About Export-Import Bank of India The Export-Import Bank of India, also known as Exim Bank of India, is the leading

export finance institution in the country. The bank was set up in the year 1982 under the Export-Import Bank of India Act 1981. The Government of India launched the Export-Import Bank Of India with an aim to augment exports from India and also to combine the country's foreign trade and investment with the overall economic growth. The bank began its operations as a supplier of export credit, but has over the period evolved into an institution that plays a major role in partnering Indian Industries including small and medium enterprises.

Export-Import Bank Of India Initiatives

Export-Import Bank of India has been one of the prime institutions that encourages project exports from India. The bank offers wide-ranging services for enhancing the prospect of Indian project exports. Exim Bank's Overseas Investment Finance program gives a variety of facilities for Indian reserves and acquirements overseas. The facilities consist of direct equity participation by the bank in the overseas venture and non-funded activities by the overseas venture and loan to the Indian companies for equity participation in the venture abroad. As part of Exim Bank's marketing Finance Program, the bank offers support to small and medium enterprises in their export marketing efforts consisting of financing the soft expenditure linking to completion of tactical and systematic export market development plans.

Export-Import Bank Of India Objective

The primary objective of the Export-Import Bank of India is to provide financial assistance to importers and exporters and function as the top financial institution. Some of the services of the bank include: overseas investment finance, film finance, export credit, finance for export oriented units and agricultural & SME finance. In the period of 20052006 the total amount of loan given out by the bank amounted to 150,389 million, while this figure shot up to Rs. 220,760 million in the flowing year.

Export-Import Bank Of India and Foreign Trade

Export-Import Bank of India plays the role of source of finance, promoter, coordinator and consultation to India's Foreign Trade. The bank is the coordinator of the Working Group Mechanism for the clearance of projects, service exports and deferred payment exports. This group comprises of Exim Bank and Government of India representatives from the Ministries of Finance, Commerce and external Affairs, Export Credit Guarantee Corporation of India Ltd, commercial banks that are certified foreign exchange dealers and the Reserve Bank of India. This working group gives clearance to contracts sponsored by Exim Bank or commercial banks and operates as a single window mechanism for clearance of export proposal terms.

Export-Import Bank Of India Address

Centre One Building, Floor 21 World Trade Centre Complex Cuffe Parade City: Mumbai Pin: 400 005 State: Maharashtra Phone No.: +91-22-22185272 Fax: +91-22-22182572 SINGAPORE -- The Export Import Bank of India attracted more than $1.5 billion in orders for its $300 million international bond priced overnight, with many investors keen on gaining exposure to a rare credit out of Asia. Some 134 investors put in bids for the offering, made attractive by the rarity of Indian bonds in the international market and state-ownership of the issuer. The offer also comes at a time when investors were flush with cash and are looking to put funds to work. "It's the first time that (India's Exim Bank was) in the dollar market with a benchmark deal. It's the first Asian bank bond deal for the year," said Terence Chia, a vice president on the

Asia debt syndicate desk of Citigroup Inc., one of the banks that managed the transaction. Deutsche Bank AG co-managed the deal, which was part of Exim Bank's $1 billion medium-term note program. The transaction was only the third to have hit the international bond market over the last two years, and followed the $750 million sale by State Bank of India in October and the $500 million issue from Indian Oil Corp. earlier this month. Despite the large size of India's economy, its government doesn't have any outstanding international bond as it opts to source its financing and funding requirements domestically. As such, the bond from Exim Bank, which is wholly owned by the government, was also viewed as a proxy for a sovereign issue. Exim Bank priced its bond due February 2015 at 99.658 paying a yield of 4.452%, according to a fund manager's termsheet. The yield represents a premium of 180 basis points above comparable Midswaps and comes in at the low end of the guidance given Tuesday. That's around 211.1 basis points over comparable U.S. Treasury yields. By Wednesday noon, the new bond was trading higher, causing the spread to tighten to 212/207 basis points over Treasurys, according to a trader. Asian investors took the lion's share of about 77% of the five-year bonds sold, while European players bought the remaining 23%, said people familiar with the transaction. The fixed-rate senior unsecured bonds were offered to international investors outside the U.S. Moody's Investors Service has rated the bond Baa3 while Standard & Poor's Ratings Services has rated it BBB-, in line with their investment-grade rating for the government.

