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About Export-Import Bank of India The Export-Import Bank of India, also known as Exim

Bank of India, is the leading export finance institution in the country. The bank was set up

in the year 1982 under the Export-Import Bank of India Act 1981. The Government of

India launched the Export-Import Bank Of India with an aim to augment exports from

India and also to combine the country's foreign trade and investment with the overall

economic growth. The bank began its operations as a supplier of export credit, but has over

the period evolved into an institution that plays a major role in partnering Indian Industries

including small and medium enterprises.

Export-Import Bank Of India Initiatives

Export-Import Bank of India has been one of the prime institutions that encourages project

exports from India. The bank offers wide-ranging services for enhancing the prospect of

Indian project exports. Exim Bank's Overseas Investment Finance program gives a variety

of facilities for Indian reserves and acquirements overseas. The facilities consist of direct

equity participation by the bank in the overseas venture and non-funded activities by the

overseas venture and loan to the Indian companies for equity participation in the venture

abroad. As part of Exim Bank's marketing Finance Program, the bank offers support to

small and medium enterprises in their export marketing efforts consisting of financing the

soft expenditure linking to completion of tactical and systematic export market

development plans.

Export-Import Bank Of India Objective

The primary objective of the Export-Import Bank of India is to provide financial assistance

to importers and exporters and function as the top financial institution. Some of the

services of the bank include: overseas investment finance, film finance, export credit,

finance for export oriented units and agricultural & SME finance. In the period of 2005-

2006 the total amount of loan given out by the bank amounted to 150,389 million, while

this figure shot up to Rs. 220,760 million in the flowing year.

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Asia debt syndicate desk of Citigroup Inc., one of the banks that managed the transaction.

Deutsche Bank AG co-managed the deal, which was part of Exim Bank's $1 billion

medium-term note program.

The transaction was only the third to have hit the international bond market over the last

two years, and followed the $750 million sale by State Bank of India in October and the

$500 million issue from Indian Oil Corp. earlier this month.

Despite the large size of India's economy, its government doesn't have any outstanding

international bond as it opts to source its financing and funding requirements domestically.

As such, the bond from Exim Bank, which is wholly owned by the government, was also

viewed as a proxy for a sovereign issue.

Exim Bank priced its bond due February 2015 at 99.658 paying a yield of 4.452%,

according to a fund manager's termsheet.

The yield represents a premium of 180 basis points above comparable Midswaps and

comes in at the low end of the guidance given Tuesday. That's around 211.1 basis points

over comparable U.S. Treasury yields.

By Wednesday noon, the new bond was trading higher, causing the spread to tighten to

212/207 basis points over Treasurys, according to a trader.

Asian investors took the lion's share of about 77% of the five-year bonds sold, while

European players bought the remaining 23%, said people familiar with the transaction.

The fixed-rate senior unsecured bonds were offered to international investors outside the

U.S.

Moody's Investors Service has rated the bond Baa3 while Standard & Poor's Ratings

Services has rated it BBB-, in line with their investment-grade rating for the government.

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India offers $250 ml to Nepal in line of credit

India has extended $250 million line of credit to Nepal during the Nepalese President RamBaran Yadav's state visit to the country.

The line of credit will be offered through the Exim Bank. India has also supply 80,000tonnes of essential food grains to the country.

The two countries signed four pacts which include setting up new railway links, an updatedair services accord, an India-sponsored polytechnic and construction of a new conventionhall near the India-Nepal border.

India will supply 50,000 tonnes of wheat, 20,000 tonnes of rice and 10,000 tonnes ofyellow peas of food grains to the neighboring country. An additional 2,000 tonnes of wheatwill also be offered on request.

India had committed Rs. 2,000 crore to the country which includes Rs. 805 crore toimprove roads in the plain areas of the country. It is involved in nearly 30 medium andlarge projects and 335 grass roots-level projects in areas such as health, education andcommunity development.

The Nepalese President is on a four four-day state visit to the country. He had arrived onMonday when he was received by the President of India Pratibha Patil in a ceremonialwelcome at Rashtrapati Bhawan. Mrs. Patil also hosted a state banquet in his honor onTuesday evening.

He met Prime Minister Manmohan Singh on Tuesday when they held discussions for alittle less than an hour. Mr. Singh conveyed that he was honored by hisvisit and alsoemphasized on the special relationship shared by the two countries.

Mr. Yadav expressed "deep gratitude" for India's help in the country's development. He isthe first president of the Himalayan country which abolished it royal dynasty and elected arepresentative in 2008. This is the first evervisit of the Nepalese President to India.

