Mr David Lienzahav Sinate
Chief General Manager
Export-Import Bank of India
India
W : www.eximbankindia.in
Industry / Sector
Financial Services
Personal Profile
Mr. David L. Sinate is Chief General Manager in-charge of Research and Analysis Group at Exim Bank’s Headquarters in Mumbai. Mr. Sinate’s areas of specialization include international trade and finance. He supervises and coordinates the research activities in the Bank, which include: analyzing and monitoring global trade and economic developments, both at regional and country level; assessing country risks and potential; with a view to identifying India’s trade and investment potential. He has represented Exim Bank of India in a number of seminars and meetings both in India and overseas. He has past experience in handling various other groups within the Bank, which include inter alia, Corporate Communications, Export Marketing, IT Infrastructure, Administration, Overseas Offices Coordination, and Internal Audit. Prior to joining Exim Bank of India in 1998, he worked as Research Officer in the Reserve Bank of India, Central Office, Mumbai. Mr. Sinate obtained his Bachelors degree (Economics Honours) from Delhi University, and Masters degree (Economics) from Jawaharlal Nehru University, New Delhi. His interests include photography, table tennis, music (guitar).
Company Profile
EXPORT-IMPORT BANK OF INDIA
Export-Import Bank of 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 and 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 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 (LOC) 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.
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 projects or for acquisition of companies overseas. The service is provided on a success fee basis. The Bank supports the internationalisation endeavours of Small and Medium Enterprises (SMEs) and has also put in place a Technology and Innovation Enhancement and Infrastructure Development Fund to meet foreign currency capital requirements of Indian exporters, especially SMEs.
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.
For more information, visit www.eximbankindia.in.