Fading hopes of securing relief on telecom companies' government dues has turned the attention to bank guarantees worth around ₹6,000 crore that Vodafone Idea Ltd, the weakest telco, has ...

Bhopal (Madhya Pradesh): CBI has begun to probe a case of a forged bank guarantee attached to the MP Jal Nigam tenders. Jal Nigam submitted forged bank guarantees to two joint venture companies ...

Arne Dedert/dpa Deutsche Bank chief executive Christian Sewing has called for state-backed guarantees for bank loans to arms companies, arguing that public funds should be efficiently combined ...

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 ...

A global financial consultant, Professor Dr. Frank Forbes-Menson has proposed the use of bank guarantees as a viable alternative for financing the country’s national budget. According to him ...

Delivered by the British Business Bank through around 50 accredited lenders, the Growth Guarantee Scheme has so far enabled £2.1bn of finance through 13,447 facilities. The Growth Guarantee Scheme can ...

Regional rural bank (RRB) Karnataka Vikas Gramin Bank (KVGB) launched its e-Bank Guarantee (e-BG) services in collaboration with the government’s information utility provider National E ...

Karnataka Vikas Gramin Bank (KVGB), a regional rural bank (RRB), has officially launched its e-Bank Guarantee (e-BG) service in collaboration with the government’s information utility provider ...

regarding the issuance of bank guarantees, co-acceptance of bills, and Letters of Credit (LCs). These new rules aim to enhance financial stability and risk management for both banks and customers.

(PTI Photo/Shashank Parade)(PTI03_03_2025_000118A) (PTI) Earlier this week, state finance minister Ajit Pawar said in the state assembly that the government had given a bank guarantee to agencies ...

Telecom service provider Vodafone Idea Limited (VIL) has failed to meet the deadline for