Kunal is a communications professional with 15 years of experience in banking, media and FMCG sectors. He joined Export-Import Bank of India (Exim Bank) in 2010 and is currently working as Chief Manager - Corporate Communications, primarily handling advertising, public relations and digital initiatives. Prior to this, he has served a stint at the Singapore Representative Office of the Bank. Before joining Exim Bank, Kunal worked as a Brand Manager of one of India’s leading financial daily, The Financial Express, and as a communications consultant with Indian PR advisory firms.
Kunal holds a Master’s Degree in Mass Communications and a Post Graduate Diploma in Business Journalism & Corporate Communications from Delhi University. He has a Master’s in Business Administration from Institute of Management Technology and completed his Bachelor’s Degree in Financial & Investment Analysis from Delhi University.
He enjoys cooking different cuisines and travelling during his free time.
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. 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, 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.
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.
To know more about the Bank, visit: www.eximbankindia.in