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ECGC COVER
Department of Commerce extends RELIEF program timelines to support exporters facing geopolitical risksThe Department of Commerce announced an extension of timelines under Component II of RELIEF - Resilience & Logistics Intervention for Expor...- India amends Foreign Trade Policy for easier rupee invoicing and payments for exportersThe government has amended its Foreign Trade Policy to ease rupee invoicing for exporters. Eligible rupee receipts now qualify for export b...
- ECGC plans measures to help exporters deal with high tariffsTo help exporters navigate tariff disruptions, ECGC proposes measures like covering losses from non-delivery and enhanced bank cover up to ...
- Value of biz covered by ECGC expected to increase to over Rs 10 lakh cr in this fiscal: Piyush GoyalThe ECGC Ltd has supported over 16,000 exporters with an aggregate value of business covered to the tune of Rs 6.68 lakh crore in 2022-23 a...
- Exporters with credit limit of up to Rs 50 crore to get 90% insurance cover: ECGCThe change comes into effect on July 1, 2023 and expected to benefit around 3,000 exporter-borrower accounts, commerce and industry ministe...
- Exporters with credit limit of up to Rs 50 cr set to get 90% insurance cover: ECGCIndia’s Export Credit Guarantee Corporation (ECGC) has increased its insurance cover for exporters with a credit limit of up to Rs 50 crore...
- ECGC withdraws coverage for shipments to Russia; huge setback for exportersECGC in a communication said "based on the near-term commercial outlook, it has been decided to modify the country risk classification of R...
- Export boost: Cabinet approves ECGC listing on bourses, Rs 4,400 cr capital infusionECGC Limited is a wholly-owned CPSE of the government of India and provides insurance covers to banks against risks in export credit lendin...
- Govt to cut insurance premium rates for small exporters: Piyush GoyalFurther, premium rates for exporters having outstanding limit of over Rs 80 crore will be streamlined with a view to help them.
- ECGC may get Rs 3,500 crore to help rupee hit exportersCapital infusion will help the company support exporters in difficult markets.
- ECGC to introduce specialised products for medium, small and micro enterprisesExport Credit Guarantee Corporation Ltd, is having plans to introduce new products targeted at MSMEs, informed N. Shankar.
- IT bigwigs run for credit-risk coverIT & IT-enabled cos have taken a fast move to insulate themselves from payment risks as bank failures in the US are still on rise. Year on,...
- Exporters set to get higher risk coverIn a move that will provide cushion to Indian exporters in uncertain global markets, and improve risk coverage, the government will provide...
- Default-hit exporters run for insurance coverAs payment defaults increased in the US and Europe, exporters rushed to the Export Credit Guarantee Corporation of India (ECGC) which saw 6...
- Govt plans Rs 350-cr export packageExporters who have purchased export credit protection are set to get an additional dole-out from the government over and above the cover th...
- ECGC may get Rs 350-crore umbrellaThe government may soon come to the rescue of exporters facing higher risk of defaults from overseas.
- Government to pump in Rs 100 crore in ECGCIn a bid to enhance the insurance cover for exporters, government has decided to pump in Rs 100 crore in the Export Credit Guarantee Corpor...
- Dena Bank ties up with Export Credit Guarantee CorporationPublic sector lender Dena Bank has tied up with Export Credit Guarantee Corporation (ECGC) for marketing insurance-oriented products to exp...
- ECGC urges exporters for insurance coverECGC has urged the exporters to seek its insurance cover for their export-bound goods and other services in order to boost their earnings.
- Govt to float Rs 600-cr fund to cover foreign bizWith India Inc acquiring overseas businesses worth over $5 billion last year and most of it in hot spots like Sudan, Russia and Nepal, the ...
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