Export-Import Bank of India
Last updated on 19 Feb 2024

Key facts


An agency that promotes cross-border trade and investment to help India maximize its potential and meet and exceed its vision.

Centre One Building, Floor 21
World Trade Centre Complex
Cuffe Parade
Mumbai 400-005

+91 022 22172600

www.eximbankindia.in
PUBLIC
1981
Credit rating (Fitch)
BBB-
BBB-
Foreign currency
Local currency

Authorizations, exposure, and country export data


2023 top export sectors

Petroleum products
22%
Chemicals
13%
Capital goods
9%
Agricultural products
9%
Textiles
8%

2022 export destinations

Asia

43 %

Americas

24 %

Europe

20 %

Africa

11 %

Oceania

2 %

Financing modalities


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Products


  • Supports overseas buyers with deferred payment terms so they can import eligible goods and services from India
  • Focused on supporting Indian SME exporting opportunities
  • Eligibility:
    • Financing for all types of projects and services
    • Available for single or ongoing purchases, including from an overseas subsidiary of an Indian company
  • Tenor: Medium and long-term
  • Targeted towards Indian SMEs to enhance export competitiveness, including rural entities and available to all Indian companies
  • Research and development finance for export-oriented sales, covering both capital and revenue expenditure
  • Eligibility: Companies whose actual or projected exports are more than 20% of annual revenue
  • Tenor: Up to 7 years; longer tenors considered case-by-case
  • Amount: Up to 80% of the total project cost can be financed
  • Sub-products:
    • Pre-shipment/post-shipment program in the form of L/C and bank guarantees
    • Lending program for export-oriented units: Term loans to export-oriented Indian companies for capital expenditures to enhance international competitiveness with tenors of 7–10 years
    • MSME credit line from Asia Development Bank: Foreign currency term loan for borrowers to use for capital expenditures in specific lagging states, such as Assam, Madhya Pradesh, Orissa, Uttar Pradesh, Chhattisgarh, Jhakhand, Rajasthan and Uttarakhand, with tenors of up to 7 years
    • Technology and Innovation Enhancement and Infrastructure Development Fund (TIEID): Scheduled commercial banks in India having acceptable credit risk for on-lending to MSME units, minimum export orientation of 10% of annual turnover; loan to be used for technology upgrade, capacity creation, common infrastructure development (e.g., captive power plant, common effluent treatment, plant, hazardous waste disposal facility, and testing facilities)
    • Lending Program for Financing Creative Economy: Aimed to create wealth and jobs in the heritage, cultural expressions, cultural sites, arts, performing arts, media, audio visuals, new media, functional creations, design, and creative services industries
    • Finance for Grassroots Enterprise: Supports globalization of enterprises with export potential based in rural areas of India for capacity building, development of common facility centers, construction of raw material bank, technology upgrade, and creation of export capability
    • Eligibility: Entity must be registered under respective State/Central Government Act as a Society, Trust, Co-operative, Private Limited Company, Producer Company, or NGO
  • Available to Indian companies to support equity investments and intra-company loans to their overseas joint ventures, as well as wholly-owned subsidiaries
  • Tenor: Typically, 5–7 years
  • Currency: INR and foreign currency of the overseas entity
  • Supports Indian exporters’ execution of export contracts
  • Advance payment guarantee: Helps secure a project mobilization advance of up to 10%–20% of the contract value
  • Performance guarantee: Up to 5%–10% of contract value
  • Retention money guarantee: Enables exporter to obtain retained payments from foreign client prior to project or final acceptance
  • Available to Indian EPC exporters
  • Pre-shipment credit to purchase raw materials and other inputs to facilitate exports
  • Available in INR and USD
  • Post-shipment credit (supplier credit)
  • For Indian exporters to enter new geographies or expand their business in existing export markets; primarily a tool to help Indian SMEs expand internationally
  • Lines are extended to overseas financial institutions, regional development banks, sovereign governments and their central banks, and other overseas entities for import of Indian goods and services
  • The financial institution recipients of the lines of credit act as intermediaries and on-lend to overseas buyers
  • Assists foreign buyers to import developmental and infrastructure projects, equipment, and goods and services from India on deferred credit terms
  • Lines can be extended directly by India Eximbank or at the behest and support of the Government of India
  • Eligibility: Minimum of 75% Indian content (65% on case-by-case basis)
  • Under the auspices of the Global Trade Finance program of the International Finance Corporation, and available for L/Cs, standby L/Cs, demand guarantees, and other instruments to cover risk of issuing bank (all must be IFC pre-approved lenders)
  • Currency: USD, EUR, JPY
  • Ubharte Sitaare Programme: Provides mix of structured support covering equity, debt and technical assistance Indian companies that are future champions with good export potential

Policies


  • Sponsor of the International Economic Research Annual Award, meant to stimulate the research in international economics, trade, and related topics
    • Oriented towards SMEs with ability to penetrate global markets, with an annual turnover of up to approx. INR 500 crore

News


  • 2023: India Exim Bank lists its maiden 10-year USD 1 billion Sustainability Bond on the London Stock Exchange’s Sustainable Bond Market (SBM) Platform
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