Activities of Exim Bank Its Support Functions

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ACTIVITIES OF EXIM BANK

ITS SUPPORT FUNCTIONS

Bopanna M M - 1220011

Jugal Prakash Agarwal 1220022

Kiruthikka Devi 1220059

Supriya Sukumar 1220061

Ankit L - 122109


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ACTIVITIES OF EXIM BANK ITS SUPPORT FUNCTIONS

ORGANISATION

THE INSTITUTION

Export-Import Bank of India is the premier export finance institution of the country, set up in

1982 under the Export-Import Bank of India Act 1981. Government of India launched the

institution with a mandate, not just to enhance exports from India, but to integrate the countrys

foreign trade and investment with the overall economic growth. Since its inception, Exim Bank

of India has been both a catalyst and a key player in the promotion of cross border trade and

investment. Commencing operations as a purveyor of export credit, like other Export Credit

Agencies in the world, Exim Bank of India has, over the period, evolved into an institution that

plays a major role in partnering Indian industries, particularly the Small and Medium

Enterprises, in their globalisation efforts, through a wide range of products and services offered

at all stages of the business cycle, starting from import of technology and export productdevelopment to export production, export marketing, pre-shipment and post-shipment and

overseas investment

THE INITIATIVES

Exim Bank of India has been the prime mover in encouraging project exports from India.The Bank provides Indian project exporters with a comprehensive range of services toenhance the prospect of their securing export contracts, particularly those funded byMultilateral Funding Agencies like the World Bank, Asian Development Bank, African

Development Bank and European Bank for Reconstruction and Development.

The Bank extends lines of credit to overseas financial institutions, foreign governmentsand their agencies, enabling them to finance imports of goods and services from India ondeferred credit terms. Exim Banks lines of Credit obviate credit risks for Indian

exporters and are of particular relevance to SME exporters.

The Banks Overseas Investment Finance programme offers a variety of facilities forIndian investments and acquisitions overseas. The facilities include loan to Indiancompanies for equity participation in overseas ventures, direct equity participation byExim Bank in the overseas venture and non-funded facilities such as letters of credit and

guarantees to facilitate local borrowings by the overseas venture.

The Bank provides financial assistance by way of term loans in Indian rupees/foreigncurrencies for setting up new production facility, expansion/modernization/upgradationof existing facilities and for acquisition of production equipment/technology. Suchfacilities particularly help export oriented Small and Medium Enterprises for creation ofexport capabilities and enhancement of international competitiveness.


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Under its Export Marketing Finance programme, Exim Bank supports Small and MediumEnterprises in their export marketing efforts including financing the soft expenditurerelating to implementation of strategic and systematic export market development plans.

The Bank has launched the Rural Initiatives Programme with the objective of linkingIndian rural industry to the global market. The programme is intended to benefit ruralpoor through creation of export capability in rural enterprises.

In order to assist the Small and Medium Enterprises, the Bank has put in place the ExportMarketing Services (EMS) Programme. Through EMS, the Bank seeks to establish, onbest efforts basis, SME sector products in overseas markets, starting from identificationof prospective business partners to facilitating placement of final orders. The service isprovided on success fee basis.

Exim Bank supplements its financing programmes with a wide range of value-addedinformation, advisory and support services, which enable exporters to evaluateinternational risks, exploit export opportunities and improve competitiveness, thereby

helping them in their globalisation efforts.

INTRODUCTION

Exim Bank plays four-pronged role with regard to India's foreign trade: those of a coordintator, a

source of finance, consultant and promoter.

Exim Bank is the Coordinator of the Working Group Mechanism for clearance of Project and

Services Exports and Deferred Payment Exports (for amounts above a certain value currently

US$ 100 million). The Working Group comprises Exim Bank, Government of India


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representatives (Ministries of Finance, Commerce, External Affairs), Reserve Bank of India,

Export Credit Guarantee Corporation of India Ltd. and commercial banks who are authorised

foreign exchange dealers. This inter-institutional Working Group accords clearance to contracts

(at the post-award stage) sponsored by commercial bank or Exim Bank,and operates as a one-

window mechanism for clearance of term export proposals. On its own, Exim Bank can now

accord clearance to project export proposals up to US$ 100 million in value.

