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about ecgc bank |
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Re: about ecgc bank
ECGC Limited (Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by the Government of India based in Mumbai, Maharashtra. ECGC Limited provides export credit insurance support to Indian exporters and is controlled by the Ministry of Commerce. Government of India had initially set up Export Risks Insurance Corporation (ERIC) in July 1957. Functions 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 and advances... Facilities 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 Board of directors Smt. Geetha Muralidhar Chairman cum Managing Director Shri. M Senthilnathan Executive Director Directors – Government of India Shri. Sunil Kumar Joint Secretary Department of Commerce Ministry of Commerce & Industry, Govt. of India New Delhi Dr. Saurabh Garg Joint Secretary(Investment) Department of Economic Affairs, Ministry of FinanceGovt. of India New Delhi Institutions, Commercial Banks & Exporters Smt. Meena Hemchandra Executive Director RBI, Mumbai Shri. Rajeev Rishi Chairman & Managing Director Central Bank of India Shri Arun Tiwari Chairman & Managing Director Union Bank of India Smt. Alice G. Vaidyan Chairman cum Managing Director General Insurance Corporation of India Mumbai Shri Ganesh Kumar Gupta President, FIEO Shri Maneck Eruch Davar Chairman and Managing Director, Spenta Multimedia Pvt. Ltd. Printing & Publishing Smt. Saranala Malathi Rani Independent Director |
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