Tag: Exim Bank

‘MSMEs all set to embrace GST challenges’

The CII MSME Summit titled, ‘Breaking Barriers to Excellence: Unlocking Hidden Potential,’ echoed the preparedness of MSMEs to adopt the GST regime. Alongside, the MSMEs seek support from the government for training and awareness programmes on how to implement it, which is critical fo…

एक्जिम बैंक ने 8-10 फीसदी की वृद्धि का लक्ष्य तय किया, SME सेक्टर से सबसे ज्यादा उम्मीदें

प्रमुख वैश्विक बाजारों में हालात में आ रहे सुधार और निर्यात में तेजी को ध्यान में रखते हुए एक्जिम बैंक ने चालू वित्त वर्ष के दौरान 8-10 फीसदी की वृद्धि का लक्ष्य रखा है। बैंक ने यह भी कहा है कि अपनी अफ्रीकी सहायक इकाई कुकुजा प्रोजेक्ट डेवलपमेंट कंपनी (केपीडीसी) द्वारा प्रायोगिक आधार पर चलाई [&hel…

EXIM bank opens $15mn credit lines for Kenyan SMEs

The Export-Import Bank of India has activated a $15 million credit line for Kenyan SMEs to finance imports. The Indian lender signed the financing agreement with the kenyan government in July last year during the visit of Indian Prime Minister Narendra Modi to the country. The $15 million is bein…

Exim eyes state tie-ups to take local business global

Mumbai: In a bid to boost exports as well as industrialisation in some of the states striving for investments, the Centre has asked the Export Import (Exim) Bank of India to engage with state governments to get companies or businesses that are already successful at the local level to go global. T…

Bengal govt. drafting export strategy for MSEs in textile sector

In its endeavour to promote various products including engineering and textile in the international market, the Bengal government is in the process of drafting a comprehensive export strategy for the Micro and Small scale Enterprises (MSEs) in the textile sector. The main purpose is to create dem…

Exim Bank plans portal to provide export facilitation services to SMEs

To encourage small enterprises to export, the Export-Import Bank of India (Exim Bank) plans to start a portal ‘Exim Mitra’. It aims to facilitate 20-25 services, including registration for undertaking exports, information on the closest bank branch that will provide export credit, and indicative …

Commerce Ministry wants priority sector status for export credit

The Commerce Ministry will seek priority sector status for export credit and focus on a revival of Special Economic Zones (SEZs), as it has identified six areas to prop up outbound shipments in goods, which contracted for a 15th straight month through February. Following the first meeting of a re…