The Export-Import (EXIM) Bank of India is the principal financial institution in India forcoordinating the working of institutions engaged in financing export and import trade. It is astatutory corporation wholly owned by the Government of India. It was established on January 1,1982 for the purpose of financing, facilitating and promoting foreign trade of India.

Capital:

The authorised capital of the EXIM Bank is Rs. 200 crore and paid up capital is Rs. 100 crore,wholly subscribed by the Central Government. The bank can raise additional resources through:

(i) Loans/grants from Central Government and Reserve Bank of India ;

(ii) Lines of credit from institutions abroad ;

(iii) Funds raised from Euro Currency markets ;

(iv) Bonds issued in India.

Functions:


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Exim Bank plays four-pronged role with regard to India's foreign trade: those of a coordintator, a

source of finance, consultant and promoter.

The Bank's functions are segmented into several operating groups including:

Corporate Banking Group which handles a vairety of financing programmes for ExportOriented Units (EOUs), Importers, and overseas investment by Indian companies.

Project Finance / Trade Finance Group handles the entire range of export creditservices such as supplier's credit, pre-shipment credit, buyer's credit, finance for export of

projects & consultancy services, guarantees, forfaiting etc.

Lines of Credit Group Lines of Credit (LOC) is a financing mechanism that provides asafe 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 Agri-exports.The Group handles projects and export transactions in the agricultural sector for

financing.

Small and Medium Enterprises Group to the specific financing requirements of exportoriented 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 servicesaimed at investment promotion

Fee based Export Marketing Services Bank offers assistance to Indian companies, toenable them establish their products in overseas markets.

The Support Services groups, which include: Research & Planning, Corporate Finance,Loan Recovery, Internal Audit, Management Information Services, InformationTechnology, Legal, Human Resources Management and Corporate Affairs.

Activities:

Exim Bank is the Coordinator of the Working Group Mechanism for clearance of Projectand Services Exports and Deferred Payment Exports (for amounts above a certain value

currently US$ 100 million).

Lines of Credit Exim Bank also extends Buyers credit and Suppliers credit to finance and promote

countrys exports

The Bank also provides financial assistance to export-oriented Indian companies by wayof term loans in Indian rupees or foreign currencies for setting up new production facility,

expansion/modernization or upgradation of existing facilities and for acquisition of

production equipment or technology


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Exim Bank helps Indian companies in their globalization efforts through a wide range of

products and services offered at all stages of the business cycle, starting from import of

technology and export product development to export production, export marketing, pre-

shipment and post-shipment and overseas investment

An Overview of EXIM Bank-

The main objective of Export-Import Bank (EXIM Bank) is to provide financial assistance to

promote the export production in India. The financial assistance provided by the EXIM Bank

widely includes the following:

Direct financial assistance Foreign investment finance Term loaning options for export production and export development Pre-shipping credit Buyer's credit Lines of credit Reloaning facility Export bills rediscounting Refinance to commercial banksThe Export-Import Bank also provides non-funded facility in the form of guarantees to theIndian exporters.

Various Stages of Exports Covered by EXIM Bank-

Development of export makers Expansion of export production capacity Production for exports Financing post-shipment activities Export of manufactured goods Export of projects Export of technology and softwares

Forms of Financial Assistance Provided by EXIM Bank to Indian Companies-

Delayed Payment Exports- Term loans are provided to those exporters who deal withexporting of goods and services and this enables them to offer delayed credit to theforeign buyers. This system of deferred credit covers Indian consultancies, technology,


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and other services. Commercial banks take part in this program either directly or underrisk syndication arrangements.

Pre-shipment credit-Indian companies which are highly involved in the execution ofexport activities beyond the cycle time of six months are funded by EXIM Bank. Theconstruction or turnkey project exporters enjoy the provision of rupee mobilization.

