Date of Establishment 1982

Revenue Not Available

Market Cap  Not Available
Headquarter Address  Centre One Building , Floor 21, World Trade Centre Complex,
Mumbai, Maharashtra, India
Branches India, Dubai, UK, Singapore, South Africa and US
Management Team T. C. Venkat Subramanian - Chairman and Managing Director
S. R. Rao - Executive Director
N. Shankar - Executive Director
D. G. Prasad - Corporate Banking / SME / Agriculture Business
R. W. Khanna - Corporate Finance
P. R. Dalal - Lines of Credit / Planning and Research
John Mathew - Corporate Banking
C. P. Ravindranath - Legal
David Rasquinha - Projects Finance / Trade Finance
Mukul Sarkar - Corporate Banking
Sunita Sindwani - Chief Technology Officer
David Sinate - Corporate Affairs / Export Services
Overview Export Import (Exim) Bank of India offers wide range of services
including export credits, finance for export oriented units, overseas
investment finance, lines of credit, SME and agriculture finance,
export services, rural initiatives, film finance etc. The bank works
through various groups such as Corporate Banking Group, Project
Finance / Trade Finance Group, Lines of Credit Group, Agriculture
Business Group, Small and Medium Enterprises Group, Export
Services Group etc. It liaises with MIGA, IFC Washington and the
World Bank for fulfilling its requirements.
Exim Bank recently entered into an alliance with Gabon to finance a
housing project worth US$ 14.5 million. It also worked with the
Government of Vietnam in a US$ 45 million deal, to finance the
construction of Nam Chien Hydropower Project at Son La Province.
The bank offers a Young Professionals Programme to develope skills
in business management, banking, economics, accountancy and
engineering. It organizes various training programs to educate the
employees with higher responsibilities.

THE INSTITUTION

Export-Import Bank of India is the premier export finance institution of the country, set up in 1982 under the Export-Import Bank
of India Act 1981. Government of India launched the institution with a mandate, not just to enhance exports from India, but to
integrate the country’s foreign trade and investment with the overall economic growth. Since its inception, Exim Bank of India
has been both a catalyst and a key player in the promotion of cross border trade and investment. Commencing operations as a
purveyor of export credit, like other Export Credit Agencies in the world, Exim Bank of India has, over the period, evolved into
an institution that plays a major role in partnering Indian industries, particularly the Small and Medium Enterprises, in their
globalisation efforts, through a wide range of products and services offered at all stages of the business cycle, starting from
import of technology and export product development to export production, export marketing, pre-shipment and post-shipment
and overseas investment.

THE INITIATIVES

 Exim Bank of India has been the prime mover in encouraging project exports from India. The Bank provides Indian
 project exporters with a comprehensive range of services to enhance the prospect of their securing export contracts,
particularly those funded by Multilateral Funding Agencies like the World Bank, Asian Development Bank, African
Development Bank and European Bank for Reconstruction and Development.

 The Bank extends lines of credit to overseas financial institutions, foreign governments and their agencies, enabling
them to finance imports of goods and services from India on deferred credit terms. Exim Bank’s lines of Credit obviate
credit risks for Indian exporters and are of particular relevance to SME exporters.

 The Bank’s Overseas Investment Finance programme offers a variety of facilities for Indian investments and
acquisitions overseas. The facilities include loan to Indian companies for equity participation in overseas ventures,
direct equity participation by Exim Bank in the overseas venture and non-funded facilities such as letters of credit and
guarantees to facilitate local borrowings by the overseas venture.

 The Bank provides financial assistance by way of term loans in Indian rupees/foreign currencies for setting up new
production facility, expansion/modernization/upgradation of existing facilities and for acquisition of production
equipment/technology. Such facilities particularly help export oriented Small and Medium Enterprises for creation of
export capabilities and enhancement of international competitiveness.

 Under its Export Marketing Finance programme, Exim Bank supports Small and Medium Enterprises in their export
marketing efforts including financing the soft expenditure relating to implementation of strategic and systematic export
market development plans.

 The Bank has launched the Rural Initiatives Programme with the objective of linking Indian rural industry to the global
market. The programme is intended to benefit rural poor through creation of export capability in rural enterprises.

 In order to assist the Small and Medium Enterprises, the Bank has put in place the Export Marketing Services (EMS)
Programme. Through EMS, the Bank seeks to establish, on best efforts basis, SME sector products in overseas
markets, starting from identification of prospective business partners to facilitating placement of final orders. The
service is provided on success fee basis.