India offers $250 ml to Nepal in line of credit

India has extended $250 million line of credit to Nepal during the Nepalese President Ram Baran Yadav's state visit to the country. The line of credit will be offered through the Exim Bank. India has also supply 80,000 tonnes of essential food grains to the country. The two countries signed four pacts which include setting up new railway links, an updated air services accord, an India-sponsored polytechnic and construction of a new convention hall near the India-Nepal border. India will supply 50,000 tonnes of wheat, 20,000 tonnes of rice and 10,000 tonnes of yellow peas of food grains to the neighboring country. An additional 2,000 tonnes of wheat will also be offered on request. India had committed Rs. 2,000 crore to the country which includes Rs. 805 crore to improve roads in the plain areas of the country. It is involved in nearly 30 medium and large projects and 335 grass roots-level projects in areas such as health, education and community development. The Nepalese President is on a four four-day state visit to the country. He had arrived on Monday when he was received by the President of India Pratibha Patil in a ceremonial welcome at Rashtrapati Bhawan. Mrs. Patil also hosted a state banquet in his honor on Tuesday evening. He met Prime Minister Manmohan Singh on Tuesday when they held discussions for a little less than an hour. Mr. Singh conveyed that he was honored by hisvisit and also emphasized on the special relationship shared by the two countries. Mr. Yadav expressed "deep gratitude" for India's help in the country's development. He is the first president of the Himalayan country which abolished it royal dynasty and elected a representative in 2008. This is the first evervisit of the Nepalese President to India. After the discussion the PM hosted the Nepalese President for lunch at Hyderabad House. Mr. Yadav also met External Affairs Minister S. M. Krishna along with other leaders like Vice President Hamid Ansari, United Progressive Alliance (UPA) chairperson Sonia Gandhi, Finance Minister Pranab Mukherjee, Home Minister P. Chidambaram and Leader of Opposition Sushma Swaraj. The visiting President will also visit the holy city of Haridwar to take part in the Maha Kumbh Mela on Wednesday.

Export-Import Bank Of India Recruitment 2010 Exim : Secretarial Administrative Officers EXPORT-IMPORT BANK OF INDIA APPLICATIONS ARE INVITED FOR THE POSITION OF ADMINISTRATIVE OFFICERS (SECRETARIAL WORK) ON CONTRACT BASIS Date: January 25, 2010 Export-Import Bank of India, an all India financial institution engaged in financing, facilitating and promoting Indias international trade, having a network of 16 offices in India and overseas and Learning Centres in Bangalore, Ahmedabad and Pune invites applications from experienced secretarial and administrative professionals, for the position of Administrative Officers, on contract basis, for a period of one year, meeting the following eligibility criteria: JOB PROFILE The job profile will include, inter alia, handling verbal and written communication in consultation with Group Head, maintaining up to date filing, mailing list, handling mail, maintaining record of inward/outward mail, to manage and channel information, to organise, prioritise Groups Heads time, preparation of letters, faxes, notes etc. The candidate should be a graduate in any discipline from a recognized university and should also be conversant in computer with an ability to adapt to changing technology. Experience in secretarial and administrative posts in a reputed organization is a must. Total Number of Posts : 06 Age : Candidates in the age group of 35 to 45 years with minimum 10 years of experience in the above-specified areas only will be considered. The candidate must be citizen of India. Pay Scale All inclusive compensation of Rs. 15,000/- p.m. will be paid. No other benefits will be available. Reservations/Relaxations will be extended to candidates belonging to SC/ST/OBC & PWD as per the prevailing Govt. of India guidelines. Candidates must state their reservation status clearly in application. Only those who satisfy the required qualification and experience need apply. Applications that do not meet with the requirements will be rejected and no correspondence in this regard will be entertained. Canvassing in any form will be a disqualification.