Term loans for export production- EXIM Bank offers term loans to the 100 percentexport oriented units, units involved in free trade zones, and exporters of varioussoftwares in India. EXIM bank also works in association with International FinanceCorporation, Washington, to provide financial assistance to the small scale and mediumindustrial units in terms of ameliorating the export production capacity of these units in

India. EXIM Bank also provides funded and non- funded facilities to deemed exportsfrom India.

Foreign Investment Finance- EXIM bank provides financial assistance for equitycontribution to the Indian companies who form Joint Venture with the foreign companies.

Financing export marketing-It helps the exporters carry out their export marketdevelopment plan in Indian market.

Financial Assistance Provided by EXIM Bank to Overseas Companies-

Foreign Buyer's Credit- the foreign players are entitled to a sum of financial assistancein order to import goods and services on deferred payments.

Lines of Credit- EXIM bank also offers financial assistance to the overseas financialinstitutions and various government agencies for import of goods and services fromIndia.


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Reloaning Options to Foreign Banks- The foreign banks are entrusted with fundingfrom EXIM bank in order to provide the same to the their clients across the globe forimporting of goods from India

Recent News:

Exim Bank of India and the National Bank for Foreign Economic Activity of the Republic

of Uzbekistan Ink Cooperation Pact- May 2011

Export-Import Bank of India (Exim Bank of India) and the National Bank for Foreign Economic

Activity of the Republic of Uzbekistan have entered into a Cooperation Agreement for realizing

business opportunities and facilitating increased trade and investment flows between the two

countries.

Trade between India and Uzbekistan has nearly doubled to USD 84 million in 2009-10 from

USD 42.8 million in 2004-05. Bilateral trade with Uzbekistan has primarily mirrored trends in

exports, which more than tripled from USD 15.1 million in 2004-05 to USD 54.0 million in

2009-10. India's exports to Uzbekistan during 2010-11 (April- December) were USD 42.1

million, a rise of 6.6% over that of the corresponding period of 2009-10. India's imports from

Uzbekistan also have risen from USD 27.7 million in 2004-05 to USD 30.0 million in 2009-10.

India's export basket to Uzbekistan in 2009-10 was dominated by pharmaceutical products,

followed by machinery & instruments, manufactures of metals, dyes intermediates & coal tar

chemicals, project goods, manmade yarn fabrics made-ups, and handicrafts excluding handmadecarpets.

Redefine MSMEs: May 2013

Exim Bank has asked the government to revise the definition of micro, small and mediumenterprises (MSMEs) to make exports more competitive. The state-owned export promotionfinancier said that there was a need to classify larger businesses as MSMEs as international rivalsin this segment were giants compared to Indian entities.

In India , a medium-sized business is one below Rs 10 crore whereas in the US and Europe it is

$50 million (nearly Rs 280 crore) and 50 million euros (over Rs 350 crore), respectively. Even in

other Asian countries, the size ranges from Rs 80 crore to Rs 150 crore,".

Exim Bank extends $19.5 million credit to Vietnam- July 2013

Exim Bank has, at the behest of Government of India, extended an additional LOC (line of

credit) of dollar 19.50 million to the Vietnam government, for financing two projects in


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Vietnam,". Exim Bank, till date, has extended three lines of credit (including the latest one).

Under the latest agreement, Exim Bank will reimburse 100 per cent of contract value to the

Indian exporters upon shipment of goods. "The LOC will be used for sourcing of goods and

services from India,". Currently, Exim Bank has in place 173 LOCs covering over 75 countries

in Africa, Asia, Latin America, Europe and the CIS, with credit commitments of over USD 9.13

billion available for financing exports from India.

New Exim Policy 2012 - 2013

ods (including CKD/SKD thereof as wellas computer software systems) for pre-production, production and post-production at zeroCustoms duty, subject to an export obligation equivalent to 6 times of duty saved on capitalgoods imported under EPCG scheme, to be fulfilled in 6 years reckoned from Authorizationissue-date.

of Status Holder Incentive Scheme under Paragraph 3.16 of FTP. In case they have alreadyavailed SHIS benefit they would be eligible for Zero Duty Scheme if they surrender or refundSHIS, with applicable interest in case SHIS has been utilized.

would not be taken for computation of net duty saved, provided the same is not CENVATed.

fixtures, dies and moulds.

to be imported under EPCG Scheme.

