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, not just to enhance exports from India, but to integrate the country’s foreign trade and
investment with the overall economic growth.

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.

THE INITIATIVES

 Exim Bank of India has been the prime mover in encouraging project exports from India. The
Bank provides Indian project exporters with a comprehensive range of services to enhance the
prospect of their securing export contracts, particularly those funded by Multilateral Funding
Agencies like the World Bank, Asian Development Bank, African Development Bank and
European Bank for Reconstruction and Development.

 The Bank extends lines of credit to overseas financial institutions, foreign governments and
their agencies, enabling them to finance imports of goods and services from India on deferred
credit terms. Exim Bank’s lines of Credit obviate credit risks for Indian exporters and are of
particular relevance to SME exporters.

 The Bank’s Overseas Investment Finance programme offers a variety of facilities for Indian
investments and acquisitions overseas. The facilities include loan to Indian companies for
equity participation in overseas ventures, direct equity participation by Exim Bank in the
overseas venture and non-funded facilities such as letters of credit and guarantees to facilitate
local borrowings by the overseas venture.

 The Bank provides financial assistance by way of term loans in Indian rupees/foreign
currencies for setting up new production facility, expansion/modernization/upgradation of
existing facilities and for acquisition of production equipment/technology. Such facilities
particularly help export oriented Small and Medium Enterprises for creation of export
capabilities and enhancement of international competitiveness.

 Under its Export Marketing Finance programme, Exim Bank supports Small and Medium
Enterprises in their export marketing efforts including financing the soft expenditure relating to
implementation of strategic and systematic export market development plans.

 The Bank has launched the Rural Initiatives Programme with the objective of linking Indian
rural industry to the global market. The programme is intended to benefit rural poor through
creation of export capability in rural enterprises.

 In order to assist the Small and Medium Enterprises, the Bank has put in place the Export
Marketing Services (EMS) Programme. Through EMS, the Bank seeks to establish, on best
efforts basis, SME sector products in overseas markets, starting from identification of
prospective business partners to facilitating placement of final orders. The service is provided
on success fee basis.

 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, exploit export opportunities and improve competitiveness, thereby helping them in their
globalisation efforts.
A cash credit is a short-term cash loan to a company. A bank provides this type of funding, but only
after the required security is given to secure the loan. Once a security for repayment has been given,
the business that receives the loan can continuously draw from the bank up to a certain specified
amount

Exim Bank offers the following Export Credit facilities, which can be availed of by Indian companies,
commercial banks and overseas entities.

For Indian Companies executing contracts overseas

Pre-shipment credit

Exim Bank's Pre-shipment Credit facility, in Indian Rupees and

foreign currency, provides access to finance at the manufacturing
stage - enabling exporters to purchase raw materials and other
inputs.

Supplier's Credit

This facility enables Indian exporters to extend term credit to

importers (overseas) of eligible goods at the post-shipment stage.

For Project Exporters

Indian project exporters incur Rupee expenditure while executing overseas project export contracts i.e.
costs of mobilisation/acquisition of materials, personnel and equipment etc. Exim Bank's facility helps
them meet these expenses.

For Exporters of Consultancy and Technological Services

Exim Bank offers a special credit facility to Indian exporters of consultancy and technology services, so
that they can, in turn, extend term credit to overseas importers.

Guarantee Facilities

Indian companies can avail of these to furnish requisite guarantees to facilitate execution of export
contracts and import transactions

Exim Bank provides financial assistance to Indian Companies for export capability creation by way of a
variety of lending programmes, viz.,

 Lending Programme for Export Oriented Units

 Production Equipment Finance Programme
 Import Finance
 Export Marketing Finance Programme
 Lending Programme for Software Training Institutes
 Programme for Financing Research & Development
 Programme for Export Facilitation: Port Development
 Export Vendor Development Lending Programme
 Foreign Currency Pre-Shipment Credit
 Working Capital Term Loan Programme for Export Oriented units
THE BOARD

In its endeavours, Exim Bank of India has, all along, been guided, 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. The Board currently includes top level functionaries from the
Ministries of Finance, Commerce, External Affairs and Industry, Government of India, a Deputy
Governor from the Reserve Bank of India, Chairmen of Industrial Development Bank of India, Export
Credit Guarantee Corporation of India, State Bank of India, Punjab National Bank and Bank of Baroda
and the Director General of Research and Information System for Developing Countries. Some of the
illustrious Board Members in the past, include Dr. Montek Singh Ahluwalia (former Secretary, Ministry
of Finance, Government of India and currently Deputy Chairman, Planning Commission of India), Shri
Kamlesh Sharma (former Indian High Commissioner in the UK and currently the Commonwealth
Secretary General), Dr. Abid Hussain (former Commerce Secretary, Government of India and Indian
Ambassador to USA), Dr. Bimal Jalan (former Secretary, Ministry of Finance, Government of India and
Governor, RBI and currently a Member of Parliament in the Rajya Sabha), Shri S. Venkitaramanan
(former Secretary, Ministry of Finance, Government of India and Governor, RBI), Dr. Deepak Nayyar
(former Chief Economic Advisor, Ministry of Finance, Government of India and currently Professor of
Economics, Jawaharlal Nehru University, New Delhi), Shri Tejendra Khanna (former Commerce
Secretary, Government of India and currently Lt. Governor of Delhi), Dr. S.S.Sidhu (former Industry
Secretary, Government of India and currently Governor of Goa ), Shri. T.R. Prasad (former Industry
Secretary and Cabinet Secretary, Government of India ) and Shri S.S. Tarapore (former Deputy
Governor, RBI, who led the Tarapore Committee on Capital Account Convertibility).

