This third installment in our series of insights on bank charter considerations describes the process for seeking regulatory approval to form ...

Vodafone Idea owes over Rs 24,700 crore in bank guarantees (BG). Airtel and Vodafone Idea together hold BG obligations in excess of Rs 30,000 crore Jet Airways case: NCLAT to hear consortium’s ...

LAHORE: An appellate forum has held that a bank guarantee can be enforced if the principal debtor defaults. According to details, a financial company, being a provider of financial facilities ...

It has been developed to simplify the process and eliminate the possibility of fraud and manipulation. A bank can provide bank guarantees to its business customers and their counterparties faster ...