Personal Profile
Ms. Sara Joy is an economist with India Exim Bank. She has authored several research publications in international and national journals such as International Research Journal of Finance and Economics, Vikalpa, IUP Journal of Bank Management, The Indian Banker, Global Analyst, among others as well as contributed articles in newspapers including Mint. She has a wide experience in conducting primary and secondary research and working in a development financial institution, with strong focus on international trade and development. Ms. Joy has represented India Exim Bank at various national and international events and has undertaken various research assignments for several ministries. Her areas of interest include macroeconomic analysis, public finance, and international trade, especially India’s trade and development cooperation mechanism with various countries/regions. She is also working closely with various Ministries of Government of India in various FTAnegotiations and international campaigning.
Company Profile
Export-Import Bank of India (India Exim Bank) was set up in 1982 by an Act of Parliament for financing, facilitating and promoting India’s foreign trade. It is the principal financial institution in the country for coordinating the working of institutions engaged in financing exports and imports. India Exim Bank is fully owned by the Government of India. The Bank provides financial as well as value-added services to Indian exporters. Assistance is given to export-oriented units (EOUs) by way of term loans in Indian rupees or foreign currencies for setting up new production facilities, expansion/modernization or upgradation of existing facilities and for acquisition of production equipment or technology. The Bank lays special emphasis on extension of Lines of Credit to overseas entities, national governments, regional financial institutions and commercial banks. The Bank extends Buyers’ credit and Suppliers’ credit to finance and promote India’s exports and also has a programme called the Buyer’s Credit under National Export Insurance Account (NEIA) to facilitate medium and long term exports from India. To promote hi-tech exports from India, the Bank has a lending programme to finance research and development activities of EOUs. The Bank has a Marketing Advisory Services programme, to assist Indian companies in identification of prospective business partners, facilitating placement of final orders and also identification of opportunities for setting up plants or projects or for acquisition of companies overseas. The Bank supports the internationalization endeavours of Small and Medium Enterprises (SMEs) by meeting the foreign currency capital requirements of Indian exporters. Further, as a facilitator of trade, India Exim Bank has recently launched a portal called Exim Mitra (www.eximmitra.in), that provides trade related information and access to credit and insurance for exporters and importers. India Exim Bank supplements its financing programmes with a wide range of value-added information, advisory and support services, which enable exporters to evaluate international risks, tap export opportunities and improve competitiveness, thereby helping them in their globalisation efforts.