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About 1061 results for "bank guarantee"

Ex-Im Bank Guarantees $21 Million Export Loan
Securities Technology Monitor

Indian subsidiary gets bank loan to export towers to Canada

An Indian subsidiary in the US has received USD 21 million bank guarantee loan for manufacturing high-voltage towers at a Texas plant to be exported to Canada. The Ex-Im Bank announced its guarantee of USD 21 million revolving loan facility ... Business Standard, 17 minutes ago
Ex-Im Bank Guarantees $21 Million Export Loan Securities Technology Monitor, 8 hours ago

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Coal ministry gets 8 weeks to decide on bank guarantees of deallocated coal blocks

Lawyers appearing for the firms argued since the blocks had been deallocated, invocation of these guarantees by the government could no longer be justified. Photo: Bloomberg New Delhi: The Delhi high court (HC) on Thursday gave eight weeks to the ...
 Livemint.com3 hours ago Government seeks AG's opinion on need for Ordinance on coal blocks  Jagran Post3 weeks ago Coal ministry seeks Attorney General's opinion  India Infoline3 weeks ago Ordinance to follow SC coal verdict  Deccan Herald3 weeks ago
Business Standard

Central bank eases norms for mortgage guarantee firms

RBI said such a measure can be initiated only after exhausting all other avenues and options to recoup the losses. The change in the guidelines has been made in the wake of representations received from the industry, and keeping in view the long-term ...
 Business Standard2 months ago RBI revises rules on reporting of bad loans  Rediff.com1 week ago RBI revises guidelines on mortgage guarantee companies  Business Standard2 months ago RBI revises guidelines for mortgage guarantee companies  News on Air2 months ago

Guarantors can fight 'wilful defaulter' tag

The dice is heavily loaded against a guarantor. As in the case of Gajendra Issar, who had to pay Rs 50,000 to a bank when his friend defaulted on debt payment. Luckily, there were two other guarantors who could cough up more; he took a smaller hit. However, guarantors have rights. “If they are classified as a wilful defaulter as they had given a guarantee, they can approach the court seeking relief. They can argue that when they had given the guarantee, they did not know the borrower ...
 Rediff.com1 month ago UBI may declare UB Holdings a wilful defaulter  Rediff.com1 month ago Guarantor can also be named wilful defaulter  Rediff.com1 month ago Loan guarantor to be made wilful defaulter, says RBI  Deccan Herald1 month ago
Money Control

BSE tweaks minimum base capital rules

Brokers have been asked to ensure that at the time of renewals of fixed deposits (FDs) and bank guarantees (BGs) given as collateral to the clearing corporation, such amounts (to the extent of the shortfall) are deposited with the exchange.
 Money Control1 month ago
Jagran Post

Airtel seeks interest compensation for delay in allotment of spectrum

Airtel said that despite paying Rs 5,525 crore to the govt along with bank guarantees for Rs 2,542 crore, it has yet to receive the airwaves in the 1800 and the 900 MHz frequency it won in the auction. NEW DELHI: Bharti Airtel is seeking compensation from the ...
 Economic Times1 month ago Airtel, Vodafone seek compensation for the delay in allocation of spectrum  Jagran Post1 month ago Sidbi to get Rs 1,800 crore from JICA  Asian Age1 month ago India's coal import bill to shoot up by Rs 18,000 crore  Deccan Herald1 month ago
Business Standard

NREGA Spiked Rural Wages 10%, Rest Drom MSPs: Rajan

Reserve Bank Governor Raghuram Rajan has dismissed the notion that the rural employment guarantee programme is behind the massive spurt in wages in rural areas. "On the NREGA (National Rural Employment Guarantee Act), there is clearly a lot of sense that this ...
 Outlook2 months ago (October 24, 2014)USDA RURAL DEVELOPMENT ANNOUNCES TOP LENDERS IN GUARANTEE RURAL HOUSING PROGRAM  Noodls1 day ago NREGA increased rural wages only 10%, rest from other sources: Raghuram Rajan  Business Standard2 months ago RBI: Hike in MSP up rural wages  Asian Age2 months ago

Bank guarantee must to bring Indian maids to Kuwait

it mandatory for employers in Kuwait to submit a bank guarantee of $2,500 before bringing a female domestic help to the Gulf nation. A bank guarantee worth $2,500 (720 Kuwaiti Dinar) as security deposit would be submitted with the Indian embassy in Kuwait by ...
 Business Standard1 month ago

Subrata Roy gets 15-day extension to sell oversea assets

Sahara counsels informed the court that the Bank of China has developed cold feet over issuance of bank guarantee and is contemplating a takeover of Sahara's overseas properties owing to the back and forth over sale.
 Money Control1 month ago SC grants 15 days more to Sahara's Roy to sell hotels  Rediff.com1 month ago Sahara chief seeks 10 more days from SC to sell properties  Deccan Herald1 month ago SC grants Subrata Roy some respite  Sify2 months ago
Jagran Post

Trai suggests no extra entry fee for full MNP service

rom MNP operators. The Department of Telecom (DoT) had sought Trai's opinion on issues like additional entry fee, bank guarantees and clarification on number of players to be involved in the roll out full MNP service in the country. With regards to entry fee, ...
 Business Standard1 month ago
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