EPCG Scheme after approval from EFC at Headquarters.

Authorization under EPCG Scheme shall not be issued for import of any Capital Goods(including Captive plants and Power Generator Sets of any kind) for

i. Export of electrical energy (power)ii. Supply of electrical energy (power) under deemed exports

iii. Use of power (energy) in their own unit, andiv. Supply/export of electricity transmission services.

56/2012-13

Exim Bank's Line of Credit of USD 13.095 million to the Government of the Republic of Togo

57/2012-13
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Exim Bank's Line of Credit of USD 178.125 million to the Government of the United Republicof Tanzania

64/2012-13

Exim Bank's Line of Credit of USD 19 million to the Government of the Co-Operative Republicof Guyana

65/2012-13

Exim Bank's Line of Credit of USD 250 million to the Government of the Republic ofMozambique

91/2012-13

Exim Bank's Line of Credit of USD 42 million to the Government of the Republic of Cameroon

92/2012-13

Exim Bank's Line of Credit of USD 5 million to Banco Exterior De Cuba

93/2012-13

Exim Bank's Line of Credit of USD 15 million to the Government of the Republic of Benin
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SERVICES


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Finance and Services

1. EXPORT CREDITSExim Bank offers the following Export Credit facilities, which can be availed of by

Indian companies, commercial banks and overseas entities.

For Indian Companies executing contracts overseas

Pre-shipment credit

Exim Bank's Pre-shipment Credit facility, in Indian Rupees and foreign currency,

provides access to finance at the manufacturing stage - enabling exporters to purchase

raw materials and other inputs.

Supplier's Credit

This facility enables Indian exporters to extend term credit to importers (overseas) of

eligible goods at the post-shipment stage.

For Project Exporters

Indian project exporters incur Rupee expenditure while executing overseas project export

contracts i.e. costs of mobilisation/acquisition of materials, personnel and equipment etc.

Exim Bank's facility helps them meet these expenses.

For Exporters of Consultancy and Technological Services

Exim Bank offers a special credit facility to Indian exporters of consultancy and

technology services, so that they can, in turn, extend term credit to overseas importers.

Guarantee Facilities

Indian companies can avail of these to furnish requisite guarantees to facilitate execution

of export contracts and import transactions.

2. FINANCE FOR EXPORT ORIENTED UNITSTerm Finance (For Exporting Companies)

Project Finance Equipment Finance


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Import of Technology & Related Services Domestic Acquisitions of businesses/companies/brands Export Product Development/ Research & Development General Corporate Finance

Working Capital Finance (For Exporting Companies)

Fundedo Working Capital Term Loans [< 2 years]o Long Term Working Capital [upto 5 years]o Export Bills Discountingo Export Packing Credito Cash Flow financing

Non-Fundedo

Letter of Credit Limitso Guarantee Limits

Working Capital Finance (For Non- Exporting Companies)

Bulk Import of Raw MaterialTerm Finance (For Non- Exporting Companies)

Import of Equipment

Export Finance

Pre-shipment Credit Post Shipment Credit Buyers' Credit Suppliers' Credit [including deferred payment credit] Bills Discounting

Export Receivables Financing Warehousing Finance Export Lines of Credit (Non-recourse finance)

Equity Participation (In Indian Exporting Companies)

To part finance project expenditure(Project, inter alia, includes new project/ expansion/acquisition of business/company/ brands/research & development)


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3. OVERSEAS INVESTMENT FINANCE Finance for Indian Company's equity participation in the overseas Joint Venture (JV)/

Wholly Owned Subsidiary (WOS)

Direct Finance (Term & Working Capital) to the overseas JV / WOS

Finance (for equity/debt component) for acquisition of overseas businesses / companiesincluding leveraged buy-outs including structured financing options

Direct Equity by Exim Bank in the overseas JV/ WOS of an Indian Company4. LINES OF CREDIT Exim Bank gives special emphasis on extension of Lines of Credit (LOCs) as an effective

market entry mechanism

Exim Bank extends LOCs to overseas financial institutions, regional development banks,sovereign governments and other entities overseas

LOCs enable buyers in those countries to import developmental and infrastructuralprojects, equipment, goods and services from India, on deferred credit terms.