After the discussion the PM hosted the Nepalese President for lunch at Hyderabad House.Mr. Yadav also met External Affairs Minister S. M. Krishna along with other leaders likeVice President Hamid Ansari, United Progressive Alliance (UPA) chairperson SoniaGandhi, Finance Minister Pranab Mukherjee, Home Minister P. Chidambaram and Leaderof Opposition Sushma Swaraj.

The visiting President will also visit the holy city of Haridwar to take part in the MahaKumbh Mela on Wednesday.

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Export-Import Bank Of India Recruitment 2010 Exim : Secretarial Administrative

Officers

EXPORT-IMPORT BANK OF INDIA

APPLICATIONS ARE INVITED FOR THE POSITION OFADMINISTRATIVE OFFICERS (SECRETARIAL WORK) ON CONTRACT

BASIS

Date: January 25, 2010Export-Import Bank of India, an all India financial institution engaged in financing,facilitating and promoting Indias international trade, having a network of 16 offices inIndia and overseas and Learning Centres in Bangalore, Ahmedabad and Pune invitesapplications from experienced secretarial and administrative professionals, for the positionof Administrative Officers, on contract basis, for a period of one year, meeting thefollowing eligibility criteria:

JOB PROFILE

The job profile will include, inter alia, handling verbal and writtencommunication in consultation with Group Head, maintaining up to date filing, mailinglist, handling mail, maintaining record of inward/outward mail, to manage and channelinformation, to organise, prioritise Groups Heads time, preparation of letters, faxes, notesetc.

The candidate should be a graduate in any discipline from a recognized university andshould also be conversant in computer with an ability to adapt to changing technology.Experience in secretarial and administrative posts in a reputed organization is a must.

Total Number of Posts : 06

Age :

Candidates in the age group of 35 to 45 years with minimum 10 years of experience in theabove-specified areas only will be considered. The candidate must be citizen of India.

Pay Scale

All inclusive compensation of Rs. 15,000/- p.m. will be paid. No other benefits will beavailable.

Reservations/Relaxations will be extended to candidates belonging to SC/ST/OBC &PWD as per the prevailing Govt. of India guidelines. Candidates must state theirreservation status clearly in application.

Only those who satisfy the required qualification and experience need apply.Applications that do not meet with the requirements will be rejected and no correspondencein this regard will be entertained. Canvassing in any form will be a disqualification.

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Selection

The Selection Process will comprise of Written Test and Personal Interview. The date andtiming of the Written Test will be advised to the shortlisted candidates at a later date.Candidates who are shortlisted based on the performance in the Written Test will be calledfor Personal Interview.

The appointment of Administrative Officers will be on contractual basis. Aftercontractual service, such appointees will be eligible for absorption as AdministrativeOfficer in Grade/Scale JM I in the Bank through a selection process that may be conductedby the Bank. During the contractual period, the candidate can be posted at any offices ofthe Bank.

How to apply :

Please send your application containing the above-mentioned particulars, along with acolour passport size photograph, within 15 days from the date of this advertisement, to thefollowing address.The Chief General Manager-HRM,

Export-Import Bank of IndiaCentre One Building, Floor 21,

World Trade Centre Complex,

Cuffe Parade, Mumbai 400005

Website :[Only Registered Users Can See This Website Link.Register For FREE.

Joining is Fast and Easy.]

For more details

[Only Registered Users Can See This Website Link.Register For FREE.Joining is

Fast and Easy.]__________________Jobs, vacancies, careers, recruitment 2010, requirement, Indian employment, placement,openings India, Medical Forex Pharma Insurance Jobs

EXIM BANK TO ASSIST TRANSMISSION LINE PROJECT IN CAMBODIA

Exim Bank of India has extended a Line of Credit (LOC) of US$ 15 million to the

Government of Cambodia for financing strengthening of the capacity of transmission line

project between Kratie and Stung Treng in Cambodia. The LOC Agreement to this effect

was signed in Phnom Penh, on Monday, March 1, 2010, by Exim Banks General

Manager Mr. Nadeem Panjetan and Cambodias Deputy Prime Minister and Minister of

Economy and Finance, H.E. Mr. Keat Chhon in the presence of diplomats of the two

countries (A photograph of the signing ceremony is attached). This is the second Line ofCredit being extended to the Government of Cambodia. Exim Bank had earlier extended

an LOC of US$ 35.20 mn to Government of Cambodia for financing i) Stung Tasal

Development Project (US$ 15 mn); ii) purchase of water pumps (US$ 5.20 mn) and iii)

construction of electric transmission line between Kratie and Stung Treng provinces

(US$

15 mn).

