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Introduction to Export-Import Bank of India (EXIM Bank)

The Export-Import Bank of India (EXIM Bank) is the leading export credit agency and export financing institution in India. EXIM Bank was established in 1982 under the Export-Import Bank of India Act, 1981 to promote and finance India's international trade.

  • EXIM Bank is fully owned by the Government of India.
  • It functions as the principal financial institution for coordinating financing of exports from India.
  • EXIM Bank is headquartered in Mumbai, Maharashtra.

Some key facts about EXIM Bank:

Year Key Fact
1982 Founded under Export-Import Bank of India Act, 1981
1991 Set up Export Development Fund for SME exporters
2003 Launched RISE program for rural entrepreneurs
9 Number of regional offices across India as of 2022

The first Chairman and Managing Director of EXIM Bank was Shri R.S. Rathore. Over the years, EXIM Bank has played a crucial role in supporting and developing India's export capabilities and overseas investment efforts.

EXIM Bank India operates a range of programs and schemes to boost exports, provide export credits, and enhance export competitiveness of Indian firms. Some major objectives and functions of EXIM Bank include:

  • Financing of exports
  • Extending buyer's credit
  • Offering export credit insurance
  • Project export finance
  • Promoting SME exports

In the next section, we will look at the key offerings and functions of EXIM Bank in more detail.

Objectives and Functions of EXIM Bank

As the premier export finance institution in India, EXIM Bank has several key objectives and functions to support the country's international trade and investment:

  • Promoting Exports - One of the main goals of EXIM Bank is to boost India's exports by providing credit facilities as well as advisory services to exporters.
  • Export Credits - EXIM Bank offers several export credit programs:
    • Pre-shipment credit
    • Post-shipment credit
    • Buyer's credit
    • Export credit insurance
  • Project Exports - EXIM Bank provides financing and support to promote Indian project exports and overseas investments.
  • Advisory Services - EXIM Bank offers a range of advisory services to assist exporters including market research, locating distributors, improving competitiveness etc.
  • Research and Analysis - EXIM Bank conducts research on international trade and finance to provide data and intelligence to exporters.
Function Description
Financing Exports Provides credits and financing to support exports
Extending Lines of Credit Offers lines of credit to overseas entities to import from India
Risk Management Manages risks in export business through credit insurance
Policy Advocacy Advocates policies to boost India's international trade

Some key beneficiaries of EXIM Bank's programs and services include SME exporters, infrastructure companies, project exporters, overseas investors etc. By supporting these sectors, EXIM Bank plays a vital role in developing India's export capabilities and integrating the country's foreign trade with economic growth.

Key Offerings and Programs of EXIM Bank

EXIM Bank provides a diverse range of offerings and programs to promote India's exports and assist exporters:

Buyer's Credit Program

  • Provides credit facilities to overseas importers to finance imports from India
  • Enables exporters to expand to new markets

Corporate Banking Services

  • Term loans, working capital finance, syndicated loans
  • Support for overseas investments and joint ventures

Marketing Advisory Services

  • Assistance with overseas market research
  • Identifying distributors and partners
  • Export strategy and planning

Research and Analysis

  • Country risk analysis reports
  • Market analysis for exports
  • Global economic and industry reports
Program Objective
Buyer's Credit Finance imports of Indian goods
Project Export Finance Support Indian infrastructure projects overseas
SME Exporters Fund Provide finance to SME exporters

Some other key offerings include export credit insurance, export-import database services, capacity building programs and CSR initiatives. By providing these comprehensive services, EXIM Bank facilitates integration of Indian businesses into the global value chains.

Organizational Structure

EXIM Bank India has a well-defined organizational structure and management system to support its operations and objectives.

Board of Directors

The Board of Directors oversees the overall functioning and strategy of EXIM Bank. It comprises:

  • Chairman and Managing Director
  • Executive Directors
  • Non-Executive Directors
  • Government and RBI officials

The Board of Directors is the key decision-making authority at EXIM Bank.

Senior Management

The senior management team includes:

  • Chairman and Managing Director
  • Executive Directors
  • General Managers

They are responsible for day-to-day operations, business development, risk management, and other functions.

