Various types of credit facilities, both non fund and fund based, that the project exporters may need at the time of bidding and/ or for execution of the project are arranged by us.

The Policy gives greater priority for projects in Infrastructure, Power, Oil Exploration, Telecom, Railways, Roads & Bridges, Ports, Industrial Parks and Urban Infrastructure and Export Sectors.

Banks makes or guaranties a loan to a project company, and in underwriting this type of transaction, Banks are relying mainly on the overseas project for repayment of the loan. Banks carefully analyzes the economic, technical, marketing, and financial soundness of the project to determine its creditworthiness.

There must be adequate cash flow to pay all operational costs and to service all debt. It is expected that collateral, in the host country, will be provided to secure the loan. The project sponsors are expected to support the overseas operation until certain specific tests for physical completion, operational implementation, and financial soundness are met. To the extent that project financing is appropriate, sponsors may not need to pledge their own general credit beyond required completion undertakings.