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26th March 2016, 02:19 PM
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Join Date: May 2012
Re: ECGC number of employees

The ECGC Limited (Formerly Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by the Government of India based in Mumbai, Maharashtra.

About the ECGC

It provides export credit insurance support to Indian exporters and is controlled by the Ministry of Commerce.

ECGC Ltd is the seventh largest credit insurer of the world in terms of coverage of national exports.

The present paid-up capital of the company is Rs. 1200 crores and authorized capital Rs.5000 crores.

Manpower (In position):

Officers 525

Staff 53

Total Manpower 578

Function of ECGC

Provides a range of credit risk insurance covers to exporters against loss in export of goods and services as well

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

How does ECGC help exporters?

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 debt

Provides information on credit-worthiness of overseas buyers


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