Management

We are consistently fuelled by the innovative and forward-thinking spirits of those who lead our management. Their thinking percolates down to each and every member of the team and makes the change possible.

Managing Director

Deputy Managing Directors

Managing Director

Managing Director of Exim Bank

HARSHA BANGARI

Managing Director

Ms. Harsha Bangari is the Managing Director of the Bank. Prior to this, she was the Deputy Managing Director and Chief Financial Officer of the Bank.

Having joined the India Exim Bank in 1995, Ms. Bangari is a seasoned finance professional with experience of more than 27 years in the financial sector and has thorough knowledge of the Bank’s processes and business policies across functions, covering all products of the Bank including cross border project financing as well as Risk Management, Client Servicing and Liability side management, including Treasury Functions and Foreign Currency Resources. Her areas of interest include international debt capital markets and international project finance, where she has an operational experience of more than 14 years.

Ms. Bangari is a Bachelor of Commerce and a Chartered Accountant.

Deputy Managing Directors

TARUN SHARMA

Deputy Managing Director

Tarun Sharma is the Deputy Managing Director of India Exim Bank. Prior to this, he was the Chief Financial Officer of the Bank and also lead the Bank’s technology initiatives. He has over two decades of global experience in trade, competitiveness, industry and infrastructure development and policy.

Prior to his stint as the CFO, Tarun was heading the Bank's New Delhi Office, with responsibilities covering structuring finance for enhancing capability of Indian companies; supporting socio-economic development projects in partner countries; handling government affairs, and contributing to policy formulation. During this time, Tarun was also responsible for launching a new initiative ‘Ubharte Sitaare Programme’ to identify enterprises that have latent potential by way of technology, product or process, and support them through a mix of debt, equity and technical assistance.

Tarun has, over the past two decades, worked across various functional groups across the Bank, including the Bank’s policy business, strategy formulation and a stint as the Executive Assistant to the Chairman. He has also served as the Bank’s Resident Representative (Americas) based in Washington DC, followed by a stint as a consultant with the World Bank’s Capacity Development and Partnerships Unit.

Tarun has authored a book ‘Project Exports: Connecting Continents with Indian Expertise’, exploring the instrumental role that project exports are capable of playing in India’s quest for a sustainable rapid economic growth. He has a bachelor’s degree in engineering from Pune, followed by a postgraduate programme in management studies from Mumbai, and an advanced executive management programme from Cornell University in the U.S.

Tarun enjoys reading, listening to music and dabbling in technology in his spare time.

Deputy Managing Directors

DEEPALI AGRAWAL

Deputy Managing Director

Ms. Deepali Agrawal joined the Bank in 1995 after completion of her master’s in management studies (Finance) from the Jamnalal Bajaj Institute of Management Studies, Mumbai. She is a commerce graduate and has worked in different capacities at both the domestic and international offices of the Bank over the past twenty-eight years. She has headed the Bank’s Western Region Representative Office and Singapore Representative Office. Having worked in diverse areas like Corporate Banking, Project Exports, Communications and Brand Management, Upliftment of Grassroots level artisans, Women Empowerment and Skill Development, Human Resources Management, Special Situations Group, she has successfully delivered the organisational goals, set in domestic and international markets. She is currently the Chief Financial Officer and head of the Treasury and Accounts Group of the Bank.

Ms. Agrawal is a qualified assessor for the Confederation of Indian Industry-Exim Bank Award for Business Excellence, which was instituted with the aim of enhancing the competitiveness of Indian companies. As a nominee director, she has been on the Board of several companies in diverse sectors. She has participated and contributed as a working group member at government-level committees related to policy development and road map development. Her key achievements include enhancing the Bank’s brand image and visibility, besides the upliftment of the grassroots level artisans and women empowerment through ideating, conceptualising, and implementing new initiatives. During the pandemic, she exceptionally managed the manpower resources and ensured safety of all staff by proactively bringing in innovative measures and ensured smooth functioning. She has also contributed majorly to building the asset base, increase in income and substantial recoveries for the Bank.

