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Banking & Credit :: EXPORT IMPORT BANK OF INDIA (EXIM BANK)
Funded Assistance Funded assistance is provided to Indian exporters to enable them to operate in international markets. In particular‚ it includes the following: 1. Loans to Indian Companies (a) Direct financial assistance to exporter in the form of medium term credit to enable them to extend deferred credit to overseas buyers; II. Loans to Foreign Governments‚ Companies and Financial Institutions
III. Loans to Commercial Banks in India
Non – funded assistance is provided in the form of guarantee in association with Indian commercial banks on behalf of Indian exporters/contractors in favour of overseas importers/employers and banks. These guarantees are in the form of bid bonds‚ advance payments and performance guarantees‚ retention money guarantees and guarantees for raising finance abroad. |
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