Exim Bank (India)

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Exim Bank

Type Public

Industry Banking

Financial services

Founded 1982

Headquarters Mumbai, India[1]

Products Investment Banking

Commercial Banking

Retail Banking

Private Banking

Asset Management

Mortgages

Credit Cards

Website Official Website

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.[2]

Contents
[hide]

• 1 Descripti

on

• 2 Organizat
 ion

• 3 Reference

• 4 External

links

[edit]Description

Government of India launched the institution with a mandate, not just to enhance exports from India, but to
integrate the country’s foreign trade and investment with the overall economic growth. Since its inception, 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 Agenciesin the world, Exim
Bank of India has, over the period, evolved into an institution that plays a major role in partnering Indian
industries, particularly the Small and Medium Enterprises, in their globalisation efforts, 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.[3]

[edit]Organization

Exim Bank is managed by a Board of Directors, which has representatives from the Government, Reserve
Bank of India, Export Credit Guarantee Corporation of India, a financial institution, public sector banks, and the
business community.

The Bank's functions are segmented into several operating groups including:

Corporate Banking Group which handles a variety of financing programmes for Export Oriented
Units (EOUs), Importers, and overseas investment by Indian companies.

Project Finance / Trade Finance Group handles the entire range of export credit services such as supplier's
credit, pre-shipment Agri Business Group, to spearhead the initiative to promote and support Agri-exports. The
Group handles projects and export transactions in the agricultural sector for financing.

Small and Medium Enterprise: The group handles credit proposals from SMEs under various lending
programmes of the Bank.

Export Services Group offers variety of advisory and value-added information services aimed at investment
promotion.

Export Marketing Services Bank offers assistance to Indian companies, to enable them establish
their products in overseas markets.
 Besides these, the Support Services groups, which include: Research & Planning, Corporate Finance, Loan
Recovery, Internal Audit, Management Information Services, Information Technology, Legal, Human
Resources Management and Corporate Affairs.

[edit]Reference

1. ^ "About Us : Contact Us". Eximbankindia.com. Retrieved 2010-08-02.

2. ^ http://www.premiumpress.com. "Export-Import Bank of India « India

Microfinance Business Directory". D.indiamicrofinance.com. Retrieved 2010-

08-02.

3. ^ "Important PSU and other bodies dealing with Trade and Commerce".
Indembassysuriname.com. 2010-07-29. Retrieved 2010-08-02.

[edit]External links
 Exim Bank India website

Categories: Banks of India | Banks established in 1981 | Companies based in Mumbai | Foreign trade of
India | Export credit agencies

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