EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
Exim bank economics
1.
2. Overview
• Established in 1982 under the Export-Import Bank of India Act 1981 ,commenced
operations in March 1982
• The authorised capital of Exim bank is Rs. 10000 crore
• The Exim Bank is managed by a Board consisting of a Managing Director who is
the Chairman and 16 Directors representing different areas
3. Organization
Board Of Directors
• Chairman and Managing Director
• 5 Directors: Government of India Appointed by the government
• 3 Directors: Scheduled Banks ( As per The Exim Bank Act )
• 4 Directors : Professionals/Experts
• 1 Director nominated by RBI
• 1 Director nominated by IDBI
• 1 Director nominated by ECGC
4. Objective
•The basic objective of Exim Bank of India is to
provide assistance to exporters and importers , and
for functioning as the principal financial institution
for coordinating the working of institutions
engaged in financing export and import of goods
and services with a view to promote country’s
international trade.