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SET UP BY AN ACT OF PARLIAMENT IN SEPTEMBER 1981WHOLLY OWNED BY GOVERNMENT OF INDIACOMMENCED OPERATIONS IN MARCH 1982APEX FINANCIAL INSTITUTIONOBJECTIVES:
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2. SET UP BY AN ACT OF PARLIAMENT IN SEPTEMBER 1981
WHOLLY OWNED BY GOVERNMENT OF INDIA
COMMENCED OPERATIONS IN MARCH 1982
APEX FINANCIAL INSTITUTION
OBJECTIVES:
“… 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 country’s international trade…”
“… shall act on business principles with due regard to public interest”
(Export-Import Bank of India Act, 1981)
3. Evolving Vision
4. Organisation Chairman and Managing Director
5 Directors: Government of India
3 Directors: Scheduled Banks
4 Directors : Professionals/Experts
1 Director nominated by RBI
1 Director nominated by IDBI
1 Director nominated by ECGC
6. Range of Products & Services
8. Export Marketing Finance Administered an Export Marketing Fund from World Bank
SMEs extended export marketing finance to implement strategic export marketing plans aimed at entry into developed country markets and term loans for supply side upgradation
Exim Bank’s assistance resulted in generation of significant exports to developed country markets
Many of these companies have become large companies with high export orientation
Based on the successes achieved in the programme implemented by Exim Bank in India, the Bank has shared its experience with other developing countries, with World Bank funding
Over 300 companies supported in variety sectors:
10. Competency as Collateral :
Development of Loan.Com an IT tool kit which will enable SMEs to develop bankable business plans thereby enhancing their access to finance
Tool kit will also enable lending institutions to screen viable projects
Pioneering initiative for supporting SMEs and for providing term loans and export finance facilities to identified units to help them in their globalisation efforts.
Learning from the programme to be transferred to other developing countries; capacity creation and institution building in the global arena.
Exim Bank has already financed select firms by way of term loans and export finance facilities, using the tool kit Enterprise Management Development Services
18. Exim Bank: Partner in Globalisation Technology
Capital
(Foreign Investment)
Raw Materials
Capital Goods