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    Profile Of EXIM Bank:

    The Export-Import Bank of India (Exim Bank) completed 24 years of

    operations in March 2006. It was established by an Act of Parliament known

    as the Export-Import Bank of India Act 1981 and commenced operations in

    March 1982. Exim Bank is wholly owned by the Government of India. Exim

    Bank was set up for the purpose of financing, facilitating and promoting

    foreign trade in India and also to provide financial assistance to exporters

    and importers and for functioning as the principal financial institution for

    coordinating the working of institutions engaged in financing export andimport of goods and services with a view to promoting the countrys

    international trade.

    It has a high-powered Board of Directors comprising: A Deputy Governor of

    Reserve Bank of India, Chairmen of IDBI, ECGC, Representatives of the

    Ministries of Finance, Commerce, Industry, External Affairs and Planning,

    Chairmen of scheduled banks and professionals from trade and industry.

    Over the years, Exim Bank has developed 35 lending programmes covering

    all stages of the export cycle namely Import of Technology, Export Product

    Development, Export Production, Export Marketing , Pre-shipment, Post-

    shipment, Investment Abroad

    Financial Highlights

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    Offices

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    Head office -Mumbai

    A network of 14 offices in India and Overseas

    Domestic Offices:

    Ahmedabad, Bangalore, Chennai, Guwahati, Hyderabad, Kolkata, Mumbai,

    New Delhi, Pune.

    Overseas Offices:

    http://www.eximbankindia.com/about-offi.html#indiahttp://www.eximbankindia.com/about-offi.html#worldhttp://www.eximbankindia.com/bin/imagemap.new/exim-india.maphttp://www.eximbankindia.com/about-offi.html#indiahttp://www.eximbankindia.com/about-offi.html#world
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    Budapest, Johannesburg, London, Singapore, Washington DC.

    Head Office

    Centre One Building, Floor 21,

    World Trade Centre Complex,

    Cuffe Parade, Mumbai 400 005.

    Phone: 22185272,

    Fax: 22182572

    E-mail: [email protected]

    mailto:[email protected]://www.eximbankindia.com/bin/imagemap.new/exim-world.mapmailto:[email protected]
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    Exim Bank - Business Profile

    THE OPERATIONS ARE GROUPED AS BELOW:

    EXPORT CREDITS

    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

    1. Project Finance

    2. Trade Finance

    EXPORT CAPABILITY CREATION

    Export Product Development

    Export Marketing Finance

    Export Oriented Units

    1. Project Finance

    2. Working Capital

    3. Production Equipment Finance

    European Community Investment Partners (ECIP)

    Asian Country Investment Partners (ACIP)

    Overseas Investment Finance

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    Export Facilitation Programmes

    1. Software Training Institutes

    2. Minor Ports Development

    EXPORT SERVICES

    In addition to finance, Bank provides a range of information and

    advisory services to Indian companies to supplement their efforts

    aimed at globalisation of Indian business.

    SUPPORTING GROUPS

    1. Planning & Research

    2. Corporate Finance

    3. Legal

    4. Corporate Affairs

    5. Human Resource Management

    6. Establishment

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    Exim Bank: An Organisational Environment

    conducive to achieving excellence

    Organisational Chart

    Board Of Directors

    Culture

    Financial Highlights

    ORGANISATIONAL CHART

    Exim Bank is fully owned by the Government of India and is

    managed by a Board of Directors with representation from

    Government, financial institutions, banks, business community.

    The Bank is professionally run with a total staff of 190 who are drawn

    from six major streams: commercial and development banking,

    engineering, economics, accountancy, computer technology and

    business school graduates

    ORGANISATIONAL CULTURE

    Bank offers a congenial and challenging work environment.

    Salient features of the work environment are emphasis on office

    automation, an open office system, an independent 'doer's' work

    culture, minimization of hierarchical constraints in organisational

    functioning, and multi-disciplinary inputs in decision making.

