{"id":517,"date":"2015-11-21T13:46:42","date_gmt":"2015-11-21T13:46:42","guid":{"rendered":"http:\/\/caindelhiindia.com\/blog\/?p=517"},"modified":"2020-10-16T11:06:30","modified_gmt":"2020-10-16T11:06:30","slug":"professional-update","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/professional-update\/","title":{"rendered":"PROFESSIONAL UPDATE NOV 14,2015"},"content":{"rendered":"<p><span style=\"color: #993366;\"><strong>PROFESSIONAL UPDATE<\/strong><\/span><\/p>\n<p><strong>CREDIT RISK<\/strong><strong>\u00a0<\/strong>\u00a0\u00a0A\u00a0credit risk\u00a0is the\u00a0risk\u00a0of default on a debt that may arise from a borrower failing to make required payments. In the first resort, the\u00a0risk\u00a0is that of the lender and includes lost principal and interest, disruption to cash flows and increased collection costs.<\/p>\n<p><strong>From Today we will discuss about Export Credit Guarantee Commission of India Ltd. and various credit insurance policies offered by it.\u00a0\u00a0\u00a0<\/strong><\/p>\n<p><span style=\"color: #993366;\"><strong>Export Credit Guarantee Commission of India Ltd.<\/strong><\/span><\/p>\n<p>ECGC Ltd. was established in July, 1957 to strengthen the export promotion by covering the risk of exporting on credit. It functions under the administrative control of the Ministry of Commerce &amp; 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.<br \/>\n<span style=\"color: #993366;\"><strong>What Does ECGC do?<\/strong><\/span><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<ul>\n<li>Provides a range of\u00a0<strong><span style=\"color: #993366;\">credit risk insurance covers to exporters<\/span>\u00a0<\/strong>against loss in export of goods and services.<\/li>\n<li>Offers\u00a0<span style=\"color: #993366;\"><strong>Export Credit Insurance for Bankers and Financial Institutions<\/strong><\/span>\u00a0to enable exporters to obtain better facilities\u00a0from them.<\/li>\n<li>Provides\u00a0<span style=\"color: #993366;\"><strong>Overseas Investment Insurance<\/strong><\/span>\u00a0to Indian companies investing in joint ventures abroad in the form of equity or loan.<\/li>\n<\/ul>\n<p><span style=\"color: #993366;\"><strong>Services Provided by ECGC to Exporters<\/strong><\/span><\/p>\n<ul>\n<li>Offers insurance protection to exporters against payment risks.<\/li>\n<li>Provides guidance in export-related activities.<\/li>\n<li>Makes available information on different countries with its own credit ratings.<\/li>\n<li>Makes it easy to obtain export finance from banks\/financial institutions.<\/li>\n<li>Assists exporters in recovering bad debts.<\/li>\n<li>Provides information on credit-worthiness of overseas buyers.<\/li>\n<\/ul>\n<p>The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances; Hope the information will assist you in your Professional\u00a0endeavors. For query or help, contact:<a href=\"mailto:info@caindelhiindia.com\">info@caindelhiindia.com<\/a>\u00a0or call at\u00a0011-23343333<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PROFESSIONAL UPDATE CREDIT RISK\u00a0\u00a0\u00a0A\u00a0credit risk\u00a0is the\u00a0risk\u00a0of default on a debt that may arise from a borrower failing to make required payments. In the first resort, the\u00a0risk\u00a0is that of the lender and includes lost principal and interest, disruption to cash flows and increased collection costs. From Today we will discuss about Export Credit Guarantee Commission of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[41,78],"tags":[566,502,501,569,572,389,561,541,537,562,560,550,538],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/517"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=517"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/517\/revisions"}],"predecessor-version":[{"id":592,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/517\/revisions\/592"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}