Company Overview of Export-Import Bank of India
Export-Import Bank of India operates as an export finance institution in India. It is involved in financing the export of Indian machinery, manufactured goods, and consultancy and technology services; various lending activities for export-oriented companies; and financing infrastructure projects for export development. The company also provides lines of credit to overseas financial institutions, regional development banks, sovereign governments, and other overseas entities; buyer’s credit; financing services, including loan programs for project finance, equipment finance, working capital requirements, and other corporate financing requirements to export-oriented Indian companies; and oversea...
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, Information Technology Group & Human Resources Management group and Chief General Manager
Group Head of Research & Analysis Group and Chief General Manager
Group Head of Legal Group & Stressed Assets Group and Chief General Manager
Group Head of Corporate Communications Group, Marketing Advisory Services Group & Eximius Center for Learning and General Manager
Compensation as of Fiscal Year 2016.
Export-Import Bank of India Key Developments
Exim Banks of India, Malaysia Ink Financial Cooperation Pact
Dec 1 15
Export Import (Exim) Bank announced that it has inked an agreement with its counterpart in Malaysia to strengthen financial cooperation. The memorandum of understanding (MoU) will also help guaranteeing and other financial mechanism to support projects of interest to both the banks. The pact was signed by Yaduvendra Mathur, Chairman and Managing Director, Export-Import Bank of India, and Norzilah Mohammed, Acting Chief Executive Officer, Export-Import Bank of Malaysia Berhad, in Tokyo on the sidelines of the Annual Meeting of the Asian Exim Banks Forum (AEBF). Under the MoU, both banks shall also endeavour to finance infrastructure and other projects in third countries where Malaysian and Indian enterprises are involved. It will also help promote economic cooperation and industrial development as per their respective mandates. Also, possibilities of financing in local currencies of eligible projects, including project finance, equipment financing, export and import financing, overseas investment financing, will also be explored.
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."
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