Loans to Importers and Exporters
LOANS TO IMPORTERS AND EXPORTERS
OBJECTIVES To study and understand in detail about the loan facilities provided to the importers and exporters by the banks. To identify the role of Banks in encouraging Exports by providing finance. To know the Interest rates charged by the banks for various facilities. To study the fee based services provided by banks that are included in trade finance. To see the growth of trade finance in the economy.
SCOPE
This project concentrates on the following areas: * Exports Finance types, objectives . * Imports Finance types. * Factoring and forfeiting concepts in foreign markets. * Role and objectives and services of EXIM bank. * Role of Export credit guarantee corporation of India. * Nature of financing by banks and various interest rates charged by different banks in Mumbai. * Contribution of various banks in trade finance.
LIMITATIONS.
The banks were reluctant to provide with information about the rates of interest. Lack of information on the part of employees. These was found in both private and nationalized banks.
METHODOLOGY Methodology is the means, techniques and frames of references by which researches approach and carry out enquiry on a particular topic. Following methodology was adopted:
NO. | CHAPTER NAME | PAGE NO | 1 | INTRODUCTION | 6-7 | 2 | EXPORT | 8-22 | 3 | IMPORTS | 23-30 | 4 | FACTORING AND FORFEITING | 31 | 5 | EXIM BANK | 32-36 | 6 | ECGC | 37-44 | 7 | DIFFERENT INTEREST RATES OFFERED BY BANKS | 45-47 | 8 | NATURE OF FINANCING BY BANKS | 48-50 | 9 | RELATIONSHIP BETWEEN NUMBER OF TRANSACTIONS AND INTEREST CHARGES | 51 | 10 | CONTRIBUTION BY VARIOUS BANKS IN TRADE FINANCE | 52 | 11. | CONCLUSION | 53-54 | 12 | ANNEXURES | 55-56 |
INTRODUCTION
Imports and Exports have been an integral part of our economy since a very long time. Trade financing is a way to import and export goods and
OBJECTIVES To study and understand in detail about the loan facilities provided to the importers and exporters by the banks. To identify the role of Banks in encouraging Exports by providing finance. To know the Interest rates charged by the banks for various facilities. To study the fee based services provided by banks that are included in trade finance. To see the growth of trade finance in the economy.
SCOPE
This project concentrates on the following areas: * Exports Finance types, objectives . * Imports Finance types. * Factoring and forfeiting concepts in foreign markets. * Role and objectives and services of EXIM bank. * Role of Export credit guarantee corporation of India. * Nature of financing by banks and various interest rates charged by different banks in Mumbai. * Contribution of various banks in trade finance.
LIMITATIONS.
The banks were reluctant to provide with information about the rates of interest. Lack of information on the part of employees. These was found in both private and nationalized banks.
METHODOLOGY Methodology is the means, techniques and frames of references by which researches approach and carry out enquiry on a particular topic. Following methodology was adopted:
NO. | CHAPTER NAME | PAGE NO | 1 | INTRODUCTION | 6-7 | 2 | EXPORT | 8-22 | 3 | IMPORTS | 23-30 | 4 | FACTORING AND FORFEITING | 31 | 5 | EXIM BANK | 32-36 | 6 | ECGC | 37-44 | 7 | DIFFERENT INTEREST RATES OFFERED BY BANKS | 45-47 | 8 | NATURE OF FINANCING BY BANKS | 48-50 | 9 | RELATIONSHIP BETWEEN NUMBER OF TRANSACTIONS AND INTEREST CHARGES | 51 | 10 | CONTRIBUTION BY VARIOUS BANKS IN TRADE FINANCE | 52 | 11. | CONCLUSION | 53-54 | 12 | ANNEXURES | 55-56 |
INTRODUCTION
Imports and Exports have been an integral part of our economy since a very long time. Trade financing is a way to import and export goods and