Finance

ECGC updates Country Risk Rating Model

In view of the current geopolitical circumstances and their impact on global trade, ECGC updated its Country Risk Rating Model with the objective of an improved assessment of the trade credit risk profile of various countries […]

Foreign Relations

Coverage on export transactions to Russia NOT withdrawn: ECGC

Export Credit Guarantee Corporation of India (ECGC) has clarified that the coverage on export transactions to Russia has not been withdrawn. It has been mentioned in various media reports that ECGC has withdrawn its cover on the export transactions to Russia vide its circular dated 25.02.2022; this is factually incorrect. […]

Finance

Government approves Rs. 4,400 crore investment in ECGC

Government approves Rs. 4,400 crore investment in ECGC Ltd. in 5 years to provide support to exporters as well as banks; Capital Infusion and planned IPO to increase ECGC’s underwriting capacity up to ₹88,000 crore and propel additional exports of Rs. 5.28 lakh crore over a five-year period […]