• State Bank of India has said that it has de-risked its Rs 30,000 crore export credit portfolio by entering into a tie-up with Export Credit Guarantee Corporation.
  • The export credit defaults of SBI will be guaranteed by ECGC and capital requirement for this portfolio shall drop by 80%.
  • Currently the risk weightage for this portfolio is 100% and by going with ECGC, it will drop to 20%.

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