Description
Describing about what is exim bank and what are the services offered by exim banks.
Sengupta
1
ESTABLISHED BY AN ACT PASSED IN PARLIAMENT WHOLLY GOVERNMENT OWNED
BEGAN OPERATIONS ON 1ST MARCH, 1982
HEAD OFFIC AT MUMBAI WITH BRANCH OFFICES AT 4 METROS AND AHMEDABAD, BANGALORE, GUWAHATI, HYDERABAD & PUNE OVERSEAS OFFICES AT DUBAI, JO’BURG, LONDON, SINGAPORE AND WASHINGTON DC & DAKAR.
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THE BOARD CONSISTS OF REPS FROM GOVT, BANKING SECTOR, FIs AND TRADE & INDUSTRIES
PAID UP CAPITAL (FY 05-06) INR 9.5 BILLION NET PROFIT (FY 05-06) INR 3.76 MILLION CAN RAISE RESOURCES FROM LOCAL AND INTERNATIONAL MARKET
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FINANCING, FACILITATING & PROMOTING INDIA’ FOREIGN TRADE :
? Bank provides exports of Indian machinery, manufactured goods, consultancy and technology services on deferred payment terms ? Lines of credit/buyer's credits are extended to overseas entities i.e. governments, central banks, commercial banks, development finance institutions, regional development banks for financing export of goods and services from India
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CREATING EXPORT CAPABILITIES IN VARIOUS STAGES ? EXPORT PRODUCT DEVELOPMENT
? EXPORT PRODUCTION
? EXPORT MARKETING
? PRE SHIPMENT CREDIT
? POST SHIPMENT CREDIT
? IMPORT OF TECHNOLOGY
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RANGE OF PRODUCTS & SERVICES SUPPORTING INTERNATIONAL TRADE
FUNDED ? EXPORT CREDIT NON -FUNDED ? BID BOND ?ADVANCE PAYMENT GUARANTEE ? PERFORMANE GUARANTEE ? GUARANTEE AGAINST OVERSEAS BORROWING
? FOREIGN CURRENCY LOANS
? OVERSEAS BUYER’S CREDIT
? REFINANCE OF EXPORT CREDIT
? REDISCOUNTING OF EXPORT BILLS Sengupta
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LINE OF CREDIT
1. Exim Bank signs agreement with Borrower and announces when effective. Exporter checks procedures and Service fee with Exim Bank and negotiates contract with Importer. 2. Importer consults borrower and signs contract with exporter. 3. Borrower approves contract. 4. Exim Bank approves contract and advises borrower and also exporter and commercial bank. 5. Exporter ships goods. 6. Commercial bank negotiates shipping documents and pays exporter. 7. Exim Bank reimburses Commercial bank on receipt of claim by debit to borrower. 8. Borrower repays Exim Bank on due date.
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LINE OF CREDIT
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OTHER SERVICES
? The globalization and post-WTO scenario offers considerable scope for exports of Indian agricultural products. Exim Bank has a dedicated Agri Business Group to cater to the financing needs of export oriented companies dealing in agricultural products.
? Indian SMEs require business advisory services to enhance their international competitiveness in a highly competitive globalising world. The SMEs find the services of reputed national and international consultants as not cost effective and often, not adequately focused. Recognising this knowledge gap, Exim Bank of India has been endeavouring to provide a suite of services to its SME clients.
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doc_364393848.ppt
Describing about what is exim bank and what are the services offered by exim banks.
Sengupta
1
ESTABLISHED BY AN ACT PASSED IN PARLIAMENT WHOLLY GOVERNMENT OWNED
BEGAN OPERATIONS ON 1ST MARCH, 1982
HEAD OFFIC AT MUMBAI WITH BRANCH OFFICES AT 4 METROS AND AHMEDABAD, BANGALORE, GUWAHATI, HYDERABAD & PUNE OVERSEAS OFFICES AT DUBAI, JO’BURG, LONDON, SINGAPORE AND WASHINGTON DC & DAKAR.
Sengupta
2
THE BOARD CONSISTS OF REPS FROM GOVT, BANKING SECTOR, FIs AND TRADE & INDUSTRIES
PAID UP CAPITAL (FY 05-06) INR 9.5 BILLION NET PROFIT (FY 05-06) INR 3.76 MILLION CAN RAISE RESOURCES FROM LOCAL AND INTERNATIONAL MARKET
Sengupta
3
Sengupta
4
FINANCING, FACILITATING & PROMOTING INDIA’ FOREIGN TRADE :
? Bank provides exports of Indian machinery, manufactured goods, consultancy and technology services on deferred payment terms ? Lines of credit/buyer's credits are extended to overseas entities i.e. governments, central banks, commercial banks, development finance institutions, regional development banks for financing export of goods and services from India
Sengupta
5
CREATING EXPORT CAPABILITIES IN VARIOUS STAGES ? EXPORT PRODUCT DEVELOPMENT
? EXPORT PRODUCTION
? EXPORT MARKETING
? PRE SHIPMENT CREDIT
? POST SHIPMENT CREDIT
? IMPORT OF TECHNOLOGY
Sengupta 6
RANGE OF PRODUCTS & SERVICES SUPPORTING INTERNATIONAL TRADE
FUNDED ? EXPORT CREDIT NON -FUNDED ? BID BOND ?ADVANCE PAYMENT GUARANTEE ? PERFORMANE GUARANTEE ? GUARANTEE AGAINST OVERSEAS BORROWING
? FOREIGN CURRENCY LOANS
? OVERSEAS BUYER’S CREDIT
? REFINANCE OF EXPORT CREDIT
? REDISCOUNTING OF EXPORT BILLS Sengupta
7
LINE OF CREDIT
1. Exim Bank signs agreement with Borrower and announces when effective. Exporter checks procedures and Service fee with Exim Bank and negotiates contract with Importer. 2. Importer consults borrower and signs contract with exporter. 3. Borrower approves contract. 4. Exim Bank approves contract and advises borrower and also exporter and commercial bank. 5. Exporter ships goods. 6. Commercial bank negotiates shipping documents and pays exporter. 7. Exim Bank reimburses Commercial bank on receipt of claim by debit to borrower. 8. Borrower repays Exim Bank on due date.
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LINE OF CREDIT
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OTHER SERVICES
? The globalization and post-WTO scenario offers considerable scope for exports of Indian agricultural products. Exim Bank has a dedicated Agri Business Group to cater to the financing needs of export oriented companies dealing in agricultural products.
? Indian SMEs require business advisory services to enhance their international competitiveness in a highly competitive globalising world. The SMEs find the services of reputed national and international consultants as not cost effective and often, not adequately focused. Recognising this knowledge gap, Exim Bank of India has been endeavouring to provide a suite of services to its SME clients.
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doc_364393848.ppt