The Export-Import Bank of India (EXIM Bank) has a structured organizational framework designed to effectively promote and finance India’s international trade. The bank operates through various departments, business divisions, and regional offices that work together to provide financial assistance, advisory services, and trade facilitation support to Indian exporters and importers.
Board of Directors
The Board of Directors is the highest policy-making and decision-making body of EXIM Bank. It is responsible for formulating the bank’s strategic direction, policies, and overall governance framework. The Board consists of the Managing Director, Executive Directors, and other directors appointed by the Government of India. It oversees the bank’s operations and ensures that its activities align with national trade and economic objectives.
Senior Management
The day-to-day administration and management of EXIM Bank are handled by the Senior Management Team, which includes the Managing Director, Deputy Managing Directors, Chief General Managers, and General Managers. This team is responsible for implementing policies approved by the Board, managing business operations, monitoring financial performance, and ensuring effective execution of the bank’s various programmes and initiatives.
Business Divisions
EXIM Bank carries out its activities through specialized business divisions that focus on different aspects of international trade finance. These divisions include Corporate Banking, which provides financial assistance to large companies engaged in export and import activities; Project Finance, which supports infrastructure and industrial projects in India and abroad; Lines of Credit, which extends concessional credit facilities to foreign governments and institutions for purchasing Indian goods and services; Small and Medium Enterprises (SME) Business, which supports export-oriented MSMEs; Export Services, which provides advisory and market development support; Risk Management, which assesses and manages financial and operational risks; and Treasury Operations, which manages the bank’s investments, foreign exchange operations, and liquidity requirements.
Support Functions
To ensure smooth functioning of its operations, EXIM Bank maintains several support departments. These include Human Resources, which manages recruitment, training, and employee development; Information Technology, which supports digital banking and technology infrastructure; Legal and Compliance, which ensures adherence to laws and regulations; Audit and Internal Control, which monitors operational efficiency and risk management; and other administrative functions that support the bank’s overall activities.
Regional and Overseas Offices
EXIM Bank has a network of regional offices located in major cities across India. These offices provide financial services, export advisory support, and assistance to businesses engaged in international trade. The bank also maintains representative offices in several foreign countries to strengthen trade relations, identify business opportunities, and support Indian companies operating overseas. These overseas offices help the bank expand its global reach and facilitate international business partnerships.
Management of EXIM Bank
The management of EXIM Bank is headed by Ms. Harsha Bangari, who serves as the Managing Director. She is assisted by Deputy Managing Directors Mr. Tarun Sharma and Ms. Deepali Agrawal. The senior leadership team also includes several Chief General Managers and General Managers responsible for various business and administrative functions of the bank. Together, they oversee trade finance operations, project financing, international cooperation programmes, risk management, and institutional development activities.
Loans and Investments
One of the major functions of EXIM Bank is providing Lines of Credit (LoCs) and financial assistance to foreign governments and institutions for development projects involving Indian goods, services, and expertise. Through these credit facilities, the bank promotes Indian exports while supporting infrastructure and economic development in partner countries.
In 2008, EXIM Bank extended a credit line of US$100 million to the Government of Nepal for road construction and electrical infrastructure projects. In 2019, the bank provided US$200 million to Uzbekistan for housing and infrastructure development projects. During the same year, it extended US$83 million to the Democratic Republic of Congo for solar energy projects and US$800 million to the Maldives for various developmental initiatives.
The bank also supported development projects in Africa by providing US$38 million to Mozambique for water system projects, US$30 million to Sierra Leone for development activities, and another US$30 million to Ghana for improving freshwater infrastructure. In 2020, EXIM Bank extended US$75 million to Cuba to finance solar energy projects, further demonstrating its role in supporting sustainable development and strengthening India’s international economic partnerships.
Through its organizational structure, leadership, and global financing activities, EXIM Bank continues to play a vital role in promoting India’s exports, supporting overseas investments, and enhancing economic cooperation with countries around the world.