ECGC Ltd

The Mumbai-based company ECGC on Wednesday made changes to its underwriting policy for all transactions related to the outbound shipments to Sri Lanka.

A listing for the state-owned institution could transform it into a more meaningful and cost-effective credit guarantor for more Indian exporters

Out of the total amount, Rs 500 crore will be infused in current fiscal, another Rs 500 crore will be infused in FY23 and remaining amount will be infused as and when required

Private general insurers provide cover to best exporter and the best buyer, where the risk of default is less