Selection The Selection Process will comprise of Written Test and Personal Interview. The date and timing of the Written Test will be advised to the shortlisted candidates at a later date. Candidates who are shortlisted based on the performance in the Written Test will be called for Personal Interview. The appointment of Administrative Officers will be on contractual basis. After contractual service, such appointees will be eligible for absorption as Administrative Officer in Grade/Scale JM I in the Bank through a selection process that may be conducted by the Bank. During the contractual period, the candidate can be posted at any offices of the Bank. How to apply : Please send your application containing the above-mentioned particulars, along with a colour passport size photograph, within 15 days from the date of this advertisement, to the following address. The Chief General Manager-HRM, Export-Import Bank of India Centre One Building, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400005 Website : [Only Registered Users Can See This Website Link. Register For FREE. Joining is Fast and Easy.] For more details [Only Registered Users Can See This Website Link. Register For FREE. Joining is Fast and Easy.] __________________ Jobs, vacancies, careers, recruitment 2010, requirement, Indian employment, placement, openings India, Medical Forex Pharma Insurance Jobs
EXIM BANK TO ASSIST TRANSMISSION LINE PROJECT IN CAMBODIA Exim Bank of India has extended a Line of Credit (LOC) of US$ 15 million to the Government of Cambodia for financing strengthening of the capacity of transmission line project between Kratie and Stung Treng in Cambodia. The LOC Agreement to this effect was signed in Phnom Penh, on Monday, March 1, 2010, by Exim Banks General Manager Mr. Nadeem Panjetan and Cambodias Deputy Prime Minister and Minister of Economy and Finance, H.E. Mr. Keat Chhon in the presence of diplomats of the two countries (A photograph of the signing ceremony is attached). This is the second Line of Credit being extended to the Government of Cambodia. Exim Bank had earlier extended an LOC of US$ 35.20 mn to Government of Cambodia for financing i) Stung Tasal Development Project (US$ 15 mn); ii) purchase of water pumps (US$ 5.20 mn) and iii) construction of electric transmission line between Kratie and Stung Treng provinces (US$ 15 mn).

Exim Bank will reimburse 100% of contract value to the Indian exporters, upfront upon the shipment of goods. The LOC will be used for financing at least 85% of total contract value through sourcing of goods and services from India. Major export items from India to Cambodia are pharmaceutical products, machinery and instruments, cotton yarn fabrics madeups, finished leather, transport equipment, tobacco manufactured and manmade yarn fabrics madeups.

Exim Bank has in place 131 Lines of Credit, covering over 94 countries in Africa, Asia, Latin America, Europe and the CIS, with credit commitments of over US$ 4.39 bn, available for financing exports from India. Exim Bank's LOCs afford a risk-free, non-recourse export financing option to Indian exporters. Besides promoting Indias exports, Exim Bank's LOCs enable demonstration of Indian expertise and project execution capabilities in emerging markets.

For further information, please contact Mrs. Geeta Poojary, Deputy General Manager, Export-Import Bank of India, Centre One Building, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005. Telephone: (022) 22162073/22172310, Fax:(022) 22182460. Email:eximloc@eximbankindia.in, Website: www.eximbankindia.in

Mr. Nadeem Panjetan, General Manager, Export-Import Bank of India signing a Line of Credit Agreement for US$ 15 million with H.E. Mr. Keat Chhon, Deputy Prime Minister and Minister of Economy and Finance of the Government of Cambodia, in Phnom Penh on Monday, March 1, 2010. Export-Import Bank of India- Agri Business Group The EXIM bank of India was established by Govt of India 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 countrys international trade. It is further classified into Operating Groups namely: 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 credit, buyer's credit, finance for export of projects & consultancy services, guarantees, forfeiting etc. Lines of Credit Group Lines of Credit (LOC) is a financing mechanism that provides a safe mode of non-recourse financing option to Indian exporters, especially to SMEs, and serves as an effective market entry tool.