Chief General Managers

MUKUL SARKAR

Mr. Mukul Sarkar is B.Tech (Hons.) in Mechanical Engineering from Indian Institute of Technology, Kharagpur and holds Post Graduate Diploma in Management from Indian Institute of Management, Kolkata. He joined the Bank in 1998 and at present heads the Risk Management Group as the Chief Risk Officer of the Bank. He is also the Chief Strategy Officer. Prior to this assignment, he was heading the Project Exports Group. Mr. Sarkar has professional experience of more than 25 years in investment banking, corporate credit, project finance, cross border acquisition financing, SME lending and structured trade finance.

Chief General Managers

DAVID SINATE

Mr. David L. Sinate is Chief General Manager in-charge of Research and Analysis Group at Exim Bank’s Headquarters in Mumbai. Mr. Sinate’s areas of specialization include international trade and finance. He supervises and coordinates the research activities in the Bank, which include: analyzing and monitoring global trade and economic developments, both at regional and country level; assessing country risks and potential; with a view to identifying India’s trade and investment potential. He has represented Exim Bank of India in a number of seminars and meetings both in India and overseas. He has past experience in handling various other groups within the Bank, which include inter alia, Corporate Communications, Export Marketing, IT Infrastructure, Administration, Overseas Offices Coordination, and Internal Audit. Prior to joining Exim Bank of India in 1998, he worked as Research Officer in the Reserve Bank of India, Central Office, Mumbai. Mr. Sinate obtained his Bachelors degree (Economics Honours) from Delhi University, and Masters degree (Economics) from Jawaharlal Nehru University, New Delhi. His interests include photography, table tennis, music (guitar).

Chief General Managers

RIMA MARPHATIA

A commerce graduate, Ms. Rima Marphatia also holds a Post Graduate Diploma in Business Management from the Indian Institute of Management, Bangalore, with a specialization in finance. At present, she heads the Internal Audit Group of the Bank. Ms. Marphatia has over 30 years of experience in the areas of corporate lending, treasury, accounting, management information systems, risk management and audit. She has benefited from a number of specialised training programmes both in India and abroad. She has represented Exim Bank on various committees set up by the Reserve Bank of India on issues pertinent to Financial Institutions and has served as the Bank’s Nominee Director on the Boards of assisted companies.

Chief General Managers

MANJIRI BHALERAO

Ms. Manjiri Bhalerao joined the Bank in 1997. She holds a B.Tech (Hons.) degree in Computer Science from the Indian Institute of Technology, Roorkee, and a Master’s in International Business from the Indian Institute of Foreign Trade, Delhi. She is also a Certified Associate of Indian Institute of Bankers. Presently, she is the Chief Compliance Officer and also heading the Sustainability Group in the Bank. Before this she was heading the Corporate Banking Group (handling Commercial Banking Business) and Special Situation Group (handling Stressed Assets) of the Bank. Ms. Bhalerao has over 25 years of pan-India experience in areas of project finance, infrastructure financing, corporate credit, investment banking, overseas investment finance and trade finance. Relationship management, financial structuring in India and overseas and handling Special Situations Accounts are her key strengths. She has worked in various capacities in Exim Bank’s New Delhi Office as well. She has also been on the Boards of companies in a cross section of industries.

Chief General Managers

GAURAV BHANDARI

Mr. Gaurav Bhandari is a Chief General Manager heading the Bank’s Digital & Technology Group and Corporate Communications Group.

Mr. Gaurav Bhandari, a first class graduate in Economics Honours from Sri Ram College of Commerce, Delhi University, is an alumni of Indian Institute of Management, Kolkata with specialisation in Finance and Marketing. He is a Cost & Management Accountant (CMA), a Certified Associate of the Indian Institute of Bankers (CAIIB), a Certified Banking Compliance Professional of the Indian Institute of Banking & Finance (IIBF). He has been awarded Certificate in Risk in Financial Services by the Chartered Institute for Securities & Investments (CISI) and IIBF and has successfully completed the Leadership Development Programme for Senior Management of Public Sector Banks organised by Banks Board Bureau (BBB).

