1 / 5

Importance, Role and Functions of EXIM Bank

https://www.gfebusiness.org/blog/importance-of-exim-bank-in-india/<br><br>Globalization and liberalization were initiated in India after the 1991 reform. The government has opened gates for the import and export industry. And after that, this industry rose from scratch and became one of the largest exporter countries globally in no time.<br><br>The EXIM Bank in India, vastly known as the EXIM bank, is one of the prominent financial in India providing financial assistance to the Importer and exporters of India through various services.<br>

impexpert
Download Presentation

Importance, Role and Functions of EXIM Bank

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Importance, Role and Functions of EXIM Bank in India

  2. Understanding the Importance, Role, and Functions of EXIM Bank in India The Export-Import Bank of India (EXIM Bank) is a pivotal institution in the nation's economic framework, primarily aimed at enhancing the country's international trade. Let’s explore the critical functions, roles, and importance of EXIM Bank in bolstering India's position in the global market, particularly for businesses engaged in the import-export sector. Core Roles and Responsibilities Facilitating International Trade: EXIM Bank plays a crucial role in supporting India's global trade by offering financial aids such as loans, buyer’s credit, and lines of credit to exporters and importers, thereby easing the process of conducting business across borders. Promoting Cross-Border Trade: The bank plays a critical role in promoting Indian exports by providing businesses with the necessary financial services to expand into new markets.

  3. Developmental Role Capacity Building: Through various initiatives, EXIM Bank helps businesses understand international markets better, offering export-import training programs that are crucial for new and established traders. Research and Development: The bank conducts research to identify new markets and sectors for potential growth, providing strategic insights that businesses can use to their advantage. Empowering Small and Medium Enterprises (SMEs) Boosting Credit Availability: EXIM Bank provides guarantees to improve the credit standing of SMEs, thus simplifying their access to essential financing. Guidance and Consultation: The bank extends expert advisory services to assist SMEs in managing the intricacies of international trade, enabling them to thrive in competitive markets.

  4. GFE Business and EXIM Bank Skill Development: As part of GFE Business's initiatives, such as import export training in Ahmedabad, EXIM Bank's resources and financial solutions are highlighted to train and equip businesses with the knowledge to succeed internationally. EXIM Bank is not just a financial institution; it’s a catalyst for expanding India’s export capabilities, enabling businesses to reach global markets more effectively. Its role in enhancing the export-import sector through financial and advisory support helps in building a robust trading environment in India. To discover the best ways to attract customers for your import-export business, consider implementing targeted marketing strategies, leveraging digital platforms, and building robust relationships within international trade networks.

More Related