India Exim Bank Achieves Record Growth with Emphasis on Green Finance and Export Competitiveness
India’s Exim Bank posts strong commercial and developmental performance, integrating green finance framework and supporting ESG compliance across industries. ESG BROADCAST shares key takeaways.
India’s Export-Import Bank (Exim Bank) announced its financial and operational results for the fiscal year 2024–25 showing strong growth across its loan book, developmental mandates, and sustainability-linked activities. The results underscore the institution’s strategic alignment with India’s trade promotion objectives and international ESG compliance commitments.
During FY2024-25, Exim Bank sanctioned fresh loans amounting to ₹1,39,871 crore, leading to an 18% increase in its total loan portfolio. This expansion was driven by elevated credit demand in clean and renewable energy, e-mobility, high-tech, pharmaceuticals, and aerospace sectors. Notably, the corporate loan book rose by 31% year-on-year, reflecting Exim Bank’s intensified support for globalisation and export competitiveness of Indian companies.
On the policy front, Exim Bank continued its administration of Government of India-supported Lines of Credit (LOCs), which stood at 293 active projects amounting to US$27 billion as of March 31, 2025. These LOCs enabled Indian enterprises to participate in developmental projects abroad, with 965 contracts worth nearly US$16 billion already covered. Through this mechanism, India’s international trade footprint and soft diplomacy gained further leverage, particularly in socio-economically strategic geographies.
For FY2024–25, the Bank’s commercial lending towards export-oriented businesses totalled ₹1,33,888 crore. Assistance was extended to 89 project export contracts across 35 countries, valued at ₹56,853 crore. Additionally, ₹4,641 crore in funding was sanctioned to 14 Indian corporates for overseas investment across eight countries. The Bank’s support has so far enabled the creation of 713 joint ventures or wholly-owned subsidiaries across 78 nations.
Micro, Small and Medium Enterprises (MSMEs) received targeted backing under Exim Bank’s Trade Assistance Programme (TAP), which helped bridge finance gaps in 1,139 trade transactions across 51 countries. Since its 2022 launch, TAP has enabled over US$3 billion in incremental exports by 160 exporters based in 60 Indian cities. The Ubharte Sitaare Programme (USP) disbursed ₹1,522 crore to 85 emerging enterprises, many in sustainability and climate-tech spaces.
Exim Bank also issued two sustainable bonds under its ESG Framework, furthering its commitment to climate-friendly investments. Under its Sustainable Financing Programme, support was extended to 36 companies in solar, wind, cleantech, and sustainable agriculture. This initiative was recognised by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) with an award in the ‘Environmental Development’ category.
In terms of resource mobilisation, Exim Bank raised ₹71,424 crore in capital, including US$2.27 billion in foreign currency. A key highlight was a US$1 billion bond issuance that achieved the tightest 10-year spread for a ‘BBB-‘ rated USD issuance from Asia (ex-Japan). All credit ratings from Moody’s, S&P, Fitch, and JCR remain investment-grade and aligned with India’s sovereign ratings.
Strategic significance lies in the Bank’s deepening integration of ESG principles into financial operations, aligning credit policies with climate risk disclosure and green finance imperatives. For sustainability officers and policy leaders, Exim Bank’s FY2024–25 performance serves as a model for harmonising national development objectives with international ESG compliance standards.
ESG BROADCAST will continue monitoring the updates related to this topic. Stay tuned to be updated on the related policy and pivotal regulatory shift.
