The Treasury is seeking changes that will allow banks to make lesser provisions for defaults on partially guaranteed loans MSMEs take.

Some umbrella examples are whether a bank guarantee is performance or financial-based. Performance-based: If the supplier is unable to meet contractural obligations as pertains to the delivery of ...

CBK is set for an expanded mandate after a move by Treasury to have the banking sector regulator oversee credit guarantee companies.

Sinn Féin spokesperson on Finance Pearse Doherty has called for the Minister for Housing to change the ‘failing’ Defect Concrete Block Grant Scheme and provide upfront grant payments to homeowners to ...

It offers the reliability of a government-endorsed scheme. No collateral required: Borrowers don’t need to provide any security or third-party guarantee.

Another target date for the introduction of low-cost loans for home retrofits has passed but the Government insists the scheme is “imminent”.

Banks have certain policies to secure the funds of customers. In general, banks provide insurance cover of Rs 5 lakh. Previously, the amount was valued at Rs 1 lakh. This cover is provided under the ...

Investment Objective - The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in ...

The Africa Fertilizer Financing Mechanism, a special fund of the African Development Bank Group (AfDB), on Tuesday launched a Kenya breaking news | Kenya news today | ...

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The issue of the RBI placing restrictions on Shirpur Merchants' Co-operative Bank should not per se be construed as cancellation of the latter's banking license. The bank will continue to undertake ...

Liaoning Asset will fund the purchase of assets by issuing special-purpose notes to the bank, the lender said. The bank, based in the northeastern Chinese city of Shenyang, expects an unaudited ...