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Exim Bank will reimburse 100% of contract value to the Indian exporters, upfront upon

the shipment of goods. The LOC will be used for financing at least 85% of total contract

value through sourcing of goods and services from India. Major export items from India

to Cambodia are pharmaceutical products, machinery and instruments, cotton yarn

fabrics madeups, finished leather, transport equipment, tobacco manufactured and

manmade yarn fabrics madeups.

Exim Bank has in place 131 Lines of Credit, covering over 94 countries in Africa, Asia,

Latin America, Europe and the CIS, with credit commitments of over US$ 4.39 bn,

available for financing exports from India. Exim Bank's LOCs afford a risk-free,

non-recourse export financing option to Indian exporters. Besides promoting Indias

exports, Exim Bank's LOCs enable demonstration of Indian expertise and project

execution capabilities in emerging markets.

For further information, please contact Mrs. Geeta Poojary, Deputy GeneralManager, Export-ImportBank of India, Centre One Building, Floor 21, World Trade Centre Complex, CuffeParade, Mumbai 400005. Telephone: (022) 22162073/22172310, Fax:(022) 22182460. E-mail:eximloc@eximbankindia.in,Website: www.eximbankindia.in

Mr. Nadeem Panjetan, General Manager, Export-Import Bank of India signing a Line of Credit

Agreement for US$ 15 million with H.E. Mr. Keat Chhon, Deputy Prime Minister and Minister of

Economy and Finance of the Government of Cambodia, in Phnom Penh on Monday, March 1,

2010.

Export-Import Bank of India- Agri Business GroupThe EXIM bank of India was established by Govt of India for providing financial

assistance to exporters and importers, and for functioning as the principal financial

institution for coordinating the working of institutions engaged in financing exportand import of goods and services with a view to promoting the countrys

international trade.

It is further classified into Operating Groups namely:Corporate Banking Group, which handles a variety of financing programmes for

Export Oriented Units (EOUs), Importers, and overseas investment by Indiancompanies. Project Finance / Trade Finance Group handles the entire range of

export credit services such as supplier's credit, pre-shipment credit, buyer's credit,finance for export of projects & consultancy services, guarantees, forfeiting etc.

Lines of Credit Group Lines of Credit (LOC) is a financing mechanism thatprovides a safe mode of non-recourse financing option to Indian exporters, especially

to SMEs, and serves as an effective market entry tool.

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for medium/long term i.e. beyond 6 months for eligible products and projects.Medium/long term export credit is extended by way of supplier's credits i.e. through

the Indian exporter with recourse to the exporter or buyer's credits i.e. directly tothe overseas buyer with no recourse to the Indian exporter. Certain RBI guidelines

apply for such medium/long term export credit. Exim Bank has been recentlypermitted by RBI to cover inter alia agricultural commodities and processed foods

under the Lines of Credit. Export contracts under Lines of Credits are financedwithout recourse to the exporter i.e. off balance sheet finance whilst the importergets credit. Exim Bank extends loans for executing deemed export contracts. Exim

Bank also issues guarantees overseas on behalf of Indian exporters.

2. Finance for Export Oriented Companies

Exim Bank also offers loans for financing Export Oriented Companies which may be

categorized as under:

i. Project Finance

Finance for new projects, expansion, and modernization projects. Finance for purchase of equipment both imported as well as

indigenous.

Working Capital both short term as well as medium term.ii. Overseas Investment Finance

Overseas investment by Indian companies may be in the form of Joint Ventures(JVs) or Wholly Owned Subsidiaries (WOS). Exim Bank extends term loans against

equity contribution/loan extended by Indian companies to their JVs/WOS. Termfinance is provided directly to the JVs/WOS with corporate guarantee of the Indian

promoter companies. Exim Bank can also participate in the equity of the overseasJV/WOS of the Indian company selectively subject to certain conditions.

iii. Special Programmes

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Agro Division at Exim Bank can be contacted atAgri Business Group,

Maker Chamber IV, Floor 8, 222, Nariman Point, Mumbai- 400 021 India. Tel. No.91-22-2285 4784 Extn: 113 Fax 91-22- 2285 5584 E-mail :

agrigroup@eximbankindia.comUrl: www.eximbankagro.com