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    itself in a different mould right from inception without being saddled with a

    legacy of outmoded work practices. Some salient features of the work

    environment are the emphasis on office automation, an open office system,

    an independent "doer's" work culture, minimisation of hierarchical

    constraints in organisational functioning, and multi-disciplinary inputs in

    decision making. Exim Bank is an officer oriented organisation. Officers

    work independently and self-sufficiently in all the activities that their job

    entails. A sense of togetherness and common purpose is sought to be

    fostered by the Bank's in-house publication Eximius, and the annual staff

    get-together. The Eminent Persons Lecture Series brings persons who have

    achieved eminence in diverse fields to interact and share their experience

    with officers.

    Degree Of Emphasis

    Exim Bank operates at the frontier of available office automation and

    technology. The Bank believes that human resources should primarily be

    utilized for activities that require knowledge, skills, analysis and

    discretionary choices. An array of state-of-the-art computer hardware,

    software, and telecommunications are available to the Bank's personnel.

    Members of the staff make use of these facilities to the fullest extent feasible

    not only for non-discretionary activities but also as necessary tools for

    optimizing their work output both in terms of quantity and quality. The lean

    staff strength makes it possible for the Bank to provide each officer with

    his/her own personal computer as well as unlimited access to office

    automation and technology.

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    Multi-disciplinary inputs

    The complexity of the Bank's functions requires cross-disciplinary inputs for

    effective and correct decision-making. Thus, all important decisions are

    taken with the aid of inputs from relevant specialists within the Bank. This

    enables a comprehensive micro and macro level assessment of risks and

    rewards. Through this process of collegiate decision making, team work and

    inter personal skills are deployed to the fullest extent so as to make optimum

    use of the Bank's diverse human resources.

    Objective of the Young Professionals Programme

    The Young Professionals Programme is the entry-point for a career with

    Exim Bank. The Bank requires skills relating to various disciplines e.g.

    business management, banking, economics, accountancy and engineering.

    Prior work experience is neither expected, nor considered necessary. Right

    from the very first year, young professionals will be working independently

    on challenging assignments. The Young Professionals Programme offers an

    exciting and challenging career to those with the capability and desire to

    operate at the cutting edge of India's globalisation process.

    Long-term career prospects

    Except for those positions where highly specialised skills are needed, the

    Bank does not normally recruit directly to higher professional positions.

    Thus, young professionals who are committed to a long-term career in the

    bank, can expect to rise to the upper echelons of the Bank's management in

    due course of time. Career growth is determined by performance and merit,

    based on an objective and structured system of evaluation. The Bank

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    anticipates a major expansion and diversification of its activities in the

    medium and long run, largely because of the opportunities arising from

    India's ongoing globalisation efforts. Therefore, young professionals can

    look forward to a fruitful career with the Bank.

    Training Programme

    Given the complexity of the Bank's operations, as reflected by the many

    specialised groups and work-skills, young professionals need to spend time

    gaining exposure and knowledge of the various activities and skills utilised

    in the Bank. This is especially necessary because efficient decision makingin the Bank requires knowledge of a variety of skills and practices. Working

    with various groups, young professionals become fully conversant with all

    the critical functions and activities. They are also actively involved in

    appropriate assignments entailing individual responsibility.

    The Bank is unique in its global and national network of institutional and

    professional linkages. The five overseas offices - at Washington D.C.,

    Singapore, Budapest, London and Johannesburg - have helped forge

    strategic institutional linkages for the Bank with multilateral agencies such

    as Multilateral Investment Guarantee Agency, World Bank, Asian

    Development Bank, African Development Bank, Export Credit Agencies,

    Trade and Investment Promotion Agencies abroad. The Bank's extensive

    global network, supported by the Indian Missions abroad facilitatesinteraction with such agencies and opens up new opportunities for

    knowledge building and upgradation of skills.

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    Learning opportunities are created for officers by way of participation in

    seminars and exhibitions (in India and abroad) sponsored by the Bank, with

    a view to preparing them to perform roles / jobs which they may be required

    to take up in the future as they go up in the organisational hierarchy, or if the

    Bank is venturing into new areas through joint ventures or expansion. State-

    of-the-art training in highly specialised areas is furthered by the new

    initiatives of the Bank, establishing links with multilateral agencies such as

    MIGA, IFC Washington and the World Bank. Special programmes

    organised in coordination with these agencies are customised to meet the

    specific requirements of the Bank.

