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Last update: 2024-11-08 11:45:15
World Trade Center Mumbai, location of India Export-Import Bank's offices. Photo: Mark0687 via Wikimedia Commons (Public Domain license)

Active

This profile is actively maintained
Last update: 2024-11-08 11:45:15
About
Website http://www.eximbankindia.in
Headquarters
21st Floor, Centre One Building, World Trade Centre, Cuffe Parade-Colaba
400005 Mumbai
India
CEO/chair Harsha Bangari
Managing Director
Supervisor
Reserve Bank of India
Ownership

India Exim Bank is 100% owned by the Government of India.

India Exim Bank operates as an export finance institution in India. It was founded in 1982 and is headquartered in Mumbai, India. The bank offers services, such as finance for export of projects, capital equipment finance, export project cash-flow deficit finance, and guarantees.

Sustainability
Commitments
Policies
Voluntary standards

India Exim Bank's most important sustainability commitments can be found at the website sections listed below.

Links

ESG Framework

Environmental, social and governance policy for sustainable development / responsible financing

Bank policy
2024-04-30 00:00:00 | India Exim Bank

ESG Framework

Bank policy
2021-12-31 00:00:00 | India Exim Bank

Citizens' charter

Bank policy
2019-12-17 00:00:00 | Export-Import Bank of India

Slavery and human trafficking statement

Bank policy
2019-03-31 00:00:00 | Export-Import Bank of India

Anti-money laundering questionnaire

Bank policy
2018-04-05 00:00:00 | Export-Import Bank of India
India Exim Bank has committed itself to the following voluntary standards:
Global Reporting InitiativeTags: sustainable development | human rights
Dodgy Deals

India Exim Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of India Exim Bank's link to these deals.

Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

Coal Havens - Asia’s biggest banks still open for coal business after COP28

The largest banks in India and Indonesia – global hotspots of the coal industry's growth – have no coal exclusion policy
2024-01-23 | Will O'Sullivan – BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Why the Sunderbans and Royal Bengal Tiger are in danger

2018-11-21 | dailyO
BankTrack news BankTrack blog Partner news Partner blog

Vessel with 775MT coal sinks in Sundarbans

2018-04-15 | The Daily Star
Blog
BankTrack news BankTrack blog Partner news Partner blog

Report Shines a Light on Hidden Backers of World’s Most Destructive Coal Project

2017-10-12 | Inclusive Development International
BankTrack news BankTrack blog Partner news Partner blog

Rampal Power Plant: Myths debunked

2017-06-01 | The Daily Star
BankTrack news BankTrack blog Partner news Partner blog

Norway Wealth Fund drops Bharat Heavy on environmental risk

2017-05-05 | Bloomberg
BankTrack news BankTrack blog Partner news Partner blog

Greenpeace: Rampal plant could cause 6,000 early deaths

2017-05-05 | Dhaka Tribune / Agence France Presse
Blog
BankTrack news BankTrack blog Partner news Partner blog

Ex-Im Bank of India confirms $1.6bn loan for Rampal coal plant to bankroll Sundarbans destruction

2017-04-11 | Nijmegen, the Netherlands | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Al Gore and Bangladesh PM spar over coal plants in the Sundarbans

2017-03-30 | Mongabay
BankTrack news BankTrack blog Partner news Partner blog

Environmentalists pen open letter on coal power plants to Bangladesh, India

2017-03-30 | Dhaka Tribune
BankTrack news BankTrack blog Partner news Partner blog

Bangladeshi and Indian prime ministers urged to protect Sundarbans from coal-fired power plant

More than 70 non-governmental organisations from around the world have called for the cancellation of the proposed Rampal coal power plant, in an open letter to the governments of Bangladesh and India.
2017-03-30 | Protect the Forest
BankTrack news BankTrack blog Partner news Partner blog

Another coal barge sinks in the Sundarbans World Heritage site

2017-01-16 | EcoWatch
BankTrack news BankTrack blog Partner news Partner blog

Another shipping disaster in the Sundarbans

2017-01-16 | thethirdpole.net
BankTrack news BankTrack blog Partner news Partner blog

A requiem for the Sundarbans

2016-11-06 | The Daily Star
Blog
BankTrack news BankTrack blog Partner news Partner blog

UNESCO recommends cancellation of Rampal coal plant in Bangladesh, increasing reputation risk for Ex-Im Bank of India 

2016-10-18 | Nijmegen, the Netherlandss | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Debate over Rampal: 10 questions - authorities answers, counter response

2016-09-07 | The Daily Star
BankTrack news BankTrack blog Partner news Partner blog

Exim Bank raises $1 bn from overseas bonds

2016-07-31 | The Hindu Business Line
BankTrack news BankTrack blog Partner news Partner blog

Scrap Rampal power deal

2016-07-14 | The Daily Star
BankTrack news BankTrack blog Partner news Partner blog

The India-Bangladesh Rampal Power Project Is A Waste Of Resources. Here's An Alternative

2016-06-24 | Huffington Post India
BankTrack news BankTrack blog Partner news Partner blog

Exim Bank seeks equity infusion to be enhanced to Rs 1,300 cr

2016-06-22 | Business Standard
BankTrack news BankTrack blog Partner news Partner blog

Rampal power cost to rise significantly

2016-06-18 | The Daily Star
BankTrack news BankTrack blog Partner news Partner blog

Delhi-Dhaka power project headed for financial mess: Think tank

2016-06-18 | Business Standard
BankTrack news BankTrack blog Partner news Partner blog

NTPC's Bangladesh project puts Exim Bank's global credibility at risk: IEEFA

2016-06-17 | Business Standard
BankTrack news BankTrack blog Partner news Partner blog

A Step Backward for Bangladesh

2016-06-17 | Institute for Energy Economics and Financial Analysis
BankTrack news BankTrack blog Partner news Partner blog

Exim Bank of India - stop support for the Rampal Coal Power plant!

