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Thursday, November 26, 2009

ECGC

Highest ever Dividend of Rs.180 crores paid for the year 2008-09.
ECGC has been conferred Indira Gandhi Award for Rajbhasha (2nd prize) for excellent implementation of Rajbhasha by Ministry of Home affairs.
Audited Financial Result for the financial year ended 31st March 2009
Stimulus Package for Exporters: We have the pleasure to inform our exporter and banker clients that: "Government of India had extended the benefits announced in December 2008 to the exporters and banks till March 2010 (the scheme was valid from January 2009 to June 2009 earlier)". The details of the extension in support would be provided as soon as ECGC receives the same from the Ministry of Commerce, Government of India.
Attention: Insurance Regulatory and Development Authority (IRDA) as per their circular No. 021/IRDA/LIFE/PAN/Jul-2009 has mandated PAN for all Policyholders / Banks where annual premium payable on the insurance policy exceeds Rs.1.00 lakh. You are requested to submit the copy of PAN to the nearest ECGC branch office.
Shri A. Sakthivel, President, FIEO and Shri Yogesh Lohiya, Chairman cum Managing Director, General Insurance Corporation of India have been appointed as Ex-officio part time Directors on our Board of Directors w.e.f. 25-8-2009 by Ministry of Commerce
Highest ever Dividend of Rs.180 crores paid for the year 2008-09
List of Officer handling Public Staff Grievance.
UNDER CORPORATE SOCIAL RESPONSIBILTY ( CSR), ECGC HAD DONATED AN AMBULANCE TO M/S PROJECT SHARAN, MUMBAI ON 27/05/2009.
Holiday List of ECGC officies.
Attention: All ECGC Policyholders: In terms of the provisions under Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act) the Corporation is required to capture and report the classification status of each of its customers which is classified as a micro enterprise, small enterprise or medium enterprise under the said Act. All our policyholders are requested to kindly advise the ECGC concerned Branch Office whether or not they are classified under the relevant provisions of the said MSMED Act and if classified, the specific classification status in terms of the said Act.
Attention Exporters : US treasury revokes Iran's U-Turn License- click here for further details
ECGC has launched Small and Medium Exporters' Policy. To know more, please click here.
ECGC has signed Corporate Agency Agreement with Banks. For details please click here .
Alternate Distribution Channels, (Individual / Corporate) Agent.
Press release on the GOI support to exporters under the stimulus package announced by the Government of India. For details, please click here.
Inauguration of New Office premises of BBB NEW DELHI and payment of five high value claims on 11.02.2009.
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*** ECGC has decided to offer a discount of 5% on the premium rate for the exporters who submits the shipments declarations through on-line. Currently, the facility is proposed to be offered to the SEC Policyholders. The scheme will come into force w.e.f. 01.04.2008. *** Circular to banks not holding ECIB(PC-WT). *** Clarifications regarding issues concerning Export Credit Insurance Covers for banks. *** SMEs to benefit from ECGC factoring services in addition to its export credit insurance. *** Warning to our exporters who are in export business of Pan Masala / Gutkha / Chewing Tobacco. For details, please click here. *** Be careful in signing agreements with Iraq. Government warns Government Department. *** "ECGC caters to the need of each exporter, whether small, medium, large or an emerging SME. We have exclusive SME branches in the metro cities of Delhi - Delhi Metro & Delhi West and Mumbai - Churchgate, Andheri & Bandra."
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IRDA registration No. 124

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