    Salary

    During the training period, young professionals are paid a monthly stipend

    of Rs. 15,000/-. Thereafter, upon absorption as Manager, salaries would

    correspond to the scale for this cadre. Currently, gross emoluments at the

    minimum of the scale amount to about Rs. 17,900/-. "Dearness Allowance,"

    which constitutes a component of salaries, changes at quarterly intervals to

    reflect movements in the price index. Therefore, actual salaries in the scales

    alter periodically.

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    Perquisites

    Apart from the salary, the Bank provides attractive perquisites, the monetary

    equivalent of which is considerable, in relation to the salary. A major

    perquisite which the Bank endeavours to provide to young professionals is

    furnished bachelor accommodation, based on need and subject to

    availability. Individual rooms in the Bank's furnished flats with common

    kitchen and lounge are allotted to young professionals wherever possible.

    Until now, all young professionals joining the Bank have been provided with

    accommodation. As regards family accommodation, the Bank can consider

    the same subject to availability. Another valuable perquisite is the scheme

    for reimbursement of fees for the purpose of acquisition of skills considered

    useful to the Bank - for instance, computer skills, foreign languages.

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    Eximius Display Centre

    Bank offers to Indian companies, product display facilities of international

    standards in India and abroad

    Display centre at the Head office was set up in mid 1994. Centre exhibits

    range of products manufactured and exported by Indian companies to

    discerning markets including USA and Japan

    Around 50 companies whose products are displayed at H.O are among the

    five hundred that have been financed and nurtured by Bank

    The products represent three broad categories: industrial products, consumer

    durables and consumer products

    Our offices in Budapest and London have display centres which allow

    Indian companies to display their products for longer periods

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    Eximius Centre For Learning : A Place of Global Excellence

    THE CONCEPT

    Eximius, from the Latin language means 'set apart and eminent'. It is

    Exim's initiative addressed at enhancing the capabilities of the

    industrial and financial communities in India and other developing

    countries, and bringing proposals of trade and investment to them. It

    offers them access to contemporary thinking in international trade and

    finance, entry to markets and technologies, and support in joining the

    global economy.

    The programmes are result-oriented and practical, designed to ensure

    that concrete outcomes emerge from every meeting.

    The eventual aim is to establish an international hub of information

    interchange between industries and institutions, and amongst

    industries in different countries;, a beacon for all developing counties

    and a place of global excellence, in learning and in business.

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    ACTIVITIES

    The Centre aims to keep the companies, which wants to go global,

    abreast of the changing global scenario. It conducts two events viz.,

    organizes meeting between industry groups in different countries and

    businesspersons in India, involves skill building through interactive

    workshops and seminars that involve the participant in the learning

    process thus enhancing the competencies of the participants. "Virtual

    Faculty"- a concept which enables it to source the best available

    instructors to address the issues of the day.

    The Centre has tailor-made courses for the officials of the export

    credit agencies in other developing countries. It has also holds in-

    house programmes.

    Apart from organizing the above programmes, it also conducts

    research on issues of importance to its constituency that focuses on

    generating information, its usefulness and its immediate

    implementation within reasonable time frame.

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    FINANCE & SERVICES

    EXIM INDIA offers a range of financing programmes that match the menu

    of Exim Banks of the industrialised countries. However, the Bank is atypical

    in the universe of Exim Banks in that it has over the years evolved, so as to

    anticipate and meet the special needs of a developing country. The Bank

    provides competitive finance at various stages of the export cycle covering:

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    EXIM INDIA operates a wide range of financing and promotional

    programmes. The Bank finances exports of Indian machinery, manufactured

    goods, consultancy and technology services on deferred payment terms.

    EXIM INDIA also seeks to co finance projects with global and regional

    development agencies to assist Indian exporters in their efforts to participate

    in such overseas projects.

    The Bank is involved in promotion of two-way technology transfer through

    the outward flow of investment in Indian joint ventures overseas and foreign

    direct investment flow into India. EXIM INDIA is also a Partner Institution

    with European Union and operates for facilitating promotion of joint

    ventures in India through technical and financial collaboration with medium

    sized firms of the European Union.