As on March 31, 2011, Exim Bank has 138 operative credit lines covering 72 countries inAfrica, Asia, Latin America and CIS region with credit commitments of over US$ 6.66billion, available for financing exports from India.

5. SME & AGRI FINANCESmall and Medium Enterprises (SME) Finance

The importance of SME sector is well-recognized world over owing to its significantcontribution in achieving various socio-economic objectives, such as employment generation,contribution to national output and exports, fostering new entrepreneurship and to provide depthto the industrial base of the economy. India has a vibrant SME sector that plays an important rolein sustaining economic growth, increasing trade, generating employment and creating newentrepreneurship in India.

Indian SMEs require business advisory services to enhance their international competitiveness ina highly competitive globalising world. The SMEs find the services of reputed national andinternational consultants as not cost effective and often, not adequately focused. Recognising thisknowledge gap, Exim Bank of India has been endeavouring to provide a suite of services to itsSME clients. These include providing business leads, handholding during the process of winningan export contract and thus assisting the generation of export business on success fee basis,countries/ sector information dissemination, capacity building in niche areas such as quality,safety, export marketing, etc. and financial advisory services such as loan syndication, etc.


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DEBT RESTRUCTURING SCHEME FOR SMALL AND MEDIUM

ENTERPRISES(SMEs)

Publications

Export Performance of Small and Medium Enterprises in India Research Brief Occasional Paper : Institutional Support to SMEs A Study of Trade and Investment

Potential Occational Paper : Institutional Support Systems for SMEs in India and International

Experiences

AGRI FINANCE

The globalization and post-WTO scenario offers considerable scope for exports of Indianagricultural products. Exim Bank has a dedicated Agri Business Group to cater to the financing

needs of export oriented companies dealing in agricultural products.

Financial assistance is provided by way of term loans, pre-shipment/post-shipment credit,

overseas buyers' credit, bulk import finance, guarantees etc. Term loans with varying maturities

are provided for setting up processing facilities, expansion, modernization, purchase of

equipment, import of equipment/technology, financing overseas joint ventures and acquisitions

etc.

The Bank has strong linkages with other stakeholders in agri sector such as Ministry of Food

Processing Industries, GoI, NABARD, APEDA, Small Farmers' Agri-Business Consortium

(SFAC), National Horticultural Board etc. Apart from financing, the Bank also provides a range

of advisory services to agri exporters.

The Bank also publishes a number of Occasional Papers, Working Papers on export potential of

various sub-sectors in agriculture and a bi-monthly publication in different languages on global

scenario in agri-business and opportunities therein.

For further details of Exim Bank's financial assistance and services pertaining to the agriculturalsector, please visit our dedicated web-portal on agri business

6. INTEREST RATESExim Banks Prime Lending Rate (PLR) is currently 15% p.a.

Exim Bank's Long-term Minimum Lending Rate (LTMLR), which is the minimum rate
http://eximbankindia.in/smerbi.dochttp://eximbankindia.in/smerbi.dochttp://eximbankindia.in/Research_Brief-Sep-05.pdfhttp://eximbankindia.in/Research_Brief-Sep-05.pdfhttp://eximbankindia.in/Research_Brief-Sep-05.pdfhttp://eximbankindia.in/smerbi.dochttp://eximbankindia.in/smerbi.doc


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applicable to all rupee loans of tenors greater than 1 year.

LTMLR is 10.20% p.a. for the quarter January 1, 2012 to March 31, 2012.

LTMLR is 10.30% p.a. for the quarter October 1, 2011 to December 31, 2011.

7. FILM FINANCEThe Bank has till date sanctioned loans more than Rs 33.15 crores for film production. The firstthree films financed by Exim Bank have been commercially successful across India and overseasmarkets.

