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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;
(b) Overseas investment finance to enable Indian promoters of overseas  joint ventures to finance equity participation in the form of export of plant and machinery or cash remittances;
(c) Technology and consultancy services;
(d) Pre-shipment credit to finance export contracts for capital goods.

II. Loans to Foreign Governments‚ Companies and Financial Institutions

  1. Overseas buyers credit directly to foreign importers for importers for import of Indian capital goods and related services;
  2. Lines of credit to foreign Governments and financial institutions for import of Indian capital goods and related services;
  3. Re-lending facilities to banks overseas to enable them to provide term finance for import of Indian capital goods.

III. Loans to Commercial Banks in India

  1. Export bills rediscounting facility;
  2. Refinance of export credit.

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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