Exim Bank was set up in 1981 by an Act of Parliament with the motive of financing, facilitating, and promoting India’s foreign trade. It is the foremost financial institution in the country for coordinating the functioning of organizations engaged in financing imports and exports. Exim Bank is completely owned by the Government of India.

Exim Bank provides finance related help to export-oriented Indian companies through term loans in Indian National Rupees or foreign denomination for setting up new facilities, expansion, or improvement of existing facilities and for acquiring the production equipment or technology. It takes special measures on extension of Lines of Credit to overseas entities, national governments, local financial institutions, and commercial banking entities. It also extends Buyers’ and Suppliers’ credit to promote financing of country’s exports.

Exim Bank has a lending programme to finance research and development activities of export-related companies to promote hi-tech exports from India. It has put in place an Export Marketing Services Programme to assist Indian institutions in identifying the prospective business partners, facilitation of placement of final orders and also identification of opportunities for setup of plants or projects or for acquiring process of companies overseas.

Exim Bank supplements its financing initiatives with a vast value-added information, advisory and support services, which helps exporters to evaluate international risks, use export opportunities and improve healthy competitiveness, therefore helping them in efforts of globalisation.

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