#1
February 4th, 2016, 03:22 PM
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About ECGC India
hii sir I wants to know about the Export Credit Guarantee Corporation of India will you please provide me the overview of the Export Credit Guarantee Corporation of India?
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#2
February 4th, 2016, 05:23 PM
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Re: About ECGC India
The ECGC Limited is a company wholly owned by the Government of India based in Mumbai, Maharashtra. It provides export credit insurance support to Indian exporters and is controlled by the Ministry of Commerce. Services : Provides a range of credit risk insurance covers to exporters against loss in export of goods and services. Offers guarantees to banks and financial institutions to enable exporters to obtain better facilities from them. Provides Overseas Investment Insurance to Indian companies investing in joint ventures abroad in the form of equity or loan. It offered following services to Exporters that are Offers insurance protection to exporters against payment risks Provides guidance in export-related activities Makes available information on different countries with its own credit ratings Makes it easy to obtain export finance from banks/financial institutions Assists exporters in recovering bad debts Provides information on credit-worthiness of overseas buyers Facts and Figures : Largest Policy – short term Rs.450 crores Largest database on buyers 8 lakhs Largest credit limit Rs.80 Crores Largest claim paid Rs.120 crores Quickest claim paid 2 days Highest compensation-Iraq Rs 788 Crore for more details you may contact to the Export Credit Guarantee Corporation of India the contact details are as follow : Contact details Export Credit Guarantee Corporation of India: Express Towers,10th Floor, Nariman Point, Mumbai - 400 021. Tel : 6659 0500 / 6659 0510 |