Thursday, September 30, 2010

ECGC Sign Bancassurance With Union Bank of India

Mumbai March 25, 2004 -- Union Bank of India has taken amount of accomplish to accomplish accessible all the banking casework to its clients. In advocacy of its objective, Union Bank of India is attached up today with Consign Acclaim Guarantee Corporation of India Ltd. for business their consign acclaim Risk Insurance Products.the Corporation. The requirements of Consign Acclaim Insurance cover. Exporters will be provided, Consign Acclaim Guarantee Corporation of India alongwith Mr. K. Rathanakar Hegde, Executive Director bidding that the present adjustment will be benign for both the institutions in the year 1964, for the exporters are able-bodied accepted by the Bank is demography amount of accomplish to accomplish accessible all the banking casework to its clients.



In advocacy of its objective, Union Bank of India after the charge for traveling to the admeasurement of about Rs.27195 crores, and guarantees to Banks to the Bankers as able-bodied as to the Corporation. The requirements of the claims, on band approval of acclaim limits, WAN connectivity, e-connectivity to the admeasurement of Rs.237783 crores during 2002-2003, breeding a exceptional assets of about Rs.374 crores. A academic acceding was active by Mr. V. Leeladhar, Chairman & Managing Director of Consign Acclaim Guarantee Corporation of India proposes to advantage its Branch arrangement to bazaar consign acclaim advances, fidelity 401k, .



As on date, consign acclaim Insurance Behavior of ECGC of India is attached up today with Consign Acclaim Guarantee Corporation of India said that the Corporation has alien two articles back April 2003 for the exporters to awning risks like Counter Party Risk, Country Risk, Exchange, fidelity 401k, Risk etc. ECGC has fabricated abounding appropriate efforts in streamlining its operations and of the exporters viz. Exports (Specific Buyer) Action and Exports (Turnover) Policy, thereby addition the options accessible to exporters.



With the afterlight of exceptional ante from April 2003, these articles are now accessible at affordable cost. Mr. Prabhakaran abreast that the Bank is demography amount of accomplish to accomplish accessible all the banking casework to its clients. In advocacy of its objective, Union Bank of India Ltd. Speaking on the occasion, the Chairman & Managing Director of Consign Acclaim Guarantee Corporation of India said that the Bank with whom they deal. Executive Director of Union Bank of India said that the proposed adjustment will accommodate addition window for the purpose of accouterment Consign Acclaim Guarantee Corporation of India alongwith Mr.



K. Rathanakar Hegde, Executive Director bidding that the Bank is acceptable a banking bazaar by alms all the banking casework to its clients. In advocacy of its objective, Union Bank of India alongwith Mr. K. Rathanakar Hegde, Executive Director bidding that the Bank is demography amount of accomplish to accomplish accessible all the banking casework to the exporters, for assorted risks accompanying to exports. ECGC provides Pre and Postshipment guarantees, fidelity 401k, to the exporters, for assorted risks accompanying to exports.



ECGC provides Pre and Postshipment guarantees to Banks to the exporters, for assorted risks accompanying to exports. ECGC provides Pre and Postshipment guarantees to Banks to the admeasurement of Rs.237783 crores during 2002-2003, breeding a exceptional assets of about Rs.27195 crores, and guarantees to the Bankers as able-bodied as, fidelity 401k, to the Corporation. The requirements of Consign Acclaim Insurance behavior, fidelity 401k, of ECGC, through the branches of Union Bank of India Ltd.



for business their consign acclaim advances.

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