Diversified Financial Services
Company Overview of Export-Import Bank of India
Export-Import Bank of India operates as an export finance institution in India. The company offers a range of export credit services, such as finance for export of projects and consultancy services, capital equipment finance, export project cash-flow deficit finance, and guarantees. It also provides financing package to Indian project exporters, including funded support and project related guarantee facilities for overseas turnkey projects, civil construction contracts, technical, and consultancy service contracts, as well as for supplies. In addition, the company offers a line of credit for export of projects, equipment, goods, and services from India; financing programs for export oriented...
Centre One Building
World Trade Centre Complex
Founded in 1982
Key Executives for Export-Import Bank of India
Chairman and Managing Director
Group Head of Treasury, Accounts Group and The Information Technology Group and Chief General Manager
Group Head of Research and Analysis Group and Chief General Manager
Group Head for Lines of Credit, Administration Group and Chief General Manager
Group Head of The Bank's Legal Group and Stressed Assets Group and Chief General Manager
Compensation as of Fiscal Year 2015.
Export-Import Bank of India Key Developments
Exim Bank Signs a Multilateral Agreement with NDB
Jul 10 15
Export-Import Bank of India (Exim Bank) announced that it has signed a multilateral agreement to cooperate with New Development Bank (NDB) along with other member development banks of BRICS nations. The agreement was signed between Exim Bank Chairman and Managing Director Yaduvendra Mathur and Chairpersons or Presidents of other member development banks of BRICS in Ufa, Russia during the BRICS Summit 2015. This MoU is aimed at sharing of knowledge, information and best practices; capacity building of personnel, including project development skills; promotion of joint events, research and programmes; development of effective and sustainable financing solutions for projects of mutual interest.
EXIM Plans To Raise INR 130 Billion In FY16
Mar 5 15
Export-Import Bank of India is planning to raise an additional INR 130 billionin the next fiscal. During the Budget presentation made by Union Finance Minister Arun Jaitley last week, a sum of INR 13 billion of capital has been earmarked for the EXIM Bank. Deputy Managing Director David Rasquinha said, "Last year also we received INR 13 billion as capital. I want to emphasize this capital is for the bank to grow. It is not because we are not meeting capital adequacy ratio. If the government gives INR 13 billion, we can borrow up to 10 times of that number" He further said, "From the government's allocation of INR 13 billion, we may raise up to INR 130 billion using various instruments. Last year the bank raised about $1.3 billion from various markets."
Export-Import Bank of India Reports Earnings Results for the Half Year Ended September 30, 2014
Dec 17 14
Export-Import Bank of India reported earnings results for the half year ended September 30, 2014. For the period, the company reported total income of INR 36.53 billion compared to INR 36.67 billion a year ago. Provision for income tax was INR 1.68 billion against INR 2.21 billion a year ago.
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