2016-05-26 | The Ecologist
BankTrack news BankTrack blog Partner news Partner blog

Rampal Power Plant: Indian bank urged not to finance it

2016-05-13 | The Daily Star
BankTrack news BankTrack blog Partner news Partner blog

International coalition issues urgent appeal to save Bangladeshs people and tigers from Rampal coal plant

2016-05-11 | Waterkeeper Alliance
Blog
BankTrack news BankTrack blog Partner news Partner blog

International coalition issues urgent appeal to save Bangladesh´s people and tigers from coal

Over 70 NGOs from 29 countries send urgent appeal to Exim Bank of India not to finance Rampal coal plant
2016-05-09 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

India’s EXIM Bank to embark on new cooperation with Bangladesh after ‘historic’ LoC

2016-03-10 | bdnews24.com
BankTrack news BankTrack blog Partner news Partner blog

Line of Credit Agreement for Rampal and Bangladesh

2016-03-10 | Indian Exim Bank
BankTrack news BankTrack blog Partner news Partner blog

Govt to infuse Rs 1,300 crore in EXIM Bank

2016-03-06 | Business Standard
BankTrack news BankTrack blog Partner news Partner blog

Indian firm wins contract to build Rampal power plant

2016-02-23 | The Daily Star
BankTrack news BankTrack blog Partner news Partner blog

Exim Bank seeks Rs 1,700 cr govt fund infusion in FY17

2016-02-09 | Financial Express
BankTrack news BankTrack blog Partner news Partner blog

Exim Bank of India raises US$ 500 MN for a 5.5years tenor at a coupon of 3.125% per annum

2016-01-18 | India Exim Bank
BankTrack news BankTrack blog Partner news Partner blog

Exim Bank of India raises US$ 500 MN for a 5 years tenor reg s green bond at a coupon of 2.75% per annum

2015-03-24 | India Exim Bank
BankTrack news BankTrack blog Partner news Partner blog

Govt to infuse Rs 1,300 crore in EXIM Bank

2015-03-06 | Business Standard
BankTrack news BankTrack blog Partner news Partner blog

Exim Bank of India raises US$ 500 MN for a 5.5years tenor at a coupon of 2.75% per annum

2015-02-06 | India Exim Bank
Resources
Documents

CSR report 2023-2024

Annual report
2024-07-16 00:00:00 | India Exim Bank

Annual report 2023-2024

Annual report
2024-06-04 00:00:00 | India Exim Bank

Environmental, social and governance policy for sustainable development / responsible financing

Bank policy
2024-04-30 00:00:00 | India Exim Bank

Coal Havens

The banks and loopholes keeping coal finance alive in Asia
BankTrack publication
2024-01-23 00:00:00 | BankTrack

CSR report 2022-2023

Annual report
2023-07-11 00:00:00 | India Exim Bank

Annual report 2021 - 2022

Annual report
2022-06-14 00:00:00 | India Exim Bank

ESG Framework

Bank policy
2021-12-31 00:00:00 | India Exim Bank

Annual report 2020-2021

Annual report
2021-07-06 00:00:00 | India Exim Bank

Who is who in the Chinese lending institutional landscape

NGO document
2020-10-28 00:00:00 | Urgewald

Annual report 2019-2020

Annual report
2020-07-01 00:00:00 | India Exim Bank

Adding fuel to the fire

Export credit agencies and fossil fuel finance
NGO document
2020-01-31 00:00:00 | Friends of the Earth US, Oil Change International

Annual report 2018-2019

Date listed represents date as accessed on website
Annual report
2019-12-17 00:00:00 | Export-Import Bank of India

Citizens' charter

Bank policy
2019-12-17 00:00:00 | Export-Import Bank of India

Slavery and human trafficking statement

Bank policy
2019-03-31 00:00:00 | Export-Import Bank of India

Annual report 2017-2018

Annual report
2018-06-30 00:00:00 | Export-Import Bank of India

Anti-money laundering questionnaire

Bank policy
2018-04-05 00:00:00 | Export-Import Bank of India

Open letter: Protect Sundarbans from coal-fired power plants

Addressed to the presidents, prime ministers, ministers of state and ministers of Bangladesh and India
NGO document
2017-03-30 00:00:00 | Protect the Forest

Summary of independent expert analyses of the Rampal Power Plant

NGO document
2016-10-07 00:00:00 | National Committee for Saving the Sundarbans

Rebuttal of the National Committee for Saving the Sundarbans (NCSS) to the Maitree Power Plant Authority’s 10 Point Q&A of July 2016

NGO document
2016-09-06 00:00:00 | National Committee for Saving the Sundarbans

Auditor's certification of Exim Bank of India Green Bonds

Other bank document
2016-05-15 00:00:00

Letter from BankTrack to Exim Bank of India on Abandoning Rampal financing plans

Correspondence
2016-05-10 00:00:00 | BankTrack

Investor presentation

Other bank document
2015-12-01 00:00:00

Corporate presentation

Other bank document
2015-04-30 00:00:00

Highlights of the past decade

Other bank document
2014-06-01 00:00:00

Buyer's Credit

Other bank document
2013-04-20 00:00:00

Exim Bank’s Buyer’s Credit Under NEIA Programme

Other bank document
2013-04-20 00:00:00

New Renewable Energy India

Harnessing the potential
Other bank document
2011-01-06 00:00:00

Export-Import Bank of India Act

Other bank document
1981-01-01 00:00:00
Accountability
Grievances

India Exim Bank operates a grievance redressal mechanism, which can be accessed here.

This page evaluates India Exim Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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Good Moves

Good moves

Year: