ECGC Bank Functions

What are the functions/ objectives of Export Credit Guarantee Corporation (ECGC) of India Bank ?

Export Credit Guarantee Corporation (ECGC) of India is a Government of India Enterprise. It offers h export credit insurance facilities. ECGC is the seventh largest credit insurer of the world in terms of coverage of national exports.

Objectives:
To Encourage and facilitate globalization of India’s trade.

To assist Indian exporters in managing their credit risks

To facilitate availability of adequate bank finance to the Indian exporters .

To protect the Indian exporters against unforeseen losses.

To achieve improved performance in terms of profitability, financial and operational efficiency indicators and achieve optimum return on investment.

To educate the customers by continuous publicity and effective marketing.

To develop world class expertise in credit insurance among employees and ensure continuous innovation and achieve the highest customer satisfaction.

Special Schemes :
Factoring
Buyer's Credit Cover
Line of Credit Cover
Transfer Guarantee (TG)
Overseas Investment Insurance
Customer Specific Covers
NEIA

Contact Detail :
Export Credit Guarantee Corporation
Express Towers,10th Floor,
Nariman Point,
Mumbai - 400 021.
Tel : 6659 0500 / 6659 0510
Fax : (022) 6659 0517 / 0546
E-Mail : webmaster@ecgc.in

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Answered By StudyChaCha Member