Mr. Bhandari has over 30 years of experience working in All India Financial Institutions in diverse areas such as lines of credit, corporate banking, structured lending, international trade / investment finance, accountancy, liability side management, including the treasury function and foreign currency resource raising, grassroots initiative development, marketing advisory services, stressed account management and recovery, risk management & compliance.

He has also held the positions of Compliance Officer and Chief Risk Officer of the Bank. He has served as the Bank’s Resident Representative based in London and later as Chief Executive of the London Branch.

Prior to current responsibilities he has held charge of the Lines of Credit Group, a flagship program and Corporate Appraisal Group. His areas of interest include international trade finance, international debt capital markets.

Chief General Managers

UTPAL GOKHALE

Mr. Utpal Gokhale hold a Bachelor’s Degree in Electronics Engineering and a Post Graduate Diploma in Management from IIM, Bangalore. Mr. Gokhale has nearly three decades of work experience and has served in various departments at the top management level, such as Credit, Management Information Systems, Risk Management and Administration.

Chief General Managers

VIKRAMADITYA UGRA

Mr. Vikramaditya Ugra joined India Exim Bank in 1996. He has served across diverse functions over the years ranging from Project Exports, Export Credit, Lines of Credit and Corporate Banking, to Strategy, Compliance, Research & Analysis and Marketing Advisory Services. Mr. Ugra has held prior positions of Chief Executive of the London Branch, Chief Compliance Officer, Secretary to the Board of Directors and Regional Head at the Bank's regional offices at Mumbai and Pune. He has been a member of key internal teams of the Bank which were responsible for setting up the first branch of the Bank in London, restructuring the Bank’s commercial business verticals, and undertaking consultancy studies on capacity building for export credit for financial institutions in South Africa and Ghana. He is a qualified assessor for the Confederation of Indian Industry - Exim Bank Award for Business Excellence, a Total Quality Management award based on the TQM model of the European Foundation for Quality Management.
He has been a Director on the Boards of Indian companies and has lectured at Bank training colleges and industry bodies in India on various aspects of export financing. After graduating in Economics from the University of Mumbai, Mr. Ugra secured a Master's degree in Management Studies from Mumbai's Jamnalal Bajaj Institute of Management Studies. He also holds an Advanced Certificate in Compliance (UK) from the University of Manchester Business School.

Chief General Managers

LOKESH KUMAR

Mr. Lokesh Kumar is a graduate in Civil Engineering from National Institute of Technology, Patna, holds a Master’s Degree in Marketing Management from LN Mishra Institute, Patna, and a Post-Graduate Diploma in Financial Management from Indira Gandhi National Open University. He is a Certified Associate of Indian Institute of Bankers.

Having joined Exim Bank in 2008, he is currently heading the Infrastructure Group and DPA – III assignment of the Bank. In addition, he is also responsible for the Administration of Bank’s New Delhi office. Prior to this assignment, Mr. Kumar headed the New Business Development Group of the Bank at Mumbai. As Head of New Business Development Group, he handled the Trade Assistance Programme, Factoring and Grass Root Initiative of the Bank. Mr. Kumar has also headed Bank’s Human Resource Management, Rajbhasha and Special Situations Group, besides Bank’s London Branch and Pune Regional Office. Mr Kumar has earlier worked in the Corporate Banking, Project Exports and Trade Finance groups of the Bank. He was part of the Bank's team that undertook a consultancy assignment for capacity building of the Sri Lanka Export Credit Insurance Corporation, which was commissioned by the Commonwealth Secretariat, London.

Mr. Kumar has over 29 years of professional experience in the banking sector, that includes commercial banking experience of over a decade. Having travelled moderately, domestically as also internationally, He has interests in networking, reading, cooking and travel.

Chief General Managers

RIKESH CHAND

Mr. Rikesh Chand has more than 25 years of work experience, with over 18 years in India Exim Bank, in various roles and in different locations. He joined the Bank in 2004 and is currently spearheading one of Bank’s flagship programme i.e. Buyer’s Credit under the National Export Insurance Account [ BC-NEIA] . Prior to this, he has headed the Bank’s Special Situations Group and the Bank’s offices in Dubai [UAE] and Ahmedabad. Mr. Chand has professional experience in corporate banking, trade finance and recovery; besides commercial banking experience of four years. He holds a bachelor’s degree in Mechanical Engineering from the National Institute of Technology [NIT], Surat, and is a Certified Associate of the Indian Institute of Bankers.

Mr. Chand has travelled across the world for business and has also made presentations in international events and fora. His areas of interest include capital markets and stress asset management.

General Managers

T.D. SIVAKUMAR

Mr. T.D. Sivakumar has around 28 years of industry experience, with around 24 years in India Exim Bank, in various roles and in different locations and 4 years of early-career industry experience. He joined the Bank in 2000 and is currently heading International Relations Group. Prior to this, he has headed the Bank’s Credit Appraisal, Factoring Business, Business Development, Project Exports and Corporate Banking Groups and the Bank’s offices in Washington DC, Chennai and Bengaluru. He has been part of many Integrated Analysis Groups and Task Forces within the Bank, steering strategic business decisions, including the Bank’s Medium Term Business Strategy and the reorganization of the Bank’s Commercial Business.

Mr. Sivakumar was selected by the Washington D.C. based Institute of International Finance for its Future Leaders Group in 2014, with participants, who are all 40 or under and nominated by their institutions, based on a track record of achievement within the institution and their potential to become a future leader in global finance. He has attended the Financial Services Institutions Bureau and Indian Banks’ Association’s Leadership Development Programme for Senior Management of Public Sector Banks organized by Indian Institute of Management-Bangalore and the Advanced Leadership Programme : Credit, Markets and Financial Technologies, jointly organized by CAFRAL and McDonough School of Business, Georgetown University, Washington DC, USA. He has also attended High Performers’ Leadership Development Programme, jointly organized by ICLIF, Malaysia and Australian Institute of Management, Australia. He was Member of Advisory Group for Commonwealth Small States Trade Finance Facility. Mr. Sivakumar is also a qualified assessor for the Confederation of Indian Industry - Exim Bank Award for Business Excellence, a Total Quality Management award based on the TQM model. He has made presentations and participated in panel discussions in various fora in India and abroad on various topics on Indian economy, international trade, export credit, etc. Representing the Bank, he has been a Director in the Board of a few assisted companies.

Mr. Sivakumar holds a bachelor’s degree in leather technology from Alagappa College of Technology, Anna University, Chennai, and a master's degree in business administration (with specialisation in finance & marketing) from Bharathidasan Institute of Management, Tiruchirappalli. He has also completed the World Bank Group’s Massive Open Online Courses on Financing for Development and Public Private Partnerships.

He is married and lives in Mumbai with his family. In his leisure time, he enjoys time with the family, watching movies and travelling.

General Managers

MEENA VERMA

Ms. Meena Verma is a General Manager handling the Loan Monitoring Group.

Ms. Meena Verma, a graduate in Commerce from Mumbai University and a Management graduate, specialising in Finance and Marketing from the University of Pune. She, is a Certified Associate of the Indian Institute of Bankers (CAIIB), and has successfully completed the Leadership Development Programme for Senior Management of Public Sector Banks organised by Banks Board Bureau (BBB). Ms. Meena has over 28 years of experience working in All India Financial Institutions in diverse areas such as Integrated Treasury function, including investments/trading/derivatives, liability side management- domestic/foreign currency resources, Accountancy, Corporate credit, Lines of credit and refinance to SCBs and NBFCs and she has been part of key committees within the Bank related to Loan sanction, stressed assets, Risk management, Asset¬ Liability management, Funds management, Loan pricing and Sustainability Finance, etc. She has also travelled widely both within India and overseas as part of job responsibility.

Prior to current responsibility she was in-charge of the Lines of Credit Group, a flagship program of the Bank. Her areas of interest include international trade finance, domestic and international debt capital markets and Project appraisal and monitoring.

