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Exim Bank is fully owned by the Government of India and is managed by
the Board of Directors with repatriation from Government, financial
instiutions, banks and business community. The Export- Import Bank of
India (Exim Bank) provides financial assistance to promote Indian
exports through direct financial assistance, overseas investment
finance, term finance for export production and export development,
pre-shipping credit, buyer's credit, lines of credit, relending
facility, export bills redixcounting, refinance to commercial banks. The
Exim Bank also extends non-founded facility to Indian exporters in the
form of guarantees. The diversified lending programme of the Exim Bank
now covers various stagesof exports, i.e., from the developemnt of
export makers to expansion of production capacity for exports, producton
capacity for exports, production for exports and post- shipment
financin. The Exim Bank's focus is on export of manufactured goods,
project exports, expoports, of technology services and exports of
computers software.
FINANCING PROGRAMMES
Loans to Indian Companies
Deferred payment exports : Term finance is provided to Indian exporters
of eligible goods and services which enables them to offer deferred
credit to overseas buyers. Deferred credit can also cover Indian
consultanc, technology and other services. Commercial banks participate
in this programme directly or under risk syndication arrangements.
Preshipment credit : finance is available form Exim Bank for companies
executing export contracts involving cycle time exceeding six months.
The facility also enables provision of rupee mobilisation expenses for
construction/turnky project exporters.
Term loans for export prodcution : Exim Bank provides term
loans/deferred payment guarantees to 100% export.oriented units, units
in free trade zones and computer software exporters. In commaboration
with International Finance Corporation.Washington, Exim Bank provides
loans to enable small and medium enterprises upgrade export production
capability. Facilities for deeded exports; Deemed exports are eligible
for funded and non- funded facilities from Exim Bank.
Overseas Investment finance : Indian companies establishing joint
ventures overseas are provided finance towards their equity contribution
in the joint venture.
Finance for export marketing : This programme, which is a component of
a World Bank loan, helps exporters implement their export market
development plans.
Loans to Foreign Goverments, Companies and financial
Institutions
Overseas Buyer's Credit : Credit is directly offered to foreign
entities for import of eligible goods and related services,on deferred
payment.
Lines of Credit : Besides foreign goverments, finance is available to
foreign finandial institutions and goverment agencies to on-lend in the
respective country for import of goods and services from India.
Relending Facility to Banks Overseas : Relending facility is extended
to banks overseas to enable them to provide term finance to their
clients world-wide for imports from India.
Loans to Commercial Banks in India
Export Bills Rediscounting : Commercial Banks in India who are
authorised to deal in foreign exchange can rediscount their short term
export bills with Exim Banks, for an unexpired usance period of not more
than 90 days.
Refinance of Export Credit : Authorised dealers in foreign exchange can
obtain from Exim Bank 100% refinance of de3ferred payment loans extended
for export of eligible Indian goods.
Guaranteeing of Obligations
Exim Bank participates with commercial banks in India in the issue of
guarantees required by Indian companiesfor the export contracts and for
exzewcution of overseas construction and turnkey projects.
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