Export Credit Guarantee Corporation - ECGC


 
 
Concept Explanation
 

Export Credit Guarantee Corporation - ECGC

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

  • It provides a range of credit risk insurance covers to exporters against loss in export of goods and services.
  • It offers guarantees banks and financial institutions to enable exporters obtain better facilities from them.
  • It provides overscas investment insurance to Indian companies investing in joint ventures abroad in the form of equity or loan.
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