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    FINANCE:

    Guidelines on Project & Services Exports

    Issued by RBI under Sec. 47 of Foreign Exchange Management Act,

    1999

    Types of Exports covered :

    o Export of Goods on Deferred Payment Terms (e.g. Export of

    machinery, equipment, manufactured products)

    o Turnkey Projects (e.g. Setting up of Sugar Plant, Cement

    Plant)o Construction Projects (e.g. Construction of Roads, Dams,

    Bridges)

    o Consultancy & Technical Services (e.g. Operation &

    Maintenance Contracts)

    o Collectively referred to as 'PROJECT & SERVICES

    EXPORTS'

    Definition of Deferred Payment Exports

    In terms of Regulation 9 of the Foreign Exchange Management Act

    1999, the amount representing the full export value of goods exported

    must be realised and repadriated to India within 6 months of date of

    export.

    Exports where more than 10% of the value is realised beyond the

    prescribed period, i.e., 6 months from date of shipment, are treated as

    Deferred Payment Exports

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    Delegation of Powers

    Post-Award Clearance of Export Contracts

    TURNKEY, CONSTRUCTION & SUPPLY BIDS / CONTRACTS:

    Upto Rs. 50 crores : Scheduled Commercial Banks

    Upto Rs. 200 crores : Exim Bank

    Above Rs. 200 crores : Working Group

    SERVICES BIDS / CONTRACTS :

    On Cash Terms :

    Upto Rs. 5 crores : Scheduled Commercial Banks

    Upto Rs. 10 crores : Exim Bank

    Above Rs. 10 crores : Working Group

    On Deferred Payment Terms :

    For any amount : Working Group

    FUNDED

    Lines Of Credit:

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    General Guidelines on Exim Lines of credit

    Introduction

    Exim Bank extends lines of credit to overseas governments/agencies

    nominated by them or financial institutions overseas to enable buyers in

    those countries to import capital/engineering goods, industrial manufactures

    and related services from India on deferred payment terms. This facility

    enables importers in those countries to import from India on deferred credit

    terms as per the terms and conditions already negotiated between Exim Bank

    and the overseas agency. The Indian exporters can obtain payment ofeligible value from Exim Bank against negotiation of shipping documents,

    without recourse to them.

    Features

    The lines of credit are denominated in convertible foreign currencies or

    Indian Rupees and extended to sovereign governments/agencies nominated

    by them or financial institutions. Such governments/agencies/institutions are

    the borrowers and Exim Bank the lender. Terms and conditions of different

    lines of credit are varying and details in respect of each line of credit can be

    obtained from Exim Bank. It would need to be ascertained from time to time

    that the lines of credit have come into effect and uncommitted balance is still

    available for utilisation. Indian exporters also need to ascertain the quautum

    of service fees payable to Exim Bank on account of prorata export credit

    insurance premium and / or interest rate differential cost that they can then

    paid up in their prices to their importers

    How it works

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    The buyer arranges to obtain allocation of funds under the credit line

    from the borrower. The exporter then enters into contract with the

    buyer, for the eligible items covered under the line of credit. The

    contracts would need to conform to the basic terms and conditions of

    the respective credit lines. (Particulars of effective lines of credit are

    available separately)

    The delivery period stipulated in the contracts should be such that

    credit can be drawn from Exim Bank within the terminal disbursement

    date stipulated under the respective line of credit agreements. Also, all

    contracts should provide for pre-shipment inspection by the buyer or

    agent nominated by buyer.

    The buyer arranges to comply with procedural formalities as

    applicable in his country and then submits the contract to the borrower

    for approval. The borrower in turn forwards copies of the contract to

    Exim Bank for approval.

    Exim Bank advises approval of the contract to the borrower, with

    copy to exporter, indicating approval number, eligible contract value,

    last date for disbursement, and other conditions subject to which

    approval is granted.

    The Buyer, on advice from the borrower, establishes an irrevocable

    sight letter of credit(L/C). A single L/C is to be opened, covering the

    full eligible value of the contract including, freight and/or insurance as

    laid down in the contract.

    The letter of credit is advised through a bank in India designated by

    Exim Bank.

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    Exporter ships the goods covered under the contract and presents

    documents for negotiation to the designated bank. The Bank forwards

    negotiated documents to the buyer.

