Export-Import Bank of India (Exim Bank) www.eximbankindia.in Export-Import Bank of India (EXIM Bank) is a specialized financial institution, wholly owned by Government of India, set up in 1982, for financing, facilitating and promoting foreign trade of India. EXIM Bank extends Lines of Credit (LOCs) to overseas financial institutions, regional development banks, sovereign governments and other entities overseas, to enable buyers in those countries to import developmental and infrastructure projects, equipment, goods and services from India, on deferred credit terms. EXIM Bank has laid strong emphasis on enhancing project exports, the funding options for which have been enhanced with introduction of the Buyer's Credit-National Export Insurance Account (BC-NEIA) program. The Bank facilitates two-way technology transfer by financing import of technology into India, and investment abroad by Indian companies for setting up joint ventures, subsidiaries or undertaking overseas acquisitions. To promote hi-tech exports from India, the Bank has a lending programme to finance research and development (R&D) activities of export-oriented companies. During the year ended 31st March, 2013, EXIM Bank sanctioned loans of Rs.40,960 crore, while disbursements amounted to Rs.40,635 crore. Loan Assets stood at Rs.65,563 crore as on March 31, 2013.
EXIM Bank has put in place a Technology and Innovation Enhancement and Infrastructure Development (TIEID) Fund of US$ 500 million exclusively for MSMEs by partnering with Banks/FIs. TIEID seeks to meet long term foreign currency loan requirements of the MSME sector in addition to offering short-term export credit refinance in rupee and foreign currency. The Bank has put in place an Export Marketing Services (EMS) Programme to assist Indian companies in identification of prospective business partners, facilitating placement of final orders and also identification of opportunities for setting up plants or projects or for acquisition of companies overseas. During 2012-13, EXIM Bank became the first ever Indian entity to be included in the Emerging Market Bond Index. The Bank became the first Indian entity to tap the Australian Dollar market and Singapore Dollar market.
|Amount in Rs Crore|
|Profit After Tax||583.6||675.1||742.3|
|Capital to Risk Asset Ratio (%)||17.0||16.4||15.30|
|Sub Saharan Africa||SE Asia, Far East & pacific||Latin America & Caribbean||South Asia||West Asia||CIS||North Africa||Total|
|Lines of credit(Amount)||3746||578||148||2606||325||190||567||8160|
EXIM Board fo Director (114 KB)