EXIM Bank of India
Export-Import Bank of India (India Exim Bank) was set up in 1982 by an Act of Parliament and is fully owned by the Government of India (GOI). The Bank is the principal financial institution for coordinating the working of institutions engaged in financing exports and imports.
India Exim Bank, has over the years, played a catalytic role in facilitating India’s integration with the global economy by promoting, financing and facilitating India’s international trade and investment. The Bank’s range of programmes have helped Indian enterprises become competitive and develop a global footprint. Assistance is given to export-oriented companies by way of term loans for setting up production facilities, expansion/modernisation/upgradation of existing facilities and for acquisition of production equipment or technology.
The Bank also plays a key role in implementing GOI’s policies and strategies in developing and enhancing global partnerships and lays special emphasis on extension of Lines of Credit to overseas entities, national governments, regional financial institutions and commercial banks. The Bank extends Buyers’ credit and Suppliers’ credit to support India’s exports and has a programme called the Buyer’s Credit under National Export Insurance Account (NEIA) to facilitate medium and long-term exports from India.
India Exim Bank has recently introduced the Ubharte Sitaare Programme (USP) to support Indian companies from various sectors, which are successful domestically but not in the export markets. The Bank will identify and support companies possessing differentiated product, process or technology through a mix of structured support under USP.
The Bank provides research inputs to the GOI and also works with State governments, developing strategies to augment exports. Several overseas Governments and institutions have engaged the Bank as a Consultant for institution building and capacity development.
India Exim Bank also supports rural enterprises in their quest to reach international markets through financial and technical interventions.
Bank Scheme
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