    On receipt of clean non-negotiable set of shipment documents along

    with the relative invoices, inspection certificate and a certificate that

    documents negotiated are as per terms of L/C and without reserve

    from the negotiating bank and after having satisfied itself, that all

    formalities have been complied with in conformity with the terms of

    the Credit Agreement, Exim Bank reimburses the eligible value of

    shipment in equivalent rupees at spot exchange rate to the negotiating

    bank for payment to the exporter.

    Exim Bank debits the borrower's account and arranges to collect

    interest and principal receivable on due dates as per the terms of the

    line of credit agreement between Exim Bank and the borrower.

    It may be noted:

    Any bank charges, commission expenses payable in India as also pro-

    rata export credit insurance premium and / or interest rate differential

    cost, as may be applicable shall be to the account of the exporter. The

    exporter is advised to ascertain from EXIM Bank the amount service

    fee payable by the exporter, before entering into commercial contract

    with the overseas buyer.

    Exim Bank will not be liable to pay interest for the period between

    dates of negotiation and actual reimbursement from EXIM Bank.

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    A Variety of LINE OF CREDIT Programmes

    Particulars of the Line of Credit to Seychelles Marketing Board(SMB),

    Seychelles

    Particulars of the Line of Credit to Vneshtorgbank (Bank For Foreign

    Trade), Russian Federation

    Particulars of the Line of Credit to Banco Bradesco S.A., Brazil

    Particulars of the Line of Credit to Banco Industrial De Venezuela, C.A.

    Particulars of the Line of Credit to Banco de Comercio Exterior de

    Colombia S.A.

    Confirmation Of Letters Of Credit(L/C) By Exim Bank Under The Trade

    Facilitation Programme Of The European Bank For Reconstruction And

    Development (EBRD)

    Technology Upgradation Fund Scheme for Textile and Jute Industries

    SUPPLIER'S CREDIT:

    Supplier's Credit for deferred payment exports

    What is on offer?

    Exim Bank offers Supplier's Credit in Rupees or in Foreign Currency at

    post-shipment stage to finance export of eligible goods and services on

    deferred payment terms. An illustrative list of eligible goods is at Annexure

    1. Supplier's Credit is available both for supply contracts as well as project

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    exports; the latter includes construction, turnkey or consultancy contracts

    undertaken overseas.

    Who can seek finance?

    Exporters can seek Supplier's Credit in Rupees/ Foreign Currency from

    Exim Bank in respect of export contracts on deferred payment terms

    irrespective of value of export contracts.

    What are the general terms of Supplier's Credit?

    a. Extent of Supplier's Credit

    100% of post-shipment credit extended by exporter to overseas buyer.

    b. Currency of Credit

    Supplier's Credit from Exim Bank is available in Indian Rupees or in

    Foreign Currency.

    c. Rate of Interest

    The rate of interest for Supplier's Credit in Rupees is a fixed rate and

    is available on request. Supplier's Credit in Foreign Currency is

    offered by Exim Bank on a floating rate basis at a margin over LIBOR

    dependent upon cost of funds.

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    d. Security

    Adequate security by way of acceptable letter of credit and/or

    guarantee from a bank in the country of import or any third country is

    necessary, as per RBI guidelines.

    e. Period of Credit and Repayment

    Period of credit is determined for each proposal having regard to the

    value of contract, nature of goods covered, security, competition.

    Repayment period for Supplier's Credit facility is fixed coinciding

    with the repayment of post-shipment credit extended by Indian

    exporter to overseas buyer. However, the Indian exporter will repay

    the credit to Exim Bank as per agreed repayment schedule,

    irrespective of whether or not the overseas buyer has paid the Indian

    exporter.

    Utilisation of Credit

    Exim Bank enters into Supplier's Credit Agreement with Indian exporter as

    also with exporter's commercial bank in the event of the latter's participation

    in the Supplier's Credit. The Agreement covers details of draw-down,

    repayment, and includes an affirmation by Indian exporter that repayment to

    Exim Bank would be made on due date, regardless of whether due payments

    have or have not been received from overseas buyer.

