News Asia30 Sep 2021

India:Cabinet approves IPO of state-owned export credit insurer

30 Sep 2021

The Union Cabinet yesterday approved a capital infusion of INR44bn ($592m) in state-owned Export Credit Guarantee Corporation (ECGC) and its listing through an initial public offering. The listing of ECGC is likely to take place in the next fiscal year starting on 1 April 2022.

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