided by expertise at the Board level, by
senior policy makers, expert bankers, leading players in industry and
international trade as well as professionals in exports or imports or
financing thereof. As per the Exim Bank Act, at a particular point in
time, the Bank can have a maximum of 16 directors on its Board.
Including Chairman and Managing Director, the Bank’s Board
constitutes of 13 directors who are appointed by the Government of
India, they are five top level Government of India functionaries, three
directors from scheduled commercial banks and four directors who are
industry/trade experts. Three other directors are nominated by the
Reserve Bank of India (RBI), Industrial Development Bank of India
(IDBI) and Export Credit Guarantee Corporation of India Ltd. (ECGC)
respectively.
OBJECTIVES
25
“… for providing financial assistance to exporters and importers, and for
functioning as the principal financial institution for coordinating the
working of institutions engaged in financing export and import of goods
and services with a view to promoting the country’s international
trade…”
EVOLVING VISION
26
BOARD OF DIRECTORS
27
SHRI RAJIV TAKRU
SecretaryDepartment of Financial ServicesMinistry of Finance
28
SHRI SAURABH CHANDRA
SecretaryDepartment of Industrial Policy &
PromotionMinistry of Commerce & Industry
29
SHRI G. PADMANABHAN
Executive DirectorReserve Bank of India
30
SHRI N. SHANKAR
Chairman-cum-Managing DirectorExport Credit Guarantee
Corporation of India Ltd
31
SMT. ARUNDHATI BHATTACHARYA
ChairpersonState Bank of India
She is the first Chairperson of the country's largest Bank. She also
has the distinction of being the first women Managing Director of
the Bank.
In her extensive service in the Bank, she has had the opportunity of
working in Metro, Urban and Rural areas across the length and
breadth of the country. She has handled forex, treasury, retail
operations, HR and investment banking portfolios and large
Corporate Credit. As Chief General Manager (New Businesses),
Mrs. Bhattacharya was involved in setting up several new
companies / initiatives of the Bank including SBI General
Insurance, SBI Macquarie Infrastructure Fund, SBI SG Securities
Ltd, etc., as well as the launch of new IT platforms such as Mobile
Banking and Financial Planning in the Bank. As Chief General
Manager, Bengaluru Circle, she took keen interest in promoting
Financial Inclusion and financing of Self Help Groups. She also
had a stint in the Bank's New York office where she was in charge
of monitoring branch performance, overseeing External Audit and
Correspondent Relations.
32
Her interests include reading and travel. She is also associated with
various initiatives for empowering the challenged and differently
abled with the aim of integrating them in the society.
33
SMT V.R. IYER
Chairperson & Managing DirectorBank of India
34
SHRI M. S. RAGHAVAN
Chairman and Managing DirectorIDBI Bank Ltd.
35
DR. BISWAJIT DHAR
Director GeneralResearch and Information System for
Developing Countries
36
DR. A.M. BHATTACHARJEA
Professor of EconomicsDelhi School of EconomicsUniversity of
Delhi
37
PERFORMANCE HIGHLIGHTS
THE PAST DECADE (RS. IN MN),
Cumulative Growth
2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
(2003-2013) (CAGR)
LOANS
GUARANTEES
Approvals 10792 15887 43264 49978 21994 16184 13508 32165 27549 58075 289396 21
Issuance 5743 16602 21959 16972 20386 10315 3875 11535 13611 29378 150376 20
Guarantee Portfolio 15769 23727 34023 35360 34556 35401 22736 30557 32407 47440 13
RESOURCES
Paid-up Capital 6500 8500 9500 10000 11000 14000 17000 20000 23000 30594
Reserves 14933 16625 17703 18741 21064 24681 28316 32302 37003 41796
PERFORMANCE
Profit After Tax 2292 2579 2707 2994 3330 4774 5135 5836 6751 7423 43821
Balance of Net 470 654 868 956 1008 1157 1500 1850 2050 2630 13143
Profits transferred /
38
Cumulative Growth
2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
(2003-2013) (CAGR)
transferable to
Central Government
Staff (Numbers) 3 190 193 200 212 222 232 232 244 253 275
RATIOS
Capital to Risk
23.5 21.6 18.4 16.4 15.1 16.8 18.9 17.0 16.4 15.3
Assets Ratio (%)
PBT to Capital (%) 46.8 41.9 41.9 40.1 50.8 48.8 49.8 46.9 47.1 40.6
PBT to Assets (%) 2.2 2.0 2.1 1.7 1.7 1.5 1.7 1.7 1.7 1.6
1
Loan Assets are net of provisions for NPAs effective 2004-05
2
Borrowings include Deposits which are net of Reciprocal deposits
placed / Investments made with counter-parties for the years 2004-05 to
2006-07
3
Denotes number of employees in the service of Exim Bank
Exim Bank’s Research & Analysis Group (RAG) offers a vast range of
research products. The Bank’s team of experienced economists and
strategists provide insights on aspects of international economics, trade
and investment through qualitative and quantitative research techniques.
39
RAG monitors the global trends in the world and domestic economies
and the impact of these trends, especially on India and other developing
economies. RAG caters to the constituents within the Bank, as well as to
those external to the Bank such as Government, RBI,
exporters/importers, trade & industry associations, external credit
agencies, academic institutions and researchers.
The research work carried out in the Group under the broad
classification of regional, sectoral and policy related studies, are
published in the form of Occasional Papers, Working Papers, Books, etc.
These research studies primarily envisage identifying avenues for
enhancing India's international engagement.
The group also undertakes country profiles, which assess the economic,
political, currency and credit risks involved, along with the export
opportunities in the country concerned. Further the profiles provide
short-to-medium term economic outlook of a country, indicating the
economic risk involved in doing business with country.
Further, the group also prepares exposure limit for countries of business
interest to the Bank, and similarly tracks development in the key
industries for the benefit of the Bank's business exposure in these
industries.
40
The Bank also brings out a bi-monthly publication titles ‘Agri Export
Advantage’ in English, Hindi and 10 regional languages (Assamese,
Bengali, Gujarati, Kannada, Marathi, Malayalam, Oriya, Punjabi, Tamil,
and Telegu). The newsletter provides stakeholders of Indian agribusiness
with updates on global agri-environment and markets, research reports
on agri-commodities, international issues related to agri-business,
prospective areas of agribusiness, agricultural trade and trade policies,
regulatory issues in international trade, WTO Government schemes and
assistance, latest international news brief and Bank's activities to
promote agri-export from India.