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    i. Negotiation of Documents

    Commercial bank negotiates export documents and seeks

    reimbursement of Supplier's Credit amount.

    ii. Supplier's Credit Claims

    Commercial bank seeks reimbursement of Supplier's Credit from

    Exam Bank along with

    a. Annexure containing particulars of shipment/s made (drawal

    form and Annexure format are provided to banks at the time of

    issue of sanction).

    b. Copies of shipping documents. On satisfying itself that the

    disbursement claim is in order, Exim Bank either credits the

    amount in Rupees under Rupee Supplier's Credit into the

    account of the commercial bank, maintained with Reserve Bank

    of India (RBI) at Mumbai, or the commercial bank's Nostro

    Account under Foreign currency Supplier's Credit and advises

    details of the amount credited to bank/exporter.

    iii. Repayment of Supplier's Credit

    The exporter repays principal amount of credit to Exim Bank as per agreed

    repayment schedule. Interest amounts are payable to Exim Bank half-yearly

    without any moratorium.

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    Supplier's Credit [Regulatory Norms] - Supply/Turnkey/Construction

    RBI has laid down guidelines for project exports and export of goods from

    India on deferred payment terms. RBI's guidelines relating to Project Export

    contracts are contained in Memorandum PEM published by RBI. It is a

    priced publication and available at any of the Regional Offices of RBI

    throughout India

    Overseas Buyer's Credit:

    Credit is offered directly to overseas buyer for a specific project/ contract.

    Loan under FREPEC Programme: Financing Rupee

    Expenditure for Project Export Contracts

    About FREPEC

    This programme seeks to Finance Rupee Expenditure for Project ExportContracts, incurred by Indian companies.

    Purpose

    To enable Indian project exporters to meet Rupee expenditure

    incurred/required to be incurred for execution of overseas project export

    contracts such as for mobilisation/purchase/acquisition of materials and

    equipment, mobilisation of personnel, payments to be made in India to staff,

    sub-contractors, consultants and to meet project related overheads in Indian

    Rupees.

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    Pre-Shipment Rupee Credit

    Pre-shipment Rupee Credit is extended to finance temporary funding

    requirement of export contracts. This facility enables provision of rupeemobilisation expenses for construction/ turnkey projects. Exporters could

    also avail of pre-shipment credit in foreign currencies to finance cost of

    imported inputs for manufacture of export products to be supplied under the

    projects. Commercial banks also extend this facility for definite periods.

    Refinance of Export Loans

    Authorised Dealers in foreign exchange can obtain from Exim Bank,

    hundred percent refinance of deferred payment loans extended for export

    of eligible Indian goods.

    Forfaiting

    Forfaiting is a mechanism of financing exports.

    by discounting export receivables

    evidenced by bills of exchange or promissory notes

    without recourse to the seller (viz. exporter)

    carrying medium to long term maturities

    on a fixed rate basis (discount)

    upto 100 percent of the contract value.

    The word `forfait' is derived from the French word `a forfait' which means

    the surrender of rights.

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    Simply put, forfaiting is the non-recourse discounting of export receivables.

    In a forfaiting transaction, the exporter surrenders, without recourse to him,

    his rights to claim for payment on goods delivered to an importer, in return

    for immediate cash payment from a forfaiter. As a result, an exporter in

    India can convert a credit sale into a cash sale, with no recourse to the

    exporter or his banker.

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    Non-Funded

    Exim Bank issues following guarantees directly or in participation with

    other banks, for project export contract.

    Bid Bond

    Bid Bond is generally issued for a period of six months.

    Advance Payment Guarantee

    Exporters are expected to secure a mobilisation advance of 10-20% of the

    contract value which is normally released against bank guarantee and is

    generally recovered on a pro-rata basis from the progress payments during

    project execution.

    Performance Guarantee

    Performance guarantee for 5-10% of contract is issued, valid upto

    completion of maintenance period normally one year after completion of

    contract period and/or grant of Final Acceptance Certificate (FAC) by the

    overseas employer. Format of guarantee is expected to be furnished by

    exporter, at least four weeks before actual issue, to facilitate discussions and

    formal approval.

    http://www.eximbankindia.com/services-1a.html#12http://www.eximbankindia.com/services-1a.html#13http://www.eximbankindia.com/services-1a.html#14http://www.eximbankindia.com/services-1a.html#12http://www.eximbankindia.com/services-1a.html#13http://www.eximbankindia.com/services-1a.html#14
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    Guarantee for Release of Retention Money:

    This enables the exporter to obtain the release of retention money (normally

    10% of contract value) before obtaining Final Acceptance Certificate (FAC)from client.

