Anyone having knowledge about ECGC and how it stands in comparison with other PSBs???Pls reply..thanks in advance..
This is best place where we can dream of working.... No Financial inclusion target... no rural presence... offices in major cities only... very good allowances.. none of the PSB is as good as it in sense of working culture....
Bhai count karne ke bad party ki v baat kar lenge... chicken ke naam pe party ki yaad aa jati hai... mere ho na ho kisi na kis ka to hoga hi ap logon me se.... :D
These are volunteers for 7 banks till now: Central bank of india,union bank of india,canara bank=bada.bhai Bank of india=kinjal Indian Overseas Bank=daddycool ANDHRA BANK=VVSRK syndicate bank=ANGRY BIRD 2
Bhai count karne ke bad party ki v baat kar lenge... chicken ke naam pe party ki yaad aa jati hai... mere ho na ho kisi na kis ka to hoga hi ap logon me se....
What is ECGC? Export Credit Guarantee Corporation of India Limited, was established in the year 1957 by the Government of India to strengthen the export promotion drive by covering the risk of exporting on credit. Being essentially an export promotion organization, it functions under the administrative control of the Ministry of Commerce & Industry, Department of Commerce, Government of India. It is managed by a Board of Directors comprising representatives of the Government, Reserve Bank of India, banking, insurance and exporting community. ECGC is the fifth largest credit insurer of the world in terms of coverage of national exports. The present paid-up capital of the company is Rs.800 crores and authorized capital Rs.1000 crores.
What does ECGC do? Provides a range of credit risk insurance covers to exporters against loss in export of goods and services 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
How does ECGC help exporters? ECGC 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 debts Provides information on credit-worthiness of overseas buyers
Need for export credit insurance Payments for exports are open to risks even at the best of times. The risks have assumed large proportions today due to the far-reaching political and economic changes that are sweeping the world. An outbreak of war or civil war may block or delay payment for goods exported. A coup or an insurrection may also bring about the same result. Economic difficulties or balance of payment problems may lead a country to impose restrictions on either import of certain goods or on transfer of payments for goods imported. In addition, the exporters have to face commercial risks of insolvency or protracted default of buyers. The commercial risks of a foreign buyer going bankrupt or losing his capacity to pay are aggravated due to the political and economic uncertainties. Export credit insurance is designed to protect exporters from the consequences of the payment risks, both political and commercial, and to enable them to expand their overseas business without fear of loss.
@trendifiers please delete the two posts as it has been posted 3 times. And all this information is in the website, we are interested about work profile and perks of ecgc.
@daddykool : pandit ji ek baat bataiye na, aapko kya lagta hai ki almost kitne high scorers ne interview nahi diya hoga... kuch approximately bataiye, aapke anubhav se
bhai yeh batana to bada tough hai...mere pehchan mein maine bataya tha ki kai high scorers ne nahi diya hai...baaki India ka scene to nahi pata bhai :)...and am no pandit ji :P
These are volunteers for 7 banks till now:Central bank of india,union bank of india,canara bank=bada.bhaiBank of india=kinjalIndian Overseas Bank=daddycoolANDHRA BANK=VVSRKsyndicate bank=ANGRY BIRD 2
I can vouch for Allahabad bank, all the info required i can get, Just let me know the things which i need to get!!!
Waise manna padega aapko, acche acche ideas generate karti hai aap!!!