41
Service is payable in Indian Rupees and applies to the subsequent orders
from the client introduced by the Bank for a period of atleast 2 years.
Exim Bank has been able to successfully place a range of products in
overseas as well as domestic market. The products list includes
Handmade Paper, Handicrafts, Vegetables and Fresh Fruits, Garments,
Home Dcor, Marine Products, Spices and Agri Equipments etc which
were placed in Singapore, Africa, Brazil, Middle East, and US. MAS
Group also organizes workshops and supporting events for facilitating to
design and package their products for the international markets.
ELIGIBILITY :
Any company/firm wanting to export its quality products/services is
eligible to avail this benefit as long as it is not falling in the negative list
of India's Foreign Trade Policy and International Conventions. MAS is
provided across all the sectors. Information required from the company
is as under:-
Company profile
Product Brochures
Printed material
Prices
Existing export markets & target markets
Minimum order quantity
Quality certifications
Samples, as and when required
42
provided to Indian projects exporters on the projects funded by
multilateral agencies.
The Group undertakes customised research on behalf of interested
companies in the areas such as establishing market potential, defining
marketing arrangements, and specifying market distribution channels.
Developing export market entry plans, facilitating accomplishment of
international quality certification and display of products in trade fairs
and exhibitions are other services provided.
The Bank provides a wide range of information, advisory and support
services, which complement its financing programmes. These services
are provided on a fee basis to Indian companies and overseas entities.
The scope of services includes market-related information, sector and
feasibility studies, technology supplier identification, partner search,
investment facilitation and development of joint ventures both in India
and abroad. During the year, the Bank provided a range of services to
companies. Information in the form of a list of importers / exporters
across different industries and sectors was provided to Indian firms
active in international trade
43
MULTILATERAL FUNDED PROJECTS OVERSEAS (MFPO)
The Bank provides a package of information and support services to
Indian companies to help improve their prospects for securing business
in projects funded by the World Bank, Asian Development Bank,
African Development Bank, and European Bank for Reconstruction and
Development. During the year, the Bank disseminated information on
44
numerous overseas business opportunities to various Indian companies
covering various sectors including transportation, construction,
telecommunication, energy, infrastructure, educational and information
technology.
EXIM BANK AS A CONSULTANT
The Bank’s experience in evolving as an institution supporting
international trade and investment, in addition to functioning as an
export credit agency in a developing country context, is of particular
relevance in other developing countries. The Bank has been sharing its
experience and expertise by undertaking consultancy assignments. Exim
Bank also shares its experience and expertise through provision of on-
site exchange of personnel programmes aimed at providing a first-hands
experience to the employees of its institutional partners.
INSTITUTIONAL LINKAGES
The Bank has fostered a network of alliances and institutional linkages
with multilateral agencies, export credit agencies, banks and financial
institutions, trade promotion bodies, and investment promotion boards to
help create an enabling environment for supporting trade and
investment.
GLOBAL NETWORK OF EXIM BANKS AND DEVELOPMENT
FINANCIAL INSTITUTIONS
The Global Network of Exim Banks and Development Finance
Institutions (G-NEXID) was set up in Geneva in March 2006 through
the Bank’s initiative, under the auspices of UNCTAD. With the active
support of a number of other Exim Banks and Development Finance
Institutions from various developing countries, the network has
endeavoured to foster enhanced South-South trade and investment
cooperation, characterized among others, by the launching of the G-
NEXID’s website (www.gnexid.org) and annual meetings of the Forum.
‘Observer Status’ in UNCTAD underscores support for the Forum, while
acceptance of the accrued benefit of the Forum by developing countries
45
can be assessed from the fact that the members continued to extend their
active participation in the year 2012-13 also.
AWARD FOR EXCELLENCE
The Bank, in association with CII, has instituted an Annual Award for
Business Excellence for best Total Quality Management (TQM)
practices adopted by an Indian company. The Award is based on the
European Foundation for Quality Management (EFQM) model.
FINANCIAL HIGHLIGHTS
Rs. Crs.
2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12
Paid up Capital 949.99 999.99 1,099.99 1,399,00 1,699.99 1,999.99 2,299.99
46
Reserves 1,770.31 1,874,10 2,106.38 2,468.09 2,831.56 3,230.56 3,700.27
Net Profit 270.74 299.41 333.05 477.41 513.50 583.60 675.10
Loan Outstandings 18,028.09 22.886.24 28,776.66 34,156.45 39,035.68 45,655.80 53,889.78
Staff (Numbers) 200 212 217 227 232 244 253
SCHEME FEATURES
Flexibility
47
RATE OF INTEREST
RATE OF INTEREST
TENOR ABOVE ONE
UP TO ONE CRORE
CRORE*
12 months to ≤ (less
than equal to) 36 8.75% p.a. 8.00% p.a.
months
NOTE
48
EXISTING FEATURES
49
on the deposit is subject to change pursuant to the directives of the
Reserve Bank of India.
The Deposit Receipt duly discharged by the first-named depositor
on revenue stamps of requisite value must be surrendered to Exim
Bank for repayment at least three weeks before the maturity date. In the
case of renewal deposit, a fresh application accompanied by the
discharged Receipt and differential payment, if necessary, in the case of
Cumulative Interest Option, must be received by Exim Bank three
weeks before the maturity date.
All payments in respect of deposit in the joint names will be made
by Bank to the first-named depositor. In the event of death of the first-
named depositor, the amount of principal and interest accrued, if any,
will be paid by Exim Bank to the survivor or the person first in the
order of survivors on production of the death certificate of the deceased
depositor and such other documents as may be deemed necessary by
Exim Bank.
Upon death of a sole depositor, payment of principal and interest
accrued, if any, will be payable by Exim Bank to the registered
nominee, if appointed; otherwise, such payment will be made to the
heir(s)/legal representative(s) of the deceased depositor on production
of proper legal representation to the satisfaction of Exim Bank.
Deduction of Income-tax at source from interest payments shall be
governed by the provisions of the Income Tax Act, 1961, as in force
from time to time, and the Rules framed thereunder.
Any dispute or claim arising from acceptance, renewal or payment
of deposits including interest under the Scheme shall be subject to the
exclusive jurisdiction of the Courts at Mumbai.
GENERAL INSTRUCTIONS
Application in the prescribed Form must be completed in full in
BLOCK LETTER. PREFIXES such as Shri/Smt. shall not be repeated
while filling in names. A blank space must be left between two or more
parts of the name e.g. AMAR JAGDISH SHAH. The depositor(s)
50
should tick the appropriate boxes provided in the Application Form.
