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AN ANALYSIS OF FINANCIAL FACILITIES OF EXIM BANK OF INDIA

Journal: Scholarly Research Journal for Interdisciplinary Studies (Vol.10, No. 75)

Publication Date:

Authors : ; ;

Page : 18318-18330

Keywords : EXIM Bank; Export Financing; Financial Facilities;

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Abstract

Export sector has a huge role in any economy of the world because it is called a growth engine. After 1982 in India, Export Import Bank is doing good work to fulfil various dimensions related to export sector. Financial institutions play a major role in export related finance in international trade. EXIM Bank provide various types of financial facilities on behalf of the financial institutions to survive in the international competitions and for the growth of the word market share. This study focuses on the Export Import (EXIM) Bank of India's export financing and credit facilities and analyses their effects on the nation's export performance. The Bank works to increase the international competitiveness of Indian export enterprises by supporting, enabling, and promoting India's international trade and investment. The Bank is extremely important for exporting. To encourage exports, it offers Trade Finance, which comprises Export Credit Insurance, various financial instruments, and guarantees. This study concentrates on financial aid because it is crucial for exporters in various countries to increase their market share globally. The study comes to the conclusion that export financing facilities are quite important.

Last modified: 2023-04-13 20:22:26