Tamil Nadu   

ECGC plans to enter domestic market

Staff Reporter

TIRUPUR: A.V. Muralidharan, chairman and managing director of the Export Credit Guarantee Corporation (ECGC) has said that the corporation was awaiting Government approval to enter the domestic credit insurance market.

He was here to participate in the Golden Jubilee celebrations of the corporation.

He said that there was a vast potential for credit insurance in the country as the Gross Domestic Product was increasing.

Mr. Muralidharan said that the premium would be reduced by up to 10 per cent to help the exporting community.

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