Where alternatives are given e.g. Shri/Smt. the depositor(s) should
delete those which are not applicable.
Depositors may apply for placing the deposit under either of the
two interest options available under the Scheme. SEPARATE
APPLICATION FORM MUST BE USED FOR THE DEPOSIT
UNDER EACH OPTION. The depositor(s) should clearly indicate the
Option selected in the Application. If no option is selected, the deposit
shall be treated as intended to be placed under Cumulative Interest
Option.
In the case of HUF, the name of the Karta should be mentioned in
the space provided for filling in the name of the Depositor(s). The
name of HUF should be specified separately as indicated in the Form.
The Application Form should be signed by the Karta on behalf of HUF.
All payments/repayments and communication will be sent to the Karta.
The depositor(s) should clearly indicate in the Payment
Instructions the person to whom interest and principal amount of
deposit (in the event of death of the sole/first-named depositor) shall be
paid, by ticking the relevant box. All communications and
payments/repayments will be sent to the sole/first-named depositor.
In the case of Application made under Power of Attorney or by
judicial persons, such as Limited Company, Corporate Body, Society,
Trust or an Association of Persons, a certified true copy of the Power of
Attorney or relevant authority to place the deposit, as the case may be,
shall accompany the Application Form and the Application Form shall
be signed by the constituted attorney or the authorised signatory/ies, as
the case may be.
Signature(s) on the Application Form shall be in English or in any
of the Indian languages. If the signature is by thumb impression, it
must be attested by an authorised official of a Bank or by a
Magistrate/Notary Public under his/her official seal.
Application Form complete in all respects shall be submitted at any
of the offices of Exim Bank /collecting centers accompanied by
payment of the deposit amount by means of a crossed "Account Payee"
51
cheque/demand draft/pay-order favouring "Exim Bank - Term Deposit
A/c." . A separate cheque/demand draft/pay order must accompany
each Application Form. The tenor of Term Deposit will commence
from the date of realization of cheque.
Incomplete Application is liable to be rejected and Exim Bank
would not be responsible for consequences thereof. Exim Bank
reserves the right at its sole and absolute discretion to reject any
Application for a fresh deposit or for renewal without assigning any
reason in which event the amount of deposit received by Exim Bank
will accordingly be refunded without interest to the sole/first-named
depositor.
Receipt of Application Form will be acknowledged in the
'Acknowledgement Slip' appearing below the Application Form by the
Office of Exim Bank /Arrangers to the Deposit Scheme to whom the
Application shall be submitted. The Acknowledgement Slip will be
made out in favour of the sole/fist-named depositor and shall bear the
date and stamp of Exim Bank’s Office/Arrangers to the Deposit
Scheme.
Government of Maharashtra has declared Term Deposit Scheme of Exim
Bank as "Public Securities" under section 2(12) d of the Bombay Public
Trust Act, 1950.
52
PRESS RELEASES
Exim Bank Extends Two LOCs Of USD 198.96 Million And USD 155
Million To Myanma Foreign Trade Bank (MFTB), Myanmar For
Financing 18 Irrigation Projects (16 Ongoing And 2 Rehabilitation) And
Procurement Of Rolling Stock Equipment And Upgradation Of Three M
Exim Bank CMD, Shri T. C. A. Ranganathan, Retires Shri Anurag Jain
Assumes Charge As CMD, Exim Bank
Exim Bank Inks Pact For Export Targeted Modern Irrigated Agricultural
Project In The Republic Of Rwanda
Exim Bank’s Study Highlights India’s Trade and Investment Potential in
the CLMV Region
Exim Bank Inks Pact For Power Transmission And Distribution Project
In The Republic Of Liberia
Exim Bank Extends A USD 34.54 Million Line Of Credit To The
Government Of Niger For Solar Electrification Of 30 Villages And
Setting Up Solar Photo Voltaic System Of 5 Megawatt In Niger
EXIM BANK EXTENDS USD 30.94 MILLION LOC TO LAO PDR
FOR CONSTRUCTION OF STORAGE DAMS AND
DEVELOPMENT OF IRRIGATION SYSTEMS IN FOUR MAJOR
PROVINCES IN LAO PEOPLE’S DEMOCRATIC REPUBLIC (PDR)
EXIM BANK EXTENDS USD 42.61 MILLION LOC TO BENIN FOR
UP-GRADATION OF WATER SUPPLY SCHEMES IN 69 VILLAGES
IN BENIN
Exim Bank of India opens its Representative Office in Yangon,
Myanmar
EXIM BANK SIGNS MOC WITH WOMEN ON WINGS
Exim Bank pays ` 263 crore to Government as Balance of Net Profit
53
Exim Bank Extends USD 10 Million LOC To Nicaragua For Financing
The Supply Of Equipment From India For Building Two Electric Sub-
Stations In Nicaragua.