Agri Business Group, to spearhead the initiative to promote and support Agriexports. The Group handles projects and export transactions in the agricultural sector for financing. Small and Medium Enterprises Group to the specific financing requirements of export oriented SMEs. 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 Fee based Export Marketing Services Bank offers assistance to Indian companies, to enable them establish their products in overseas markets. 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. Some of the Agri Business related Schemes run by EXIM Bank: The Indian agri sector can avail of a comprehensive range of products and services that Exim Bank offers. Broadly, these can be classified into three categories: 1. Export Credit Exim Bank provides pre shipment and post shipment credit in Indian rupees and foreign currency. Finance is extended for short term i.e. upto 6 months as also

for medium/long term i.e. beyond 6 months for eligible products and projects. Medium/long term export credit is extended by way of supplier's credits i.e. through the Indian exporter with recourse to the exporter or buyer's credits i.e. directly to the overseas buyer with no recourse to the Indian exporter. Certain RBI guidelines apply for such medium/long term export credit. Exim Bank has been recently permitted by RBI to cover inter alia agricultural commodities and processed foods under the Lines of Credit. Export contracts under Lines of Credits are financed without recourse to the exporter i.e. off balance sheet finance whilst the importer gets credit. Exim Bank extends loans for executing deemed export contracts. Exim Bank also issues guarantees overseas on behalf of Indian exporters. 2. Finance for Export Oriented Companies Exim Bank also offers loans for financing Export Oriented Companies which may be categorized as under: i. Project Finance Finance for new projects, expansion, and modernization projects. Finance for purchase of equipment both imported as well as indigenous. Working Capital both short term as well as medium term. ii. Overseas Investment Finance Overseas investment by Indian companies may be in the form of Joint Ventures (JVs) or Wholly Owned Subsidiaries (WOS). Exim Bank extends term loans against equity contribution/loan extended by Indian companies to their JVs/WOS. Term finance is provided directly to the JVs/WOS with corporate guarantee of the Indian promoter companies. Exim Bank can also participate in the equity of the overseas JV/WOS of the Indian company selectively subject to certain conditions. iii. Special Programmes

o Export Marketing Finance (Finance for developing strategic forward linkages): Term loans are extended to important strategic marketing plan covering inter alia, overseas market research, participating in international trade fairs, promotion of product, brand positioning, international quality certification, mirror product adaptation, preoperative expenses for overseas offices, prospective buyers visits to India, etc. o Export Product Development: Term Loan for product adaptation, pilot plants, product/process development, etc. o Backward Linkage/ Vendor Development Programme: The Export Vendor Development Programme aims to support development of backward linkages by exporters. Rupee term finance is available on competitive terms to exporters for implementing strategic vendor development plans i.e. backward linkage for production of goods for exports in order to increase exports. Export/Trading Houses or manufacturer-exporters with satisfactory track record and strategic plan for development of backward linkages for exports are eligible to seek finance under this programme. Exim Bank may provide farm finance to exporters entering into backward linkages through contract farming with farmers on partnership basis for exports.

o Finance for Research & Development: Exim Bank also provides lending for Research & Development activities for facilitating exports. 3. Advisory Services Exim Bank offers advisory services to Indian exporters for facilitating forward linkage for agri exports. Exim Bank's international network comprising overseas office, cooperation partners, correspondent banks and financial institutions is leveraged to provide export information on: o Overseas markets/market segments. o Direct marketing of product. o Overseas business opportunities. o Information on export/import regulations, finance, etc

Agro Division at Exim Bank can be contacted at Agri Business Group, Maker Chamber IV, Floor 8, 222, Nariman Point, Mumbai- 400 021 India. Tel. No. 91-22-2285 4784 Extn: 113 Fax 91-22- 2285 5584 E-mail : agrigroup@eximbankindia.com Url: www.eximbankagro.com