The Export-Import Bank of India (India Exim Bank) is the premier export finance institution of the country that seeks to build value by integrating foreign trade and investment with the economic rise of India. The Bank 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, imports or financing. With offices spread across India and in select locations of the world, the bank aspires to boost the businesses of industries and SMEs.
It commenced operations in 1982 under the Export-Import Bank of India Act 1981.
Objectives
“… providing financial assistance to exporters and importers, and … 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…”
“… act on business principles with due regard to public interest..”
(Export-Import Bank of India Act, 1981)
Evolving goals and Bank’s Mission
The Bank’s Vision has evolved from a product-centric approach with Export Credits and Export Capability Creation, to a more customer-centric approach by offering a comprehensive range of products and services to empower businesses at all stages of a company’s business cycle.
Today, it develops commercially viable relationships with a target set of externally oriented companies through a comprehensive range of products and services, aimed at enhancing their internationalisation efforts. Going ahead, it aspires to utilise its leadership and expertise in Export Finance to make a lasting difference to Indian companies with global aspirations.
The Bank’s Mission is to facilitate globalisation of Indian Business.
Financial products
- Buyer’s credit
- Lines of Credit
- Corporate Banking
- Oveseas investment finance
- Project exports
- Ubharte Sitaare Programme (identification of Indian companies that are future champions with good export potential)
For more information, please visit: www.eximbankindia.in.