 Exim Bank supplements its financing programmes with a wide range of value-added information, advisory and support
services, which enable exporters to evaluate international risks, exploit export opportunities and improve
competitiveness, thereby helping them in their globalisation efforts.

THE LEADERSHIP

Since inception, Exim Bank has had, at the helm of its affairs, leading banking professionals as Chief Executive Officers. Shri
R.C. Shah, a seasoned banker, with vast commercial and international banking experience, was the first Chairman and
Managing Director of Exim Bank during January 1982-January 1985. His vision helped the setting up of the institution as a
unique organizational model, with a flat, non-hierarchical culture, multi-disciplinary approach to problem solving, access to the
latest technology and a climate for innovation. He was succeeded by Shri Kalyan Banerji, who was the Chairman and Managing
Director during February 1985-April 1993. Shri Banerji had long years of commercial banking experience, with exposure to
international banking. Ms. Tarjani Vakil took over as the Chairperson and Managing Director of the Bank in August 1993 and
guided the institution in its endeavours for export capability creation, till October 1996. Ms. Vakil had long years of development
banking experience and was associated with Exim Bank since its inception. She was succeeded by Shri Y.B. Desai, who was
the Managing Director of the Bank during August 1997-April 2001. Shri Desai had vast commercial banking experience and
joined Exim Bank in the initial years of the institution. Shri T.C. Venkat Subramanian took over as Chairman and Managing
Director of Exim Bank from May 1, 2001. Shri Subramanian has both commercial banking and development banking experience
and has been associated with Exim Bank since its inception. Under the stewardship of Shri Subramanian, Exim Bank has
crossed significant milestones in business promotion as well as other initiatives as the premier export finance institution of the
country.

THE BOARD

In its endeavours, Exim Bank of India has, all along, been guided, at the Board level, by senior policy makers, expert bankers,
leading players in industry and international trade as well as professionals in exports or imports or financing thereof. The Board
 currently includes top level functionaries from the Ministries of Finance, Commerce, External Affairs and Industry, Government
of India, a Deputy Governor from the Reserve Bank of India, Chairmen of Industrial Development Bank of India, Export Credit
Guarantee Corporation of India, State Bank of India, Punjab National Bank and Bank of Baroda and the Director General of
Research and Information System for Developing Countries. Some of the illustrious Board Members in the past, include Dr.
Montek Singh Ahluwalia (former Secretary, Ministry of Finance, Government of India and currently Deputy Chairman, Planning
Commission of India), Shri Kamlesh Sharma (former Indian High Commissioner in the UK and currently the Commonwealth
Secretary General), Dr. Abid Hussain (former Commerce Secretary, Government of India and Indian Ambassador to USA), Dr.
Bimal Jalan (former Secretary, Ministry of Finance, Government of India and Governor, RBI and currently a Member of
Parliament in the Rajya Sabha), Shri S. Venkitaramanan (former Secretary, Ministry of Finance, Government of India and
Governor, RBI), Dr. Deepak Nayyar (former Chief Economic Advisor, Ministry of Finance, Government of India and currently
Professor of Economics, Jawaharlal Nehru University, New Delhi), Shri Tejendra Khanna (former Commerce Secretary,
Government of India and currently Lt. Governor of Delhi), Dr. S.S.Sidhu (former Industry Secretary, Government of India and
currently Governor of Goa ), Shri. T.R. Prasad (former Industry Secretary and Cabinet Secretary, Government of India ) and
Shri S.S. Tarapore (former Deputy Governor, RBI, who led the Tarapore Committee on Capital Account Convertibility).

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The Past Decade

  1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2

                   
LOANS                  
Approvals 28318 21743 42407 78283 92657 158535 204887 267622 328045
Disbursements 17296 18964 34529 53203 69575 114352 150389 220760 271587
Loan Assets 1 50833 56443 68260 87736 107751 129104 175931 228862 287767 
                   
GUARANTEES                  
Approvals 4404 2118 5450 9328 10792 15887 43264 49978 21994
Issuance 3017 1741 4164 7275 5743 16602 21959 16972 20386
Guarantee Portfolio 11147 10740 11273 16133 15769 23727 34023 35360 34556 
                   
RESOURCES                  
Paid-up Capital 5500 5500 6500 6500 6500 8500 9500 10000 11000 
Reserves 9584 10664 12026 13171 14933 16625 17703 18741 21064 
Notes, Bonds & Debentures 20944 22915 33158 64902 76701 98972 126727 154230 179273 
Deposits 2 2617 2797 3416 9121 20922 82 454 702 26741 
Other Borrowings 20354 20255 16619 16467 21583 21064 32909 61684 111149 
Total Resources 70264 73981 82734 123189 155192 156922 201401 262439 349397 
                   
