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The Export Credit Guarantee Corporation (ECGC) plans to support exports worth ₹10 lakh crore in FY24 from around ₹6.7 lakh crore at present. It has also increased the insurance cover for exporters with a credit limit of up to ₹50 crore to 90% and extended its cover to nine more banks. The change comes into effect on July 1, 2023. The benefit of the enhanced cover will be extended to the accounts with limits up to ₹50 crore for these four banks without extra cost. For nine banks where six-year claim to premium ratio is less than 70%, cover for accounts with export credit working capital limits up to Rs 20 crore, will be offered enhanced cover of 90% without any additional cost provided the banks are extending the export credit at an interest rate corresponding to the accounts rated ‘AA’ (or with equivalent rating).
Which statute governs insolvency professionals?
What are the rights to legal representation provided in SAT?
Order XIX of the Code of Civil Procedure, 1908 related to __________.
A member holding office as Speaker of the House of the People shall vacate his office if he ceases to be a member of the House of the People and may at ...
Which one among the following is not a mode of abetment?
According to the Contract Act which of the following describes the situation when prior to the due date of performance, the promisor absolutely refuses ...
The good faith of a sale by a client to an attorney is in question in a suit brought by the client.
Opinion as to handwriting is relevant under:
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