Exim Bank Extends USD 19.50 Million LOC To Vietnam For Financing
Two Projects In Vietnam
Exim Bank Extends Three Lines Of Credit Aggregating USD 216.44
Million To Mozambique
Exim Bank Extends USD 28.60 Million LOC To Zimbabwe For Up-
Gradation Of Deka Pumping Station And River Water Intake System In
Zimbabwe
Exim Bank Receives The Banking License For Opening Of Its
Representative Office In Yangon, Myanmar
Exim Bank To Finance New Ethio-Djibouti Railway Line [The Asaita-
Tadjourah Portion] Project In Ethiopia
Exim Bank receives special 'Plaque of Merit' from ADFIAP for its
Programme for Financing Creative Industries
Exim Bank Of India's Study Highlights India's Trade Potential With
Select Countries In Africa
Exim Bank Posts Strong Business Growth Despite Challenging
Environment In 2012-13
Prof. Pranab Bardhan delivers Exim Bank's Commencement Day
Lecture
Exim Bank Extends USD 41.60 Million LOC To Comoros For
Installation Of An 18 Mw Power Project In Moroni, The Capital City Of
Comoros
Exim Bank Extends USD 22.50 Million LOC To Burkina Faso For
Financing A Low Cost Housing And Economical Buildings' Project In
Burkina Faso
Exim Bank Extends A USD 19 Million Line Of Credit To The
Government Of Senegal For Financing Fisheries Development Project
In Senegal
54
Exim Bank Extends A USD 10 Million Line Of Credit To The
Government Of Seychelles For Financing Import Of Goods And
Services From India For Specific Projects Funded By Development
Bank Of Seychelles
Exim Bank Extends USD 35 Million LOC To Ghana For Financing A
Sugar Plant Project In Ghana
Exim Bank Extends A USD 76.50 Million Line Of Credit To The
Government Of Malawi For (A) Development Of Irrigation Network
Under Greenbelt Initiative; (B) Setting Up Of Refined Sugar Processing
Equipment In Salima Under Greenbelt Initiative; And (C) Devel
Exim Bank Extends A USD 5 Million Line Of Credit To The
Government Of Cuba For Financing The Setting Up Of A Milk Powder
Processing Plant In Camaguey Province Of Cuba
Exim Bank Extends USD 37.90 Million LOC To Swaziland For
Agriculture Development And Mechanization Of Agriculture In
Swaziland
Exim Bank's Study Highlights India's Trade and Investment Potential in
the Indian Ocean Rim Region
Exim Bank Extends USD 178.125 Million LOC To Tanzania For
Augmentataion Of Water Supply Schemes Of Dar Es Salaam And
Chalinzi Regions In Tanzania
Exim Bank Extends USD 250 Million LOC To Mozambique For
Improving The Quality Of Power Supply In Mozambique
Exim Bank Extends USD 42 Million LOC To Cameroon For Cassava
Plantation Project In Cameroon
Exim Bank Extends USD 15 Million LOC To Benin For Tractor
Assembly Plant And Farm Equipment Manufacturing Unit In Benin
Exim Bank Inks Loan Agreement with Traditional Ayush Cluster of
Tamilnadu
Exim Bank Inks Loan Agreement with Traditional Ayush Cluster of
Tamilnadu
Exim Bank Extends USD 18.08 Million LOC To Chad For
Pharmaceutical Manufacturing Plant In Chad
55
Exim Bank Announces the Winner of IEDRA (International Economic
Development Research Annual) Award 2011
Technological interventions needed for increasing crop productivity:
Exim Bank Study
Exim Bank Of India And Myanma Foreign Trade Bank Ink Mou For A
Line Of Credit Of Usd 500 Million
Exim Bank Declares Annual Results For 2011-12
Exim Bank raises US$ 124 mn through the first ever Indian issue of
Uridashi bonds in the Japanese retail market
Exim Bank Extends Line Of Credit Of USD 50 Million To The
Government Of Zambia For Pre-Fabricated Health Posts In Zambia
Exim Bank To Assist Sugar Industry Rehabilitation In Ethiopia
Exim Bank Of India Signed Two Financial Cooperation Agreements
With Other Member Development Banks Of BRICS Nations
Exim Bank of India's Study Highlights India's Trade and Investment
Potential in the SADC region
Exim Bank Extends Two Lines Of Credit Of USD 20 Million And USD
39.69 Million To The Government Of The Central African Republic
Exim Bank Extends USD 382.37 Million LOC To Sri Lanka For
Financing Various Projects In Sri Lanka
Exim Bank Extends USD 40.32 Million LOC To Chad For Financing
Various Projects In Chad
Exim Bank Extends USD 13.095 Million LOC To Togo For Financing
Farming And Cultivation Of Rice, Maize And Sorghum In Togo
David Rasquinha Appointed As Executive Director of Export-Import
Bank Of India
Exim Bank Extends A USD 100 Million Line Of Credit [LOC] To The
Republic Of Mali
Exim Bank Extends A USD 70 Million Line Of Credit [Loc] To The
Republic Of Congo
Exim Bank Extends USD 15 Million LOC To Togo For Financing Rural
Electrification Project In Togo
56
Exim Bank Of India's Study Highlights India's Trade And Investment
Potential In The LAC Region
Exim Bank Extends A USD 20 Million Line Of Credit [LOC] To The
Nigerian Export-Import Bank
Exim Bank Extends A USD 20 Million Line Of Credit [LOC] To The
Nigerian Export-Import Bank
Intra-Commonwealth trade has huge growth potential: Exim Bank study
Exim Bank Extends A USD 250 Million Line Of Credit To The
Government Of Nepal For Financing Infrastructure Projects In Nepal
Exim Bank Extends A USD 13 Million Line Of Credit To The
Government Of The Republic Of Mozambique For Financing A Solar
Photo Voltaic Module Manufacturing Plant In Mozambique
Exim Bank Extends A USD 40 MN Line Of Credit To The Government
Of The Republic Of Maldives For Construction Of 500 Housing Units In
The Maldives
Exim Bank Announces The Winner Of IEDRA (International Economic
Development Research Annual) Award 2010
China needs to rebalance its economy but must not focus only on
monetary measures, says Prof. Yu Yongding at Exim Bank's
Commencement Day Lecture
Exim Bank Extends Loc Of USD 150 Million To West Africa's Regional
Bank
Exim Bank Extends A USD 168 Million Line Of Credit To The
Government Of The Democratic Republic Of Congo For Financing The
Ketende Hydro-Electric Project In Democratic Republic Of Congo
Exim Bank Pays ` 185 Crore To Government Towards Return On
Capital
Exim Bank awarded First Prize under RBI's Rajbhasha Shield
Competition.