Nature of Finance

Cashflow financing for film production Cashflow financing for film distribution/exhibition in overseas markets Term loans for fixed assets finance Term financing for export market development

Films financed by Exim Bank

Released

Honeymoon Travels Pvt. Ltd. Kabul Express Dhoom -2 Don - The Chase Begins Again Fanaa Bunty Aur Babli Salaam Namaste Veer Zaara The Rising Dhoom Hum Tum Cheeni Kum

Not Released

Shringaara - Dance of LoveIndian Film Industry


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The Indian film industry is an integral part of the Indian socio-economic psyche and the

most popular source of entertainment in the country. Indian film industry was conferred

Industry Status in the year 2000 and is mainly private funded. Indian Film industry is the

world's biggest film industry in terms of the number of movies produced and released in a

year. In 2004, there were 934 films certified across, with Hindi accounting for 245 of

them. The total number of admissions (people attending movies) is almost over 3 billion,

which is almost double the US markets and three times that of the rest of Asia.

The Indian film industry comprises of a cluster of regional film industries, like Hindi,

Telugu, Tamil, Kannada, Malayalam, Bengali etc. This makes it one of the most complex

and fragmented national film industries in the world.

8. Rural InitiativesExim Bank believes that there is a strong linkage between export development and

poverty reduction. For a country like India, with a large (70%) rural population, creation

of export capability in rural grassroot enterprise is a must. Globalisation will besuccessful and acceptable only if benefits reach the rural population. Rural enterprises

suffer from various handicaps including image, quality, capacity, packaging, delivery,

etc. NGOs and SHGs are the front for rural enterprises. Through proper guidance and

support, rural grassroot enterprises can access the global market and realize better prices

for their products thereby contributing to poverty reduction. Exim Bank's experience in

working with NGOs/SHGs and rural enterprises is encouraging. Exim Bank, leveraging

its presence in both India as well as overseas, is facilitating linkage between rural

grassroot enterprises and corporates and with overseas buyers and agencies with the

objective of bringing the benefits of globalisation to the rural population.


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PROJECT & SERVICES EXPORTS

Exports of projects and services, broadly categorized into Civil engineering construction

projects, Turnkey projects, Consultancy services.

Over the past two decades, increasing number of contracts have been secured by Indian

companies in West Asia, North Africa, Sub Saharan Africa, South & South East Asia,

CIS Region and Latin America.

Such projects have supplemented the efforts of the host country governments in

achieving their developmental objectives.

PROMOTING INVESTMENT

Comprehensive assistance: Pre investment advisory services; Finance through debt and equity Finance available for: Greenfield projects; Brownfield expansion; Overseas acquisitions directly or through special purpose vehicles Direct equity participation in Indian ventures abroad


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Joint investments by Indian and overseas company in third country markets inaddition to facilitating investments into India.

As on March 31, 2011, Exim Bank has provided finance to 331 ventures set up by268 Indian companies in 68 countries including countries in Asia region

EXIM BANK AND SMEs

Term loans for Export Product Development and Export Marketing Export Marketing Services programme Seeks to help Indian SME sector to establish their products overseas and enter

new markets through Exims overseas offices and MOU partner network

No upfront fees, but operates on success-fee basis Eximius Centres of Learning in Bangalore/ Pune/ Ahmedabadfor knowledge building & capacity creation for SMEs Set up to organise seminars and workshops for the benefit of exporting

companies,

particularly SMEsBUYERS CREDIT UNDER NEIA

Exim Bank has, in conjunction with ECGC, introduced a new product/initiative

viz. Buyers Credit under GOIs National Export Insurance Account (NEIA)


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NEIA is a Trust, set up by Ministry of Commerce and Industry, Government ofIndia, for providing export credit insurance cover for promoting project exports

from India

Under the NEIA, the Bank finances and facilitates project exports from India byway of extending credit facility to overseas sovereign governments and

government owned entities for import of goods and services from India, on

deferred credit terms

Indian exporters can obtain payment of eligible value from Exim Bank, withoutrecourse, against negotiation of shipping documents.