    Guarantee for Raising Borrowings Overseas

    Bridge finance may be needed at the earlier phases of the contracts to

    supplement the mobilisation advance. Bridge finance upto 25% of the

    contract value may be raised in foreign currency from an overseas bank

    against this guarantee issued by a bank in India. Request for overseas

    borrowings must be supported by currency-wise cash flows, also indicating

    the outstanding letters of credit and L/C drawal schedule

    Other Guarantees

    e.g. in lieu of customs duty or security deposit for expatriate labour.

    Guarantee commission is charged at rates stipulated by the Foreign

    Exchange Dealers Association of India (FEDAI) or as stepulated by

    guarantee issuing bank. Margin requirement for issue of guarantee is

    generally waived by banks for Export Performance Guarantee.

    However, appropriate securities are availed of.

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    Export Capability Creation Programmes

    Lending Programme for Export Oriented Units

    Production Equipment Finance Programme

    Technology Upgradation Fund Scheme for Textile and Jute Industries

    Overseas Investment Finance Programme

    Equity Investment in Indian Ventures Abroad

    Asian Countries Investment Partners Programme

    Export Marketing Finance Programme

    Export Product Development Programme

    Export Vendor Development Programme

    Programme for Export Facilitation

    o Port Development

    o Software Training Institutes

    Foreign Currency Pre-shipment Credit

    Working Capital Term Loan Programme for Export Oriented Units

    Bulk Import Finance

    Finance for Research & Development for Export Oriented Units

    Long Term Working Capital

    Import Finance

    http://www.eximbankindia.com/services-1b.html#1http://www.eximbankindia.com/services-1b.html#2http://www.eximbankindia.com/techno-up.htmlhttp://www.eximbankindia.com/services-1b.html#3http://www.eximbankindia.com/services-1b.html#4http://www.eximbankindia.com/services-1b.html#6http://www.eximbankindia.com/services-1b.html#7http://www.eximbankindia.com/services-1b.html#8http://www.eximbankindia.com/services-1b.html#9http://www.eximbankindia.com/services-1b.html#10http://www.eximbankindia.com/services-1b.html#10-1http://www.eximbankindia.com/services-1b.html#10-2http://www.eximbankindia.com/services-1b.html#11http://www.eximbankindia.com/services-1b.html#12http://www.eximbankindia.com/services-1b.html#13http://www.eximbankindia.com/services-1b.html#14http://www.eximbankindia.com/services-1b.html#15http://www.eximbankindia.com/services-1b.html#16http://www.eximbankindia.com/services-1b.html#1http://www.eximbankindia.com/services-1b.html#2http://www.eximbankindia.com/techno-up.htmlhttp://www.eximbankindia.com/services-1b.html#3http://www.eximbankindia.com/services-1b.html#4http://www.eximbankindia.com/services-1b.html#6http://www.eximbankindia.com/services-1b.html#7http://www.eximbankindia.com/services-1b.html#8http://www.eximbankindia.com/services-1b.html#9http://www.eximbankindia.com/services-1b.html#10http://www.eximbankindia.com/services-1b.html#10-1http://www.eximbankindia.com/services-1b.html#10-2http://www.eximbankindia.com/services-1b.html#11http://www.eximbankindia.com/services-1b.html#12http://www.eximbankindia.com/services-1b.html#13http://www.eximbankindia.com/services-1b.html#14http://www.eximbankindia.com/services-1b.html#15http://www.eximbankindia.com/services-1b.html#16
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    Export Services

    http://www.eximbankindia.com/services-2.htmlhttp://www.eximbankindia.com/services-2.html
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    ADVISORY SERVICES

    MULTILATERAL AGENCIES FUNDED PROJECTS OVERSEAS (MFPO)

    Services

    Information and support services to Indian companies to help improve their

    prospects for securing business in multilateral agencies funded projects.

