• October 28, 2021

Cabinet approves listing of ECGC through Initial Public Offer on stock Exchange

Cabinet has approved listing of Export Credit Guarantee Corporation Ltd. (ECGC) through the Initial Public Offer on the stock Exchange. Speaking to reporters, Commerce and Industry minister Piyush Goyal said cabinet has approved  4,400 crore  rupees investment in ECGC Ltd. in five years to provide support to exporters as well as banks. He said this move will  help to create 59 lakh new jobs including 2.6 lakh in formal sector

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