Software Export Industry can be funded By Bank if strong Collateral given – Yaduvendra Mathur, CMD Exim Bank said at FICCI’s 13th Banking Conclave 2016

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FICCI Bank Conclave - EximBank1
FICCI Bank Conclave - EximBank1

FICCI’s 13th Banking Conclave was a knowledge exchange session between Industry Leaders and Yaduvendra Mathur, CMD Export Import Bank. A unique session for promotion of Export Import and how banks can support Letter of Credits, Back to Back LC and many other banking related issues made simple through exchange of ideas.

Mr. Mathur and pannel on the stage explained how the business can grow through Export and Import. Even Bank is giving priority to support with fund for the purchase of strong global Brands and Technology Know hows even in foreign lands.

North East states will be one of the focus area for his bank. While he holds high hope for West Bengal in future  of Export Import.

When asked will software export sector can also get the support from his bank Mr. Mathur said yes but we need strong IP collateral and proof of orders from reliable clients. If norms satisfied loans for working capital, equipment purchase etc. can be funded.

The conclave ended with vote of thanks from FICCI board members and audience.