    Dissemination of business opportunities in funded projects

    Providing detailed information on projects of interest

    Information on Procurement Guidelines, Policies, Practices of

    Multilateral Agencies

    Assistance for Registration with Multilateral Agencies

    Advising Indian companies on preparation of Expression of Interest,

    Capability Profile

    Bid Intervention

    PROMOTING INDIAN CONSULTANCY

    Tie-up with

    International Finance Corporation, Washington D.C.

    o Africa Project Development Facility

    o Africa Enterprise Fund

    o Technical Assistance & Trust Funds

    o Mekong Project Development Facility

    Eastern & Southern African Trade & Development Bank (PTA Bank)

    African Management Services Company (AMSCO), Netherlands

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    Examples

    Gems & Jewellery

    Study

    - Zambia Financial Training

    Mission

    - Kenya

    Cement Project -

    Cameroon

    Software -

    Madagascar

    Wool Knitting - Vietnam Textile - Nigeria

    Refrigeration - Ghana Financial Training - Poland

    EXIM BANK AS A CONSULTANT

    Feasibility study for establishment of an export credit and guarantee

    facility for Gulf Cooperation Council countries.

    Regional cooperation in export finance and export credit guarantees

    for ESCAP.

    Study on promotion of international competitiveness and exports of

    manufactured goods for ESCAP.

    Setting up the Afrexim Bank

    Designing of Export Financing Programmes - Turkey

    Setting up an Exim Bank in Malaysia

    Design of Export Marketing Seminars for SMEs in Vietnam

    Export Development Project : Ukraine

    Enterprise Support Fund : Armenia

    Establishing an Export Credit Guarantee Company in Zimbabwe

    Advisory services to Industrial Development Corporation of South

    Africa for international finance products

    KNOWLEDGE BUILDING

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    EXIMIUS CENTRE FOR LEARNING, BANGALORE

    Set up, in October 1994, to organise seminars and workshops in areas

    such as international trade & investment, export marketing, quality,

    packaging, business opportunities in multilateral agencies funded

    projects, sector and country specific programmes

    Guest faculty from network partners such as IFC, World Bank,

    EBRD, UNIDO.

    Number of Programmes Conducted : 53

    RESEARCH STUDIES

    Research Studies on products, sectors, countries, macro economic

    issues relevant to international trade and investment

    Number of research studies published as Occasional Papers : 85

    Sector Studies

    - Computer

    Software

    - Floriculture - Medicinal

    Plants

    - Electric

    Components

    - Machine Tools - Sports

    Goods

    - Chemicals -

    Pharmaceuticals

    - Financial

    Services

    Bilateral Trade and Investment Studies

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    - Japan, Republic of Korea, Taiwan : Study of India's Trade

    - Kazakhstan, Kyrgyz Republic, Uzbekistan : Trade Potential

    - SAARC Countries: Trade & Investment Potential

    Macro Economic Environment Studies

    - International Technology Transfer

    - Transaction Costs of Indian Exports : An Analysis

    INFORMATION

    1. Exporters/Importers

    2. Industry/Market Reports

    3. Trade Regulations & Laws

    4. Country Reports

    5. International Quality Standards

    6. Partner Identification

    7. Product Display

    Examples of Information Services

    Hungarian Pharmaceutical Sector

    Importers of Sanitary ware, Castings in North America

    Importers of Agro-chemicals in Eastern Europe

    Study for ear buds market in Hungary

    Study of the Indian Wine market for a Hungarian Company

    Partner identification for an Italian Sanitary ware manufacturer

    Study of the Indian Crane Industry for a Finnish company

    Regulatory Framework for setting up a Pharma Project in China

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    Market report for Computer Monitors in India for a Singaporean firm

    Study on Bicycle market in Eastern Europe for Indian Cycle exporter

    Market Potential for Denim in South East Asia.

    PROMOTIONAL PROGRAMMES

    Project Preparatory Services Overseas Programme

    Set up in 1987 to promote Indian consultancy at preparatory stages in

    projects overseas with potential of Multilateral Funding and

    downstream linkages for Indian exports.

    Eligible Costs

    Project feasibility studies, project formulation and related advisory

    services

    Examples

    o Railway Sector Study - Vietnam * Thermal Power - Macedonia

    o Road Rehabilitation - Uzbekistan * Agriculture - Egypt

    Conclusion

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