Business Divisions

EXIM Bank has several strategic business divisions:

  • Corporate Banking - term loans, working capital finance, syndicated loans
  • SME Business - credit and services for SME exporters
  • Project Finance - financing overseas projects
  • Export Services - trade finance, insurance, advisory services

Support Functions

Some key support functions at EXIM Bank include:

  • Risk Management - manages credit, market and operational risks
  • Treasury - handles assets, liabilities management and fundraising
  • IT - manages technology infrastructure and systems
  • HR - recruitment, training and staffing activities
  • Compliance & Audit - ensures legal/regulatory compliance and auditing
Division Key Responsibilities
Corporate Banking Corporate lending and banking services
SME Business Financing and support programs for SME exporters
Project Finance Handling project export contracts and finance

Regional Offices

EXIM Bank has a network of 9 regional offices across India to cater to exporters and importers. Key locations include Delhi, Mumbai, Chennai, Kolkata among others.

Overseas Offices

EXIM Bank has 8 overseas offices including in Washington, Johannesburg, Singapore etc. to expand its international presence.

This organizational structure with decentralized regional offices and specialized divisions allows EXIM Bank to effectively deliver its services and offerings to exporters across India. The overseas offices also facilitate trade and investment partnerships globally.

Recent Developments

EXIM Bank continues to evolve and expand its role in supporting India's international trade and strategic interests globally. Some recent developments at EXIM Bank include:

Government Capital Infusion

  • The Indian government has recently infused ₹1500 crore capital into EXIM Bank
  • This enables EXIM Bank to undertake new programs and initiatives
  • Additional capital will boost lending capacity for exports and overseas projects

Support for Textile Industry

  • EXIM Bank is providing funding and support to boost exports from India's textile industry
  • This includes financing weavers, exporters, apparel manufacturers
  • Will enhance competitiveness of Indian textiles globally

Concessional Financing

  • EXIM Bank has introduced changes in concessional finance scheme guidelines
  • The revamped scheme aims to make project exports more competitive
  • Lowers interest rates and longer tenures to help exporters


  • EXIM Bank has partnered with banks globally including US Exim Bank, AFREXIM Bank etc.
  • These partnerships foster co-financing and risk participation for Indian exporters
  • Allows information sharing to support Indian businesses overseas

International Expansion

  • EXIM Bank aims to expand its presence in Latin America, CIS countries and Africa
  • Will open new representative offices in these markets
  • Strengthen operational capabilities to boost Indian exports

Through these measures, EXIM Bank continues to evolve as a dynamic institution supporting the changing needs of exporters and India's trade priorities. The renewed impetus will help EXIM Bank catalyze India's exports and overseas investments.


The Export-Import Bank of India (EXIM Bank) plays a pivotal role in empowering India's global trade and investment. Since its establishment in 1982, EXIM Bank has been at the forefront of executing India's export-led growth strategy.

With a range of financing programs, credit facilities and advisory services, EXIM Bank enables Indian exporters to compete globally and expand to new markets. It also partners with overseas financial institutions to provide lines of credit that facilitate exports to developing countries.

Going forward, EXIM Bank is furthering India's trade interests through strategic partnerships, capital infusion from the government, and supporting key sectors like infrastructure and textiles. Its growing international presence also allows EXIM Bank to promote Indian exports across geographies.

Despite global headwinds, EXIM Bank continues to be a catalyst for unlocking India's export potential and integrating the country into global trade flows. Its specialized offerings make EXIM Bank an invaluable ally for Indian exporters looking to succeed in international business. By evolving with India's policy priorities, EXIM Bank is playing a pivotal role in realizing the vision of an export-oriented Indian economy.


Q1. When was the Export-Import Bank of India (EXIM Bank) established?

A1. EXIM Bank was established in 1982 under the Export-Import Bank of India Act, 1981.

Q2. What is the ownership structure of EXIM Bank?

A2. EXIM Bank is fully owned by the Government of India.

Q3. What are some key objectives of EXIM Bank?

A3. Key objectives include promoting India's exports, providing export credits, project export finance, research and advisory services for exporters.

Q4. What are some major programs offered by EXIM Bank?

A4. Major programs include buyer's credit, lines of credit, SME exporters support, marketing advisory services, project export finance.

Q5. How does EXIM Bank support the growth of SME exporters in India?

A5. EXIM Bank provides specialized financing, capacity building and advisory services to SMEs to help them expand exports and go global. It also provides market research support to SMEs.















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