General Managers

DHARMENDRA SACHAN

Mr. Dharmendra Sachan is a seasoned Knowledge Management practitioner. He holds a bachelor’s degree in Commerce and a master’s degree in Library & Information Science from the University of Rajasthan. Additionally, he holds a diploma in Computer Science. With over 26 years of experience as a Chief Learning Officer and Chief Knowledge Officer in various organisations across India, Mr. Sachan's expertise is well-established. Mr. Sachan began his journey with Exim Bank in 1997 and currently holds leadership positions as the head of the Bank’s Marketing Advisory Services, Knowledge Centre, and Exim Mitra - a trade information and facilitation portal. In the past, he has successfully led Grassroots Initiatives and Development, Information Technology, and Rajbhasha groups of the Bank. Among his notable achievements are automation of more than 75 small and large libraries across India, Southeast Asia and Central America. He has also played a crucial role in establishing a fully Radio Frequency Identification-based Learning Resource Centre at Bank of Baroda and has spearheaded the initiation of knowledge management practices in libraries.
Outside of his professional accomplishments, Mr. Sachan is an avid cyclist and has been honoured with the prestigious ‘Brevets Randonneurs Mondiaux’ medal.

General Managers

SUJEET BHALE

Mr. Sujeet Bhale brings over 28 years of banking experience, including 7 years of overseas experience at London and Dubai mainly in corporate banking.

Mr. Sujeet currently heads Loan Operations and Monitoring Group at Exim Bank’s Head Office, where he manages operations and monitoring of the Bank’s two landmark programmes i.e. Ubharte Sitaare Programme and Trade Assistance Programme. Prior to this, he has headed important groups such as Credit Appraisal, Corporate Banking, Loan Operations, Special Situations, etc.

He held the position of the Chief Executive of the Bank’s London branch and headed the Bank’s Pune Regional Office in his earlier stints. While heading the London branch, Mr. Bhale was nominated as a member of the Advisory Group for Commonwealth Small States Trade Finance Facility. This group suggested a structure to facilitate trade growth with comparatively weaker Banks in smaller Commonwealth States.

He has been part of various Integrated Analysis Groups and Task Forces, set up by the Bank for taking strategic business decisions such as setting up of the Bank’s operations in GIFT City, reorganisation of the Bank’s commercial business, etc.

Mr. Sujeet was also a Nominee Director on the Boards of few companies (representing Exim Bank), where the Bank has taken an exposure.

Mr. Sujeet has recently completed 15 months deputation at National Bank for Financing Infrastructure and Development, a GoI owned Financial Institution dedicated for Infrastructure financing, where he looked after big-ticket Infrastructure accounts and contributed well by obtaining sanctions of over Rs. 20,000 crore, for the companies he handled.

Before joining Exim Bank in 2012, Mr. Sujeet worked for over 15 years in Bank of Baroda in various capacities, mainly handling loan syndications, project appraisal, infrastructure financing, techno-economic viability studies, etc. In Bank of Baroda, he was posted in Dubai for around 4 years, where he managed syndicated loans.

Mr. Sujeet holds a bachelor’s degree in engineering (Industrial Electronics), a master’s degree in business administration, and post graduate diploma in banking technology management from Institute for Development and Research in Banking Technology, Hyderabad (an Institute set up by the RBI). He is also a Certified Associate of Indian Institute of Bankers.

Mr. Sujeet has interest in political and financial matters. He also loves cricket and films.

General Managers

SHILPA WAGHMARE

Ms Shilpa Waghmare holds a bachelor’s degree in commerce and a Master’s degree in management studies from the University of Mumbai, with specialisation in finance. She is a Certified Associate of the Indian Institute of Bankers. She is currently in charge of Special Situations Group of the Bank. She joined the Bank in 2011 and prior to joining the Bank, she has worked in project finance, loan operations and asset management group of a state level financial corporation and asset reconstruction division of its subsidiary company. She has served across various functions in the Bank including stressed assets, liaising with the Bank’s overseas and domestic offices and project finance under commercial as well as policy business of the Bank. Prior to this, she was heading the Project Exports Group and Buyer’s Credit under National Export Insurance Account (BC-NEIA) group, which is one of the flagship programmes of the Bank. She has over two decades of professional experience in the areas of management and resolution of stressed assets, legal matters and project finance. Her areas of interest include music, dance, cooking and travel.

