Bank of baroda

Other Corporate Products and Services
Foreign Currency Credits
We provide loan facilities in foreign currencies inside India and abroad. Foreign currency denominated loans in India are
granted against the foreign currency funds a bank has on account of FCNR (B) deposits. With a wide global presence,
we have a large base of NRI customers. This enables us to pool a large resource base of FCNR (B) deposits, putting us
in a position to offer foreign currency loans in India at very competitive rates. Currently, corporations can raise funds in
foreign currencies through credit facilities.
With a presence at major financial centres of the world, we also have a strong foreign currency resource base at our
money centre branches. This enables us to arrange for and grant foreign currency loans to NRIs as well as multinational
corporations at competitive rates. Foreign currency loans to Indian corporations are granted as per the external commercial
borrowing policy of the Government of India and the Reserve Bank of India.
External Commercial Borrowings
External Commercial Borrowings refers to foreign currency borrowings raised by Indian corporations from confirmed
banking sources outside of India. With offices in many of the major global financial centers in the world, we are an active
player in granting and arranging ECBs for Indian corporations.
To facilitate ECBs, we have established a dedicated syndication desk in our international division, corporate office,
Mumbai, India for sanctioning and arranging ECBs by way of syndicated loans, FRNs, bonds and other forms of foreign
currency funding. Our services in Mumbai are supplemented by a specialized global syndication center in London, which
has the sole task of arranging funds for Indian corporations from international markets.
By continuously arranging syndicated loans to Indian corporations and leveraging our strong global presence, we have
developed very strong relationships with a large number of banks across the globe. As a result, we are well equipped
and strategically positioned to create and offer innovative products that are tailor made to the needs of Indian corporations.
Export Credits
We offer both pre and post shipment credit to Indian exporters through Rupee denominated loans as well as foreign
currency loans in India. Post shipment finance is extended by way of discounting of export bills to exporters at internationally
competitive interest rates.

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BANK OF BARODA
Import Finance
We provide various types of credit facilities and other services to importers in their import business to India. The various
facilities provided include collection of import bills, provision of import letters of credit, foreign currency loan financing and
issuing of guarantees on behalf of importers.