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ECGC INDIA LIMITED
India steps in with Rs 497 crore insurance, freight support for West Asia-bound exportsIndia is stepping up support for its exporters. A new Rs 497 crore scheme, RELIEF, will provide insurance and financial aid. This aims to c...- 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 ...
- Piyush Goyal unveils two portals to resolve exporters' issues, bring transparencyCommerce Minister Piyush Goyal launched two digital initiatives to assist exporters. The Jansunwai Portal provides necessary information an...
- Piyush Goyal meets bankers on export credit to MSME exporters aiming to achieve $1 trillion merchandise exportsThe meeting was attended by the top officials of 21 banks which included the SBI, Bank of Baroda, Punjab National Bank, Canara Bank, Union ...
- Piyush Goyal asks banks to ensure enhanced, affordable credit to MSMEsAt a meeting convened by the ministry on June 28, to discuss ways of enhancing the availability of export credit to MSME exporters, Goyal a...
- 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...
- Give banks capital relief for insurance backed trade finance products: IBA to RBIWhile the RBI permits capital relief to banks and FIs for policies from the Export Credit Guarantee Corporation (ECGC), similar treatment i...
- 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...
- ECGC to clear pending claims of exporters in 4 months: AEPCECGC CMD M Senthilnathan said exporters should share all their documents and correspondences with their international buyers in one go for ...
- 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.
- EEPC India seeks RBI help to cut cost; to stay afloat in tension-ridden global tradeEEPC India has suggested to the RBI that the Interest Equalisation Scheme for the exporters become horizontal in nature by covering the ent...
- Banks to incur Rs 1000 crore loss as bankruptcy court orders liquidation of P&S JewelleryLenders rejected the offers by the bidders because they felt that close to Rs 124.5 crore could be recovered by sale of assets owned by the...
- India's market diversification strategy showing results: Anand SharmaIndia's market diversification strategy of reaching out to newer vistas in Asia, Africa and Latin America is beginning to show positive res...
- Does your firm need political risk cover?Such policies have a standard risk coverage format, though they can be modified to suit the requirements of the client.
- Payment settlement still a problem for India-Iran tradeFinding a suitable payment mechanism in the wake of US sanctions still remains a big problem for the bilateral trade between India and Iran.
- Govt okays Rs 350 cr for extra risk cover to exportersThe government on Friday approved Rs 350 crore for increasing the insurance cover for the small and medium exporters, besides those engaged...
- Insurance cos deny covers to exportersUnfortunately, it is the current state of the global market that is making domestic insurers shy away from providing the cover. The cover i...
- Venus bags Dun and Bradstreet's top exporter awardLudhiana based Venus Garments (India) Limited, part of the Duke Group, has been awarded with Dun and Bradstreet, ECGC Indian Exporters Exce...
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