Exim Mitra opens its windows, have you peeped in?
Exim
Bank Chairman and Managing Director Yaduvendra Mathur
had a vision to launch a portal to assist small enterprises in their journey of
‘Exports’.
The
first mention in the public
domain on this subject was during September 2016, to be more specific on September
6.
In
the long run, the portal aims to facilitate 20-25 services, including
registration for undertaking exports, information on the closest bank branch
that will provide export credit, and indicative freight cost.
For
example, if an exporter in Satara, Maharashtra needs export finance then he
should be able to tap the ‘Exim Mitra’ portal and get information on the
closest commercial bank branch that can help him with his financing
requirement.
Once
the portal plan was finalised, EXIM Bank Team started talks with banks for data
on export finance, logistics firms for freight costs.
Quote
Exim Bank
Chairman and Managing Director Yaduvendra Mathur said: “We are looking to open
an online facilitation window. We note there is a big information gap. There
are a large number of potential exporters, typically smaller companies which
are not able to access the whole gamut of facilities and there are many
agencies involved (for exports).”
UnQuote
Finally
on January 6th, EXIM Bank unveiled the portal to the public @ https://eximmitra.in/en/
The
registration on the portal is free of cost and anyone having a valid email
account can register. It is not necessary that only Exporters will benefit from
this portal. Non-Exporters too can register and explore the various guidelines
to be a successful exporter.
As
on date, 7 financing institutions are part of Exim Mitra. The list of the 7
banks are Axis Bank, Export-Import Bank of India, ICICI Bank, IDBI Bank,
Standard Chartered Bank, State Bank of India and Syndicate Bank.
So
go ahead, and explore the various facets of Exports/Imports in India
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