Electronics industry need to focus on designing and manufacturing :
Exim Bank's Study
57
Exim Bank of India and the National Bank for Foreign Economic
Activity of the Republic of Uzbekistan Ink Cooperation Pact
Exim Bank Extends USD 27.50 MN LOC To The Senegal For Financing
Rural Electrification Project In Senegal
Exim Bank Launches New Product To Boost Project Exports From India
Exim Bank Of India's Study Highlights India's Trade And Investment
Potential In The West African Region
Exim Bank Extends USD 20 MN LOC To Swaziland For The Purpose
Of Financing Setting Up Of An Information Technology Park In
Swaziland
Exim Bank Extends USD 20 MN LOC To Swaziland For The Purpose
Of Financing Setting Up Of An Information Technology Park In
Swaziland
Exim Bank's Line Of Credit (LOC) Of USD 36.56 MN To The
Government Of Tanzania For Financing Purchase Of Vehicles
Exim Bank Extends USD 20 MN LOC To Mozambique For Enhancing
Productivity Of Rice- Wheat- Maize Cultivation In Mozambique
Exim Bank To Assist Sugar Industry Rehabilitation In Ethiopia
Exim Bank receives Vice President of Uruguay: Signs Cooperation
Memorandum with Republic Bank
Renewable energy finds many takers; competes with fossil fuel: Exim
Bank study
Exim Bank Extends USD 14 MN LOC To Djibouti
Exim Bank Signs MoC With Cluster Pulse
Exim Bank Inks USD 50 Million Pact With Malawi For The Purpose Of
Financing (I) Cotton Processing Facilities, (Ii) Green Belt Initiative, And
(Iii) One Village One Product Project In Malawi
Exim Bank of India's Study Highlights India's Trade and Investment
Potential in the CARICOM Region
Indian Shipping Industry: A catalyst for Growth: Exim Bank Research
Study
58
Exim Bank inks USD 48.50 million pact with Mauritius for financing an
offshore patrol vessel
Exim Banks Of India And South Korea Ink Cooperation Pact
Exim Bank signs MoU With IL&FS Clusters For Financing Infra
Projects in SMEs
Exim Bank Extends Loan Of Rs 50 Crore To Mahindra Reva
Exim Bank Medium Term Note Programme Enhanced To US$ 2.5
Billion
Exim Bank Of India Signs MOU With China Development Bank
Exim Bank To Assist Sugar Industry Rehabilitation In Ethiopia
Exim Bank Inks USD 416.39 MN Pact With Sri Lanka For Financing
Railway Projects
Exim Bank Inks USD 61.60 MN Pact With Kenya For Financing Power
Transmission Lines
Exim Bank Extends LOC Of USD 100 MN To West African Regional
Bank
Exim Bank Of India Announces Commencement Of Business Of Its
London Branch
Exim Bank Of India Signs Cooperation Agreement With Korea Trade-
Investment Promotion Agency
Exim Bank of India's Study Highlights India's Trade and Investment
Potential in the COMESA Region
Exim Bank Opens East Africa Office
Exim Bank Signs Agreement With Cambodia During The President's
Visit
Exim Bank Inks Pact With LAO PDR During The President's Visit
Exim Bank Inks Pact With LAO PDR During The President's Visit
Exim Bank Extends US$ 42 MN LOC To Democratic Republic Of
Congo
Exim Bank Inks Pact With Bangladesh
Exim Bank Inks Pact With Bangladesh
59
Exim Bank Extends US$ 25 MN Credit Line To A Regional Bank In
Africa
The UK Chancellor of the Exchequer announces authorization of Exim
Bank Branch in London
Exim Bank Inks Two Pacts With Angola For Financing An Industrial
Park And A Textile Project
Exim Bank Announces The Winner Of IEDRA (International Economic
Development Research Annual) Award 2009
Exim Bank Extends USD 25 MN LOC To Mozambique To Finance
Rural Electrification
Exim Bank to open East Africa Regional Office in Ethiopia
Exim Bank receives ADFIAP Trade Development Award 2010 in
Vancouver
Exim Bank Extends US$ 21.72 MN LOC To The Government Of Ghana
Exim Bank Declares Annual Results For 2009-10
Exim Bank Inks Cooperation Pact With Development Banks Of BRIC
Countries
Exim Bank's US$ 200 Mn Issue Receives Around Four Times
Subscription
Exim Bank Signs US$ 30 MN Line Of Credit Pact With Government Of
Cote D'ivoire
World Floriculture Trade Is Expected To See Newer Dimensions : Exim
Bank Study
Exim Bank of India Now in Chandigarh
Exim Bank Signs US$ 5 MN Line Of Credit Pact With Government Of
Senegal
Exim Bank Commencement Day Annual Lecture 2010
Exim India's Study highlights India's trade and investment Potential in
the SADC Region
Exim Bank Extends Us$ 67.40 Million LOC To Sri Lanka To Finance
Railway Upgradation
Exim Bank Extends Line Of Credit To Lesotho
60
Exim Bank Signs US$ 30 MN LOC Pact With Government Of Sierra
Leone
Exim Bank Releases a Sector Study on Gems and Jewellery
Exim Bank's Eurodollar Issue Receives Over Five Times Subscription
Exim Bank Inks US$ 21.80 MN LOC Pact With Government Of
Mauritania
Indian Biotechnology Industry Poised for Further Growth: EXIM Bank
Research Study
Exim Bank To Assist Power Project In Rwanda
Exim Bank Inks US$ 50 MN Pact With Zambia For Financing A Power
Project
Exim Bank Inks US$ 30 MN LOC Pact With Government Of Côte
D'ivoire
Exim Bank Inks US$ 100 MN LOC Pact With
VNESHECONOMBANK Of Russia
Exim Bank Seminar on Business Opportunities with Asian Development
Bank
Exim Bank Seminar Motivates Indian Companies to Look at
Opportunities in Central and East Europe, and Central Asian Regions.