Shri T.C. Venkat Subramanian took over as Chairman and Managing Director of Exim Bank from May
1, 2001. Shri Subramanian has both commercial banking and development banking experience and
has been associated with Exim Bank since its inception. Under the stewardship of Shri Subramanian,
Exim Bank has crossed significant milestones in business promotion as well as other initiatives as the
premier export finance institution of the country.

A line of credit is any credit source extended to a government, business or individual by a

bank or other financial institution. A line of credit may take several forms, such as overdraft
protection, demand loan, export packing credit, term loan, discounting, purchase of
commercial bills, etc. It is effectively a bank account that can readily be tapped at the
borrower's discretion. Interest is paid only on money actually withdrawn. Lines of credit can
be secured by collateral or unsecured.

http://www.youtube.com/watch?v=ATTXZUr974o&feature=related

:: OVERSEAS INVESTMENT FINANCE

 Finance for Indian Company's equity

Manufacturing facility of 'Advanta Semillas',
participation in the overseas Joint
Argentina, a company producing hybrid seeds of
Venture (JV)/ Wholly Owned Subsidiary sunflower, corn, sorghum etc. Mumbai based
(WOS) United Phosphorus, with support from Exim
Bank, has acquired Advanta which has similar
 Direct Finance (Term & Working Capital) facilities in Australia and Thailand, in addtion to
Argentina.
 to the overseas JV / WOS

 Finance (for equity/debt component) for acquisition of overseas businesses / companies

including leveraged buy-outs including structured financing options

 Direct Equity by Exim Bank in the overseas JV/ WOS of an Indian Company

Films financed by Exim Bank

Released

 Honeymoon Travels Pvt. Ltd.

 Kabul Express
 Dhoom -2
 Don - The Chase Begins Again
 Fanaa
 Bunty Aur Babli
 Salaam Namaste
 Veer Zaara
 The Rising
 Dhoom
 Hum Tum
 Cheeni Kum

Exim Bank offers a diverse range of information, advisory and support services, which enable
exporters to evaluate international risks, exploit export opportunities and improve competitiveness.

MULTILATERAL AGENCIES FUNDED PROJECTS OVERSEAS (MFPO)

Information and support services to Indian companies to help improve their prospects for securing
business in multilateral agencies funded projects.

 Dissemination of business opportunities in funded projects

 Providing detailed information on projects of interest
 Information on Procurement Guidelines, Policies, Practices of Multilateral Agencies
 Assistance for Registration with Multilateral Agencies
 Advising Indian companies on preparation of Expression of Interest, Capability Profile
 Bid Intervention

PROMOTING INDIAN CONSULTANCY

Tie-up with

 International Finance Corporation, Washington D.C.

 Eastern & Southern African Trade & Development Bank (PTA Bank)
 African Management Services Company (AMSCO), Netherlands

Examples

 Gems & Jewellery Study - Zambia

 Financial Training Mission - Kenya
 Cement Project - Cameroon
 Software - Madagascar
 Wool Knitting - Vietnam
  Textile - Nigeria
 Refrigeration - Ghana
 Financial Training - Poland

KNOWLEDGE BUILDING

EXIMIUS CENTRES FOR LEARNING - AHMEDABAD, BANGALORE AND PUNE

 To organise seminars and workshops in areas such as international trade & investment, export
marketing, quality, packaging, business opportunities in multilateral agencies funded projects,
sector and country specific programmes
 Guest faculty from network partners such as IFC, World Bank, EBRD, UNIDO, Asian
Development Bank, African Development Bank, CBI, the Netherlands

RESEARCH STUDIES

 Research Studies on products, sectors, countries, macro economic issues relevant to

international trade and investment
 Number of research studies published as:
o Occasional Papers: 135;
o Working Papers: 15

Sector Studies

 Automotive
 Petroleum Products
 Floriculture
 Medicinal Plants
 Vanilla
 Biotechnology
 Machine Tools
 Textiles
 Horticulture Products
 Chemicals
 Pharmaceuticals
 Leather
 Plantation

INFORMATION

1. Exporters/Importers
2. Industry/Market Reports
3. Trade Regulations & Laws
4. Country Reports
5. International Quality Standards
6. Partner Identification
7. Product Display

Export Marketing Services

The Bank provides assistance to Indian companies, to enable them establish their products in
overseas markets through its Export Marketing Services, starting from identification of prospective
business partners to facilitating placement of final orders.

The Export Marketing service leverages the Bank’s high international standing, in-depth knowledge
and understanding of the international markets and well established institutional linkages, coupled with
its physical presence, to support Indian companies in their overseas marketing efforts on a success fee
basis.

Service offered across sectors

 Marine Products
 Textiles - yarns, fabrics, apparels.
 Food Processing - Ready to Serve, spices and condiments
 Office Stationery
 Ayurveda medicines/cosmetics.
 Others