General Managers

UDAY SHINDE

Mr. Uday Shinde holds a bachelor’s degree in commerce and a master’s degree in personnel management & industrial relations from the Tata Institute of Social Sciences, Mumbai. He joined Exim Bank in 1997 and is currently heading the Human Resources Management Group. Mr. Shinde has professional experience of over 26 years in the human resources and administration area as a generalist. He has worked as Group Head of Human Resource Management Group, Corporate Communications Group, Administration Group and Rajbhasha Group. He is at present holding the position of Central Public Information Officer of the Bank under the RTI Act. His areas of interest include employee engagement, talent acquisition and management, and facility management. Besides this, Mr. Shinde has had stints under secondment at the Bank’s Corporate Banking Group and Johannesburg Representative Office. His areas of interest include sports like cricket and table tennis, watching astronomy related shows, cooking, travel and painting.

General Managers

NIRMIT VED

Mr. Nirmit Ved joined India Exim Bank in 2000 and is presently posted at the Bank’s New Delhi office, heading the Bank’s Lines of Credit Group and the Government Affairs Cell. He has earlier worked in various groups of the Bank at its Head Office, including Corporate Banking, SME, Business Development and Project Exports. He has also headed the Bank’s Mumbai regional office and the Bank’s overseas offices in Budapest and Dubai, where he was instrumental in setting up of the office. Mr. Ved led a team from the Bank to the CLMV countries as a part of an assignment of the Ministry of Commerce & Industry, Government of India (GoI), to conduct preliminary research for potential for Indian investments in the region, under the GoI’s Act East Policy. He is a certified assessor for the CII-Exim Bank Award for Business Excellence, instituted with the aim of enhancing the competitiveness of Indian companies. He has also served on the Board of few companies.

Mr. Ved is a commerce graduate from Mumbai University and completed his Masters in Management Studies (Finance) from Somaiya Institute of Management Studies and Research. He also holds a master’s degree in Banking and Finance from University of Technology, Sydney. He is a cricket enthusiast and enjoys listening to Hindi music and cooking in his leisure time.

General Managers

MEGHANA JOGLEKAR

Ms. Meghana Joglekar joined India Exim Bank in 2002 and currently heads the Sustainable Enterprise and Export Development Group. Prior to this, she was overseeing the resource raising function at the Bank’s Treasury and Accounts Group. In her stint spanning more than 21 years with the Bank, she has gained experience in core lending operations of India Exim Bank with stints at Representative Offices and Head Office covering the entire range of Bank’s products including Lines of Credit, Corporate Banking, Trade Finance, Project Finance, SME and Agri Financing.

Prior to her posting at the Head Office, Ms. Joglekar was heading the Bank’s Overseas Office at Singapore covering the Asia-Pacific region. She was also supervising the functions of Yangon Representative Office of Exim Bank. She has also headed the Bank’s Western Region Representative Office based in Mumbai, responsible for activities of Exim Bank in the western part of India. In this capacity she was responsible for the Bank’s lending and service programmes in addition to interaction with the international agencies, industry association and trade bodies.

Ms. Meghana Joglekar holds a bachelor’s degree in Commerce and a post-graduate diploma in International Business from K. J. Somaiya Institute of Management Studies & Research, Mumbai.

General Managers

PRITI THOMAS

Ms. Priti Thomas heads the Bank’s Legal Group. With her extensive experience in banking laws, she delivers legal know how for the Bank’s business functions. She possesses rich experience in negotiating contracts pertaining to structured project lending, acquisition finance in various geographies, as also expertise in cross-border litigations and underlying issues pertaining to security enforcement(s).

Over the years, she has networked and developed close working ties with leading law firms across the globe. She has been a resource faculty for training programs conducted by the Indian Institute of Banking & Finance and other academic institutions. She is also involved in organizing training sessions for the Bank’s staff on legal documentation, imparting such training herself and arranging for external experts in the field. She has also held the position of nominee director on the board of an assisted company.

