My Stamp ECGC Ltd.

my-stamp-ecgcIndia Post has released a my stamp on ECGC Ltd.  ECGC Limited (Formerly Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by the Government of India  . It provides export credit insurance support to Indian exporters and is controlled by the Ministry of commerce  . had initially set up Export Risks Insurance Corporation (ERIC) in July 1957. It was transformed into Export Credit and Guarantee Corporation Limited (ECGC) in 1964 and to Export Credit Guarantee Corporation of India in 1983. ECGC Ltd is the seventh largest credit insurer of the world in terms of coverage of national exports. The present paid-up capital of the company is Rs. 1200 crores and authorized capital Rs.5000 crores.

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