Indian Companies Urged to Look at Africa for Business Opportunities
Exim Bank & African Development Bank to Co-Finance Projects in
Africa
Exim Bank CMD, Shri T.C. Venkat Subramanian, Retires
Prabhakar Dalal Appointed As Executive Director Of Export-Import
Bank Of India
Exim Bank Extends US$ 15 MN LOC To Benin
Exim Bank Extends US$ 100 MN LOC To Government Of Syria
Exim Bank Extends US$ 36 MN LOC To Government Of Mali
Exim Bank Signs Memorandum Of Cooperation With Ashra - The Israel
Export Insurance Corporation For Supporting Bilateral Trade And
Investment Relations
61
Exim Bank Extends US$ 25 MN LOC To Democratic Republic Of
Congo
Exim Bank Study highlights Export Potential of Sikkim
Exim Bank Extends Line Of Credit Of US$ 20 Million To ERITREA
Exim Bank Study highlights Export Potential of Mizoram
Exim Bank Study on Micro, Small and Medium Enterprises Released at
the Commonwealth Conference on Small Business Competitiveness
Development Programme
Exim Bank Announces The Winner Of International Economic
Development Research Annual (IEDRA) Award 2008
Join A Bank That Has International Focus
Exim Bank Declares Annual Results For 2008-09
Exim Bank Extends USD 30 Mn LOC To Mozambique To Finance
Rural Electrification
Exim Bank Extends Line Of Credit Of US$ 37.65 Million To Cameroon
Exim Bank Extends Line Of Credit Of US$ 25 Million To Burkina Faso
Automotive Industry Needs to Focus on Skill Upgradation, Market
Research, Product Development and Customer Interactions: Exim Bank
Study
Exim Bank And Lao PDR Ink Agreement
Exim Bank To Finance A Petrochemical Complex In Myanmar
Exim Bank To Assist Sugar Industry Rehabilitation In Ethiopia
Exim Bank Extends US$ 25 MN LOC To Government Of Sudan
Exim Bank Signs Euro 150 Million Framework Loan Agreement With
European Investment Bank
Exim Bank Extends US$ 25 MN LOC To Government Of Madagascar
Exim Bank Extends US$ 29.5 MN LOC To Central African Republic
Exim Bank Extends US$ 20 MN LOC To Niger
Exim Bank Extends US$ 25 MN LOC To Ghana
Exim Bank Of India And Lao Pdr Ink Credit Agreement
62
Players In Capital Goods Industry Need To Transform Into Service
Oriented Organisations: Exim Bank Study
Exim Bank Of India Extends A Line Of Credit Of US$ 10 MN To
National Bank Of Uzbekistan
EXIM Bank pays Interest @ 10% p.a on Term Deposits
Exim Bank Extends US$ 100 Million LOC To Gambia
Exim Bank Announces The Winner Of International Economic
Development Research Annual (IEDRA) Award 2007
Exim Bank Inks Two Pacts For US$ 84 Million With Myanmar
Exim Bank Extends US$ 25.50 MN LOC To Cote D'ivoire
Exim Bank Extends US$ 25 MN LOC To Syria
Exploration Holds The Key For Growth In Indian Mineral Sector: Exim
Bank Study
Exim Bank Extends US$ 10.59 MN LOC To Suriname
Exim Bank To Finance Water Drilling Technology Project In
Mozambique
Exim Bank Extends US$ 30 MN LOC To Malawi
Exim Bank Declares Annual Results For 2007-08
Exim Bank supports Rugby Team of the Kalinga Institute of Social
Sciences
Exim Banks of India and Africa Ink Pact
Exim Bank - Ministry of Panchayati Raj sign Memorandum of
Cooperation
Exim Bank Commencement Day Annual Lecture 2008: Mr. Kemal
Dervis' Perspectives on the New Structure of the World Economy, at
Exim Bank's Lecture
India Has Potential To Be An Ideal Healthcare Destination: Exim Bank
Study
Exim Bank Inks Agreement With Gabon To Finance A Housing Project
Exim Bank - Ministry of Panchayati Raj sign Memorandum of
Cooperation
63
Exim Bank Extends US$ 10.4 Mn LOC To Suriname
India's Success Story In Software And ITES To Continue In Knowledge
Process Off-Shoring Segment: Exim Bank Study
Exim Bank And Government Of Vietnam Ink Pact To Finance A Power
Project
Regional Trade Agreements Could Act As An Effective Gateway To
Global Trade: Exim Bank Study
Exim Bank And International Finance Corporation Launch Global Trade
Finance Program In India
Exim Bank - Asian Development Bank Seminar Highlights Business
Opportunities For Indian Firms
Exim Bank - The Ceylon Chamber Of Commerce Enter Into A
Cooperation Pact
Exim Bank Extends Line Of Credit Of US$ 35.20 MN To Cambodia
Exim Bank Extends US$ 15 MN Credit Line To A Regional Bank In
Africa
Exim Bank Extends Line Of Credit To Finance A Power Project In
Myanmar
Exim Bank Study Highlights Favourable Global Trends For Indian
Pharmaceutical Industry
Exim Bank Extends Line Of Credit To Finance A Power Project In
Rwanda
Exim Bank To Assist Sugar Industry Rehabilitation In Ethiopia
Exim Bank Extends US$ 100 Mn Credit Line To Nepal
Indian And Nigerian Exim Banks Ink Pact In ACCRA
EXIM BANK DECLARES ANNUAL RESULTS FOR 2005-06
Exim Bank Extends US$ 45 MN Government of Mali
Exim Bank-Gulf Investment Corporation (GIC) signs Cooperation
Memorandum
Exim Bank Extends US$ 52 MN Credit Line To Sudan
64
Dr. David Hulme Highlights India's Role in Global Poverty Reduction at
Exim Bank's Lecture
Exim Bank Extends Us$ 10 Mn Credit Line To Senegal
Exim Bank's authorised capital increased by Rs. 1000 crores to Rs. 2000
crores
Exim Banks of India and Africa sign Cooperation Memorandum
Exim Bank Declares Annual Results for 2006-07
Exim Bank Extends Fresh Credit Lines To Mali And Djibouti
Exim Bank Study Highlights Growing Global Opportunities For Indian
Construction Companies
Exim Bank has been raising CPs/CDs/Bonds/loans at bench-mark rates
Exim Bank Announces The Winner Of International Economic
Development Research Annual (IEDRA) Award 2006
Strengthening R&D Capabilitites In India Exim Bank Study
Exim Bank Study highlights India's Trade and Investment Potential with
Maghreb Region
Exim Bank Extends US$ 7.5 mn Credit Line To Jamaica
Exim Bank Extends US$ 11 mn Credit Line To Senegal
Exim Bank Extends US$ 25 mn Credit Line To Guinea Bissau
Exim Bank Of India Signs A Loan Agreement For Japanese Yen
Equivalent To Us$ 100 Million With The Japan Bank For International
Cooperation, Tokyo
Exim Banks Of India And Hungary Ink Reciprocal Credit Agreements
To Boost Bilateral Trade
Exim Bank’s Second Samurai Bond Issue Receives Overwhelming
Response
Sale of Part / Full Stake in an Italian Forging Company
Exim Bank Extends $ 10 Million Credit Line To Pta Bank To Boost
Exports To Africa
Exim Bank announces the International Economic Development
Research Annual (iedra) Award 2005 Centre
65
Exim Bank signs Memorandum of Cooperation with SEWA Trade
Facilitation Centre
Exim Bank inks credit pacts totalling $40 mn. with Myanmar and
Mozambique
Mr. S.R. Rao and Mr. N. Shankar appointed as Executive Directors of
Export-Import Bank of India
GCC Countries: A Study of India’s Trade and Investment Potential
Exim Bank extends Credit Lines to Angola and Seychelles
Exim Bank Study highlights Trade and Investment Potential with Select
West African Countries
INDIAN PETROLEUM PRODUCTS INDUSTRY: OPPORTUNITIES
& CHALLENGES EXIM BANK STUDY
EXIM BANK PAYS Rs. 86.75 CRORE DIVIDEND TO
GOVERNMENT
Exim Bank extends Line of Credit of US$ 250 mn to Ecowas Bank
INDIAN LEATHER INDUSTRY: PERSPECTIVE AND EXPORT
POTENTIAL EXIM BANK STUDY
EXIM BANK EXTENDS US$ 65 MN CREDIT LINE TO ETHIOPIA
Exim Bank Commencement Day Annual Lecture 2006
66
IEDRA AWARD
67
YEAR WINNER & AWARD WINNING THESIS
Dr. Debasis Mondal – Innovation, Imitation and North South
2009
Trade: Economic Theory and Policy
Dr. Ramaa Vasudevan - International Trade, Finance and Money:
2008
Essays in Uneven Development
Dr. Arjun Jayadev -- Financial Liberalisation and its
2007
Distributional Consequences: An Empirical Exploration
Dr. (Ms.) Monica Das -- Theory & Empirical Evidence on the
Ecology versus Economy Debate: A Non-Parametric Estimation
2006
of the SURE Model and an Application to a General Equilibrium
Model of Trade & Investment
Dr. (Ms.) Rashmi Banga - The Nature, Pattern and Impact of
2005 Japanese and US Foreign Direct Investments in Indian
Manufacturing
Dr. (Ms.)Prachi Mishra - Essays on Globalization and Wages in
2004
Developing Countries
Dr. Debkusum Das - Some Aspects of Productivity Growth and
Trade in Indian Industry.