Ms. Thomas has completed her law degree from the Symbiosis Law College, Pune. She also holds an LL.M in Financial and Corporate Laws. Areas of interest include Insolvency laws, Trade Finance and International Trade Laws.

General Managers

MANISH JOSHI

Mr. Manish Joshi has over 25 years of experience in various functions of banking. He joined Exim Bank in 2011 and is currently placed at the Credit Appraisal Group of the Bank. He has served in various groups of the Bank, including Corporate Banking Group and at the Bank’s New Delhi regional office. Before joining Exim Bank, Mr. Joshi was working with State Bank of India where he served the Bank across various locations and offices/branches during his 15 year tenure. He has graduated in electronics engineering and holds a master’s degree from Indian Institute of Management, Indore. He is also a Certified Associate of Indian Institute of Bankers. His areas of interest include listening to music and travelling.

General Managers

Ambrish Bhandari

Mr. Ambrish Bhandari has over two decades of work experience in banking and financial services. He has been working with India Exim Bank since 2007 in various capacities and locations, and is currently placed in the Credit Appraisal Group, heading the Bank’s flagship programme - Project Export. He has worked in the Bank’s head office, across functions such as corporate banking, project exports and treasury & accounts. He has also headed the Bank’s Chennai and Mumbai regional offices. Prior to his stint with the Bank, Mr. Bhandari has worked with NBFCs, and private and public sector commercial banks.

Mr. Bhandari is a science graduate from the Maharshi Dayanand Saraswati University, Ajmer, and has completed his master’s degree in business administration with specialisation in finance from the University of Rajasthan. His areas of interest include corporate credit, direct and indirect taxation, capital markets and project finance. In his free time, he enjoys reading, watching economic and political debate TV shows, and traveling.

General Managers

Navendu Bajpai

Mr. Navendu Bajpai is a General Manager, heading the Administration Group at India Exim Bank. His responsibilities include general administration, estate management and supervising procurement for the Bank. In addition to the Administration Group, he also oversees and coordinates the activities of Rajbhasha Group, which include promotion of Hindi as an official Language of the Union, coordinating with various stakeholders and creating an enabling environment in the Bank for encouraging use of Hindi at various levels.

Mr. Bajpai has represented the Bank in several seminars and meetings, both in India and overseas. He is a member of the Banking Terminology Committee of the Reserve Bank of India, which is responsible for preparing banking terminology in Hindi. He serves as a member on the Board of Studies of HNSC University and Mumbai University as an industry expert for providing inputs on preparing syllabi for various courses and other academic activities.

Prior to joining Exim Bank in 2006, Mr. Bajpai worked with Bank of Baroda and Ministry of Defence, and has a combined experience of more than 26 years. He holds a master’s degree in Hindi language with specialisation in translation, from the University of Lucknow. His areas of interest include language and communications.

General Managers

Bakhtavar Patel

Ms. Bakhtavar F. Patel embarked on her journey with India Exim Bank in 2005, where her versatile expertise has been instrumental across various domains. Throughout her tenure, she has adeptly navigated roles encompassing accounts, taxation, management information systems, loan operations, bank guarantees, and foreign currency resources. Ms. Patel's significant contributions extend to orchestrating landmark financial transactions, including the pioneering issuance of Samurai bonds, Uridashi bonds, and Ninja loans for the Bank. Moreover, her adept facilitation of loan executions from esteemed multilateral agencies such as the European Investment Bank, Asian Development Bank, and International Finance Corporation underscores her strategic acumen and global perspective.

Ms. Patel's career trajectory has been further distinguished by her substantial contributions to refining and instituting robust accounting frameworks within the Bank. Prior to her tenure at India Exim Bank, she honed her craft as a Chartered Accountant at the esteemed accounting firm of Sharp & Tannan.

Ms. Patel, who holds a Bachelor of Commerce degree from Mumbai University, further augmented her academic credentials by obtaining her professional degree from the esteemed Institute of Chartered Accountants of India. Her ongoing dedication to professional growth is underscored by her achievement of a diploma in Information Systems Audit from the same renowned institution.