ECGC introduces new scheme providing enhanced export credit risk insurance cover up to 90% for small exporters https://www.taxtmi.com/news?id=25627 ECGC announced an enhanced export credit insurance scheme under ECIB WTPC & PS extending higher cover to manufacturer exporters with fund based export credit limits up to the prescribed small exporter threshold, excluding gems, jewellery & diamond sectors and merchant exporters. The measure permits banks holding ECGC WT ECIB covers to consider interest concessions; State Bank of India will receive the enhanced cover at prior year premium rates due to its favourable claim profile, while other banks may face moderate premium increases. en-us Tue, 26 Jul 2022 18:04:44 +0530 Tue, 26 Jul 2022 18:04:44 +0530 TaxTMI RSS Generator ECGC introduces new scheme providing enhanced export credit risk insurance cover up to 90% for small exporters https://www.taxtmi.com/news?id=25627 ECGC announced an enhanced export credit insurance scheme under ECIB WTPC & PS extending higher cover to manufacturer exporters with fund based export credit limits up to the prescribed small exporter threshold, excluding gems, jewellery & diamond sectors and merchant exporters. The measure permits banks holding ECGC WT ECIB covers to consider interest concessions; State Bank of India will receive the enhanced cover at prior year premium rates due to its favourable claim profile, while other banks may face moderate premium increases. News - Tue, 26 Jul 2022 18:04:44 +0530 https://www.taxtmi.com/news?id=25627