EXIM Bank India launches digital portal for exporters and importers

The Export-Import Bank of India (Exim Bank) has launched a digital portal for fulfilling twin objectives, providing information on financial products available to facilitate exports, and delivering trade related information. The online platform has been dubbed ‘EXIM Mitra’, meaning a ‘friend for exporters and importers’.

EXIM Mitra will provide preliminary help to a large number of exporters and importers who may not have access to an array of crucial trade-related information under one single platform. It would act as a gateway to identify potential global markets and products, understand product standards across the globe, estimate freight cost, introduce exporters and importers to the various credit and insurance facilities available, identify agencies providing handholding, apart from a host of other value added services. This endeavour is aimed to benefit firms, especially SMEs, to make sound business decisions during their expeditions overseas.

EXIM Mitra was launched on January 6, 2017 in Mumbai, India, in the presence of a host of dignitaries, comprising of top bankers, diplomats from various countries and trade organizations.