2003
Dr. C. Veeramani - Intra-Industry Trade under Economic
Liberalisation: An Analysis of India's Manufacturing Sector.
Dr. Praveen Kumar - Increasing Wage Inequality - Role of
Changing Trade, Technology and Factor Endowments.
2002
Dr. Brati Sankar Chakraborty - Essays on Trade in Goods and
Factor Movements Under Increasing Returns to Scale
Dr. Sajjid Chinoy - Currency Risk Premia and Unhedged, Foreign
2001
Currency Borrowing in Emerging Markets
Dr. (Ms.) Sujata Verma -The Architecture of the International
Capital Markets: Theory and Evidence
2000 Dr. Uday Bhanu Sinha - On Some Implications of Imperfect
Market Structures: International Technology Transfer and
Instability of Joint Ventures in Developing Economies
68
YEAR WINNER & AWARD WINNING THESIS
1999 Dr. (Ms.) Poonam Gupta - Essays in International Economics
Dr. Avik Chakrabarti - Foreign Direct Investment and Host
Country Interaction: A Strategic Approach.
1998 Dr. Arijit Mukherjee - International Joint Ventures and
Technology Transfers in Developing Economies: Theoretical
Analyses.
Dr. Rajat Acharyya - Theoretical Aspects of Liberal Trade
1997 Policies in Transitional Economies: Exchange Rate, Competition
and Exports.
Dr. Avadhoot Nadkarni - India's Exchange Rate under the Basket
Arrangement: An Exposition and Evaluation.
1996
Dr. Laveesh Bhandari - International Technology Transfer:
Contracts, Learnings and Alliances.
Dr. Aditya Bhattacharjea - Essays in Industrial Organisation and
1995
Strategic Trade Policy for Developing Countries.
Dr. A. Prasad - External Debt of Developing Countries: A case
study of India.
1994
Dr. (Mrs.) Ashwini Deshpande - Some Aspects of International
Debt of Developing Countries.
Dr. Mathew Joseph - Exchange Rates Regime of Less Developed
Countries
1993
Dr. Tarun Kabiraj - Some Aspects of Technology Transfer:
Theory and Policy
Dr. Subhayu Bandopadhyay - Export Taxation in a Multicountry
1992
General Equilibrium Framework.
Dr. (Ms.) Neelam Singh -Foreign Ownership, Size and
1991 Performance of a Firm: A Case Study of Indian Pharmaceutical
Industry.
1990 Dr. Sebastian Morris - Foreign Direct Investments from India:
1964-83.
Dr. Prabhirjit Sarkar - The Post War Terms of Trade Controversy:
69
YEAR WINNER & AWARD WINNING THESIS
A Re-Examination.
Dr. Nagesh Kumar - Foreign Controlled Enterprises in Indian
1989
Industry.
70
OFFERS INVITED FOR FLATS ON LEAVE & LICENSE BASIS
Prequalification Document for Procurement of Services Related To
Upgrade of Wide Area Network (WAN) With MPLS Technology (May
13, 2009)
Prequalification Document for Procurement and Implementation of
Business Intelligenc (BI) Solution0 - June 06, 2008
Prequalification Document for Procurement of Services for Maintenance
of IT Equipment and Facilities Management (EXIM/IT/PQ/2008/1) -
January 10, 2008
Invitation to Submit Expression of Interest (EOI) forSupply and
Installation of Dual-Core Intel Xeon Server (date: 04-Oct-06)
Invitation to Submit Expression of Interest (EOI) for Designing and
Implementing a Document Management System for Exim Bank (date:
27-Sep-06)
Designing and Implementing a Credit Risk Model for Exim Bank :
Invitation to Submit Expression of Interest (EOI) for Short-Listing
Further Clarifications (Date : 19.01.2006)
Designing and Implementing a Credit Risk Model for Exim Bank :
Invitation to Submit Expression of Interest (EOI) for Short-Listing
Further Clarifications (Date : 18.01.2006)
Designing and Implementing a Credit Risk Model for Exim Bank :
Invitation to Submit Expression of Interest (EOI) for Short-Listing
71
Procurement of Services for IT Equipment Maintenance and Facilities
Management - Further Clarifications (date: 26/12/2005)
Public Notice For Sale of Property Download Tender Document
Property Photographs
Invitation to Prequalify for Maintenance of IT Equipment and Facilities
Management
CAREER
At EXIM Bank, you will not only have challenging work right from the
beginning but will also be working with some of the most talented,
brilliant, hardworking, and smart people, in a work atmosphere which is
both conducive to learning and growth. Your work will revolve around
interesting projects and prestigious clients, whose challenging demands
will give you new skills, knowledge, and experience every day.
(a) Introduction
In comparison with other organisations with similar asset levels, Exim
Bank's staff strength is lean. As of March 31, 2013, total personnel in the
Bank numbered 275. Highly automated office systems ensure that
personnel are equipped with timely and complete information and
streamlined work processes. The human resources of the Bank include
200 professionals who are drawn from a variety of backgrounds
embodying various disciplines which are required for the Bank's
functions. They include bankers, business school graduates, chartered
accountants, economists, engineers and computer specialists.
