Education loan defaults: Govt proposes 'credit guarantee fund'

The Credit Guarantee Fund for Factoring (CGFF), with the initial corpus of Rs 500 crore, is likely to be operational in the next 3-4 months. CGFF, under the aegis of Small Industries Development Bank of India (SIDBI), will be set up as a trust. It will ...

By Accommodation Times News ServiceThe Ministry of Housing & Urban Poverty Alleviation has set up a Credit Risk Guarantee Fund Trust for Low Income Housing, the issuing of appropriate loans guaranteed by Credit Schemes and prescription of requisite ...

May 17 (Bloomberg) -- Transnet SOC Ltd., South Africa's state-owned ports and rail operator, is giving up a state guarantee for its debt as borrowing costs fall amid a seven-year infrastructure spending plan. Yields on Transnet's $1 billion of 4 ...

Past performance is no guarantee for future returns is a disclaimer commonly used by various companies offering mutual funds and insurance. However, in case of your personal finances your past definitely holds the key to a better future.

Seven additional lending institutions, including Vijaya Bank and Sundaram BNP Paribas Home Finance, have signed MoUs with Credit Risk Guarantee Fund Trust under the National Housing Bank (NHB)...

RMR Real Estate Income Fund (NYSE MKT: RIF) today announced that it has increased its revolving credit facility with BNP Paribas Prime Brokerage, Inc. ("BNP") by $10 million to $60 million. The credit facility bears interest at LIBOR plus 95 basis ...

, Congress authorized the Community Development Financial Institutions (CDFI) Fund to guarantee up to $500 million aggregate principal amount of bonds in fiscal year 2013, marking a new opportunity for investment in traditionally under-served ...

Globalstar Chief Accounting Officer Rebecca Clary said the company's current cash position is sufficient to fund the remaining investments needed in the second-generation constellation (above: a second-generation Globalstar satellite at Baikonur).

president The bank, set up in 2003, operates as a commercial bank with a virtual monopoly on letters of credit, which are used in international trade to guarantee government purchases. TBI is awaiting approval from the Lebanese authorities and plans ...