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About 218 results for "bank guarantee"

SBI, IMGC sign MOU to offer mortgage guarantee backed home loan
Money Control

SBI, IMGC sign MOU to offer mortgage guarantee backed home loan

The offering will help increase home loan eligibility up to 15 per cent within the regulatory norms, the State Bank of India (SBI) said in a statement. Money Control, 2 hours ago

22 images for bank guarantee

DNA, 1 day ago
Business Standard, 2 days ago
Business Standard, 4 days ago
Business Standard, 3 hours ago
Money Control, 7 hours ago
Money Control, 7 hours ago
Business Standard, 6 days ago
Business Standard, 2 weeks ago
Money Control, 1 month ago
Business Standard, 4 weeks ago
Business Standard

D0T says no new bank guarantee from Axis Bank to be accepted

Telecom department has ordered that bank guarantees from Axis Bank should not be taken as the country's third-largest private sector lender had failed to honour a guarantee issued previously.The Department of Telecommunications (DoT) in a March 16 office ...
 Business Standard7 hours ago No new bank guarantee from Axis Bank to be accepted, says DoT  Business Standard3 hours ago DoT says no new bank guarantee from Axis Bank to be accepted  Money Control7 hours ago Axis Bank says has sold transactions guaranteed by PNB  Reuters1 month ago

Bank guarantees of Rs 155.5 crore issued to NSIC against 100% margin: UBI

United Bank of India (UBI) today said it has issued bank guarantees of Rs 155.5 crore to National Small Industries Corporation (NSIC) against 100 per cent margin.
 DNA1 day ago Money laundering: UBI issues guarantees of Rs 155.5 cr to NSIC  Prokerala1 day ago Issued bank guarantees of Rs 1.55 bn to NSIC against 100% margin: UBI  Business Standard2 days ago PNBFraud: Union Bank reveals it lent additional Rs 295 crore to Gitanjali and Nirav Modi  Sify1 week ago
Money Control

What are LoUs and how will RBI move to discontinue them impact trade?

However, the central bank has allowed issue of letters of credit (LC) and bank guarantees for trade credit for imports into India.
 Money Control5 days ago PNB scam fallout: RBI discontinues use of LoUs and LoCs as trade credits  Money Control6 days ago PNB fraud fallout: Loan disbursements to corporate India take a hit  Business Standard1 week ago Odisha seeks I-T exemption on DMF funds, credit trust for farm loans  Business Standard1 month ago

PNB uncovers more fraud at troubled Mumbai branch

MUMBAI (Reuters) - Punjab National Bank (PNB) has uncovered more suspected credit guarantee fraud within the Mumbai branch at the centre of a similar alleged scam worth over $2 billion, according to a complaint filed with the Central Bureau of Investigation ...
 Business Standard4 days ago PNB fraud: Chief Bank Manager Bechu Tiwari, two others arrested  Sify3 weeks ago Same old story? How banks ignored alerts  Rediff.com1 month ago

Indian importers face funding crunch with clampdown on credit guarantees

MUMBAI (Reuters) - The Reserve Bank of India's move to cut off a key form of trade finance in the aftermath of a multi-billion dollar fraud could both dent the rupee and sharply raise costs for many importers, bankers and traders said.
 Reuters4 days ago RBI clamps down on credit guarantees as PNB fraud swells  Reuters5 days ago RBI bars banks from issuing LoUs in Nirav Modi scam fallout  Rediff.com6 days ago RBI bars banks from issuing LoUs after Nirav Modi, Choksi fraud at PNB  Business Standard6 days ago
Business Standard

The reason why extent of fraud unravelling at PNB could rise beyond $2 bn

Investigators had not yet recovered all the papers and loan guarantees allegedly issued by rogue employees of the bank Reuters | MUMBAI Last Updated at March 6, 2018 18:11 IST A bird flies past the logo of Punjab National Bank installed on the facade of its ...
 Business Standard1 week ago PNB Scam: Eight more bank employees suspended  Sify1 month ago
Business Standard

Bank guarantee limit for pulses & oilseeds for Nafed doubled to Rs 190 bn

In view of fall in prices of pulses and oilseeds below the MSP, the provision of government guarantee will help in protecting the farmers from making distress sales during the peak arrival period Press Trust of India | New Delhi Last Updated at February 28, ...
 Business Standard2 weeks ago

Naval chopper tender: AgustaWestland withdraws plea from HC on bank guarantee

The submission on behalf of the Italian company was made before Justice Jayant Nath who 'dismissed as withdrawn' the civil suit of the helicopter manufacturer.
 DNA4 weeks ago
Business Standard

Flipkart loses plea, I-T panel refuses to stay Rs 1.1 billion tax demand

The income tax panel has asked Flipkart to deposit Rs 550 million and Rs 550 million as bank guarantees by February 28 BS Web Team Last Updated at February 12, 2018 15:20 IST In what could have an implication for the largest e-commerce landscape in India, the ...
 Business Standard1 month ago
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