CULTURE
Right from its inception, Exim Bank has attached a great deal of
importance to a congenial and challenging work environment. The
objective has been to achieve excellence in its area of operations, not
only in comparison with national organisations but also in a global
context. The bank has a private sector work ethic, while drawing upon
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the advantages thrown up by way of its public sector ownership. Some
salient features of the work environment are the emphasis on office
automation, an open office system, an independent "doer's" work
culture, minimisation of hierarchical constraints in organisational
functioning, and multi-disciplinary inputs in decision making. Exim
Bank is an officer oriented organisation. Officers work independently
and self-sufficiently in all the activities that their job entails. A sense of
togetherness and common purpose is sought to be fostered by the Bank's
in-house publication Eximius, and the annual staff get-together. The
Eminent Persons Lecture Series brings persons who have achieved
eminence in diverse fields to interact and share their experience with
officers.
While the Bank does have a variety of designations for its professionals,
these are meant more for the purpose of establishing accountability and
do not have much relation to the work content. Externally, the titles
serve a purpose akin to protocol in fielding queries. Internally, the Bank
functions more like a horizontal organisational structure minimising the
hierarchical levels to quicken decision making. Consequently, internal
communication is free and fast flowing.
DECISION MAKING
While the Bank does have a variety of designations for its professionals,
these are meant more for the purpose of establishing accountability and
do not have much relation to the work content. Externally, the titles
serve a purpose akin to protocol in fielding queries. Internally, the Bank
functions more like a horizontal organisational structure minimising the
hierarchical levels to quicken decision making. Consequently, internal
communication is free and fast flowing.
The complexity of the Bank's functions requires cross-disciplinary
inputs for effective and correct decision-making. Thus, all important
decisions are taken with the aid of inputs from relevant specialists within
the Bank. This enables a comprehensive micro and macro level
assessment of risks and rewards. Through this process of collegiate
decision making, team work and inter personal skills are deployed to the
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fullest extent so as to make optimum use of the Bank's diverse human
resources.
OFFICE AUTOMATION & TECHNOLOGY
Exim Bank operates at the frontier of available office automation and
technology. The Bank believes that human resources should primarily be
utilised for activities that require knowledge, skills, analysis and
discretionary choices. An array of state-of-the-art computer hardware,
software, and telecommunications are available to the Bank's personnel.
Members of the staff make use of these facilities to the fullest extent
feasible not only for non-discretionary activities but also as necessary
tools for optimising their work output both in terms of quantity and
quality.
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Except for those positions where highly specialised skills are needed, the
Bank does not normally recruit directly to higher professional positions.
Thus, young professionals who are committed to a long-term career in
the Bank, can expect to rise to the upper echelons of the Bank's
management in due course of time. Career growth is determined by
performance and merit, based on an objective and structured system of
evaluation. The Bank anticipates a major expansion and diversification
of its activities in the medium and long run, largely because of the
opportunities arising from India's ongoing globalisation efforts.
Therefore, young professionals can look forward to a fruitful career with
the Bank.
Given the complexity of the Bank's operations, as reflected by the many
specialised groups and work-skills, young professionals need to spend
time gaining exposure and knowledge of the various activities and skills
utilised in the Bank. This is especially necessary because efficient
decision making in the Bank requires knowledge of a variety of skills
and practices. Working with various groups, young professionals
become fully conversant with all the critical functions and activities.
They are also actively involved in appropriate assignments entailing
individual responsibility.
The Bank is unique in its global and national network of institutional
and professional linkages. The seven overseas offices - at Washington
D.C., Singapore, Dubai, London, Johannesburg, Addis Ababa and Dakar
- have helped forge strategic institutional linkages for the Bank with
multilateral agencies such as Multilateral Investment Guarantee Agency,
World Bank, Asian Development Bank, African Development Bank,
Export Credit Agencies, Trade and Investment Promotion Agencies
abroad. The Bank's extensive global network, supported by the Indian
Missions abroad facilitates interaction with such agencies and opens up
new opportunities for knowledge building and upgradation of skills.
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The governing theme in EXIM Bank is the well being of our employees.
The benefits offered are among the best available and are provided with
a view to enhancing the quality of life for our employees. Our People
Policies are among the best in the industry and are aimed at not only
attracting but also retaining the best talent.
We have a comprehensive medical assistance program that covers (up to
specified limits) medical expenses you or your dependent family
members may incur. Leave benefits are enjoyed by all staff members
upon completion of 11 months of service. LTA facility can be availed,
for travel to any place in India. We also provide a variety of loans to
cover housing requirements or for other needs such as for the purchase
of a two-wheeler/ four-wheeler.
Our Continuing Education Scheme encourages further education related
to your profession. We also take great interest in the personal well being
of our employees, and facilitate a variety of training programmes and
workshops, as well as gymnasium aerobics and Yoga programmes aimed
at all-round growth and skill-development.
Hard work and contribution never go unnoticed at EXIM Bank. You will
be called upon to work on assignments overseas. If you are an
exceptional performer, you can be appointed to man one of our overseas
offices.
We take pride in our talented and dedicated colleagues. They are our
most valuable assets - we appreciate their commitment and recognize
their contribution to our success.
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LINKS
Indian Economy
Ministry of Commerce and Industry
Ministry of Finance
Ministry of External Affairs
Ministry of Statistics & Programme Implementation
Ministry of Food Processing Industries
Reserve Bank of India
National Council for Applied Economic Research
Institute of Economic Growth
Global Economy
The World Bank
International Monetary Fund (IMF)
Asian Development Bank (ADB)
Multilateral Investment Guarantee Agency (MIGA)
African Development Bank Group (AfDB)
Organisation for Economic Cooperation and Development
(OECD)
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Select Exim Banks / ECAs
The Export Import Bank of China
PT Bank Ekspor Indonesia (Persero)
Japan Bank for International Cooperation (JBIC)
Korea Exim Bank
Export-Import Bank of Malaysia Berhad
Phil Exim
Exim Thailand
The Export Finance And Insurance Corporation (EFIC), Australia
The Export - Import Bank of the United States (U.S.EXIM)
Export Credits Guarantee Department (ECGD)
Kreditanstalt fur Wiederaufbau (KfW)
Hermes Kreditversicherungs-AG (Hermes)
Croatian Bank for Reconstruction Development (HBOR)
Compagnie Francaise d'Assurance pour le Commerce Exterieur
(COFACE)
Export Development Corporation (EDC)
Others
Government of India Directory of Websites
Indian Missions Abroad
Export Credit Guarantee Corporation of India Ltd
Securities and Exchange Board of India
Bank for International Settlements
Indian Council for Research in International Economic Relations
Research & Information System for Developing Countries
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