News
21 February 2020

SBI chairman pushes for 90% ECGC cover

Region:
Asia-Pacific

SBI chairman Rajnish Kumar has called for a change to the way Indian export finances are done. Kumar suggests that enhancing the insurance coverage from the Export Credit Guarantee Corporation of India (ECGC) to 90% would help banks reduce collateral for exporters and that bankers have agreed that...

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