Export Credit Guarantee Corporation of India(ECGC)

Export Credit Guarantee Corporation is a central government undertaking body to provide credit guarantee on the default of payments by the buyer. It works as an insurance firm who guarantees export payment, if the buyer defaults in making payment.
These risk may include loss of money on account of foreign buyer becoming bankrupt or sudden import or exchange restrictions resulting in stopping of payments etc.

Type	State-owned enterprise Public
Industry	Insurance
Founded	30 July 1957
Headquarters	Mumbai, Maharashtra, India
Key people	Arvind Mehta (Chairman & M.D.), Smt.Geetha Muralidhar(Executive Director)

7th Largest Credit Insurerin the world

Paid-up capital Rs.1000 cr

Authorized capital Rs.1000 cr