Export-Import Bank of India (Exim Bank, In short) is a wholly cerement-ownedfinancial institution, set up for the purpose of financing, facilitating and promoting Indian’s ‘foreign trade. Objectives: - To translate national foreign trade policies into concrete action points. - To provide alternate financing solutions to the Indian exporter, aiding him in his efforts to be internationally competitive. - To develop mutually beneficial relationships with the international financial community - To initiate and participate in debates on issues central to India's international trade. - To forge close working relationships with other exportdevelopment and financing agencies, multilateral funding agencies and national trade and investment promotion agencies. - To anticipate and absorb new developments in banking, export financing and information technology. - To be responsive to export problems of Indian exporters and pursue policy resolutions.
Exim Bank plays a four-pronged role with ‘regard to India’s foreign trade: those of a coordinator, a source of finance, consultant and promoter. Exim Bank offers a diverse range of financing services for the Indian exporter, including a variety of Export Credit Facilities and Finance for Export