PERFORMANCE                  
Profit Before Tax (PBT) 2273 2047 2212 2686 3042 3144 3769 3909 5334
Profit After Tax 1651 1541 1712 2066 2292 2579 2707 2994 3330
Balance of Net Profits                  
transferred/transferable to                  
Central Government 350 380 420 450 470 654 868 956 1008
Staff (Numbers) 3 150 154 163 167 190 193 200 212 222 
                   
RATIOS                  
Capital to Risk Assets Ratio (%) 24.4 23.8 33.1 26.9 23.5 21.6 18.4 16.4 15.1 
PBT to Capital (%) 43.3 37.2 36.9 41.3 46.8 41.9 41.9 40.1 50.8 
PBT to Net Worth (%) 16 13.1 12.8 14.1 14.2 13.5 14.4 14 17.5 
PBT to Assets (%) 3.6 2.8 2.8 2.6 2.2 2 2.1 1.7 1.7 
PBT per Employee (Rs. mn) 15.3 13.5 14 16.3 17 16.4 19.2 19 24.6 

1 Loan Assets are net of claims settled by ECGC, effective 1997-98 and also net of provisions for NPAs effective 2004-05
2 Deposits are net of corresponding Deposits placed / Investments made with counter-parties effective 2004-05 to 2006-07
3 Denotes number of employees in the service of Exim Bank
Note: Data pertain to General Fund

2007-08 2008-09 Cumulativ Growth

               
LOANS              
Approvals 28318 21743 42407 78283 92657 158535
Disbursements 17296 18964 34529 53203 69575 114352
Loan Assets 1 50833 56443 68260 87736 107751 129104
               
GUARANTEES              
Approvals 4404 2118 5450 9328 10792 15887
Issuance 3017 1741 4164 7275 5743 16602
Guarantee Portfolio 11147 10740 11273 16133 15769 23727
               
RESOURCES              
Paid-up Capital 5500 5500 6500 6500 6500 8500
Reserves 9584 10664 12026 13171 14933 16625
Notes, Bonds & Debentures 20944 22915 33158 64902 76701 98972
Deposits 2 2617 2797 3416 9121 20922 82
Other Borrowings 20354 20255 16619 16467 21583 21064
Total Resources 70264 73981 82734 123189 155192 156922
               
PERFORMANCE              
Profit Before Tax (PBT) 2273 2047 2212 2686 3042 3144
Profit After Tax 1651 1541 1712 2066 2292 2579
Balance of Net Profits              
transferred/transferable to              
Central Government 350 380 420 450 470 654
Staff (Numbers) 3 150 154 163 167 190 193
               
RATIOS              
Capital to Risk Assets Ratio (%) 24.4 23.8 33.1 26.9 23.5 21.6
PBT to Capital (%) 43.3 37.2 36.9 41.3 46.8 41.9
PBT to Net Worth (%) 16 13.1 12.8 14.1 14.2 13.5
PBT to Assets (%) 3.6 2.8 2.8 2.6 2.2 2
PBT per Employee (Rs. mn) 15.3 13.5 14 16.3 17 16.4

1 Loan Assets are net of claims settled by ECGC, effective 1997-98 and also net of provisions for NPAs effective 2004-05
2 Deposits are net of corresponding Deposits placed / Investments made with counter-parties effective 2004-05 to 2006-07
3 Denotes number of employees in the service of Exim Bank
Note: Data pertain to General Fund

   :: MANAGEMENT

T.C.A. Ranganathan
 
CMD

N. Shankar
 
Executive Director
 Prabhakar Dalal
 
Executive Director

R. W. Khanna
 
Corporate Finance

Sunil Trikha
 
Human Resource Management

Muthukumaran K.
 
Internal Audit Group / Rural Initiative

C. P. Ravindranath
 
Legal

David Rasquinha
 
Projects Finance / Trade Finance
 Mukul Sarkar
 
Corporate Banking

Sunita Sindwani
 
Chief Technology Officer

David Sinate
 
Research & Planning / EMS

T. V. Rao
 
Eximius Centre, Bangalore

Samuel Joseph
 
Corporate Banking / SME / Agri Business

Prahalathan Iyer
 
Research & Planning / Export Services
 Sangeeta Sharma
 
Risk Analysis & Credit Management

Nadeem Panjetan
 
Lines of Credit

Daya Chandrahas
 
Projects Finance / Trade Finance

S Srinivas
 
Corporate Affairs