RESEARCH & ANALYSIS

Research Studies on products, sectors, countries, macro economic issues relevant to

international trade and investment

Sector Studies assessing export potential Bilateral Trade and Investment Studies International Trade Related Studies Exim Newsletters Export Advantage (bilingual) Agri Export Advantage (in English, Hindi and 10 regional languages) Indo-China Newsletter (bilingual) Contribution to Public Policy formulation through inputs on WTO aspects, impact

of exchange rates on exports, transaction costs, etc.

PROMOTIONAL ACTIVITIES Setting up an Exim Bank in Malaysia Establishing an Export Credit Guarantee Company in Zimbabwe Feasibility study for setting up the Afrexim Bank Designing of Export Financing ProgrammesTurkey, South Africa Export Development Project : Ukraine, Vietnam, Armenia MauritiusStudy on Projecting Mauritius as an Investment Hub for Indian Firms Feasibility study for establishment of an export credit and guarantee facility for

Gulf Cooperation Council countries


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EXIMS CATALYTIC ROLE

Introduced innovative products such as Export Marketing Finance, FinancingProgram for Software Exports, etc.

Set up Global Procurement Consultants Ltd. in 1996 as a joint venture with Indian private & public sector enterprises to take up overseas assignments in procurement advisory services expertise in procurement processes related to

multilateral funded projects.

Instrumental in creation of Asian Exim Banks Forum in 1996 to promoteintraregional trade.

Instrumental in creation of Global Network of Exim Banks and Development Financial Institutions (GNEXID) in 2006 to promote trade & development finance

through cooperation and exchange of information. Granted observer status by

UNCTAD in 2008.


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Exim Bank : Partner in Globalisation

Technology

Capital (ForeignInvestment)

Raw Materials

Capital Goods

Final Products

Capital Goods

Capital(OverseasVentures)

ProductDevelopment

Production

Marketing

Pre shipment

Post shipment

I

T

ECONOMIC FACTORS

GDP

Real GDP growth 4.8%

GDP at current price 12.5%

GDP at constant price 4.8%

PRICES

Inflation rate 4.86%

Consumer price Index 228.00

Export prices 223.00Import prices 243.00

MONEY

Forex Reserve 15102 INR billion


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Interbank rate 7.48%

Interest rate 7.25%

TRADE

Balance of Trade -715.31 INR billionExports 1389.02 INR billion

Imports 2104.33 INR billion


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Exim Bank supplements its financing programmes with a wide range of value-added

information, advisory and support services, which enable exporters to evaluate international

risks, exploit export opportunities and improve competitiveness, thereby helping them in their

globalisationefforts.d improve competitiveness, thereby helping them in their globalisation

efforts.

Description 2007-2008 2008-2009 2009-2010 2010-2011 2011-201

Amount in Rs Crore

Loan Sanctioned 32805 33629 38843 47798 44412

Loan disbursed 27159 28932 33249 34423 37045


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Total Resources 37301 44202 47072 54751 63673

Financial Performance

Profit Before Tax 533.4 610.1 772.4 867.7 1012.6

Profit After Tax 333.0 477.4 513.5 583.6 675.1

Ratios

Capital to Risk Asset Ratio (%) 15.1 16.8 18.9 17.0 16.4

PBT to Capital (%) 50.8 48.8 49.8 46.9 47.1

PBT to Capital (%) 1.7 1.5 1.7 1.7 1.7

Sub

Saharan

Africa

SE Asia,

Far East &

pacific

Latin America

& Caribbean

South

Asia

West

AsiaCIS

North

AfricaTot

USD million

Lines ofcredit(Amount)

3746 578 148 2606 325 190 567 81

BIBLIOGRAPHY


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commerce.NIC. (n.d). Retrieved from Tradestatistics:http://commerce.nic.in/tradestats/Indiastrade_press.pdf

EXIM Bank. (n.d.). Retrieved from Banking:http://financialservices.gov.in/banking/exim.asp

Indicators. (n.d.). Retrieved from Trading conomics:http://www.tradingeconomics.com/india/indicators

http://eximbankindia.in/corpo_pres.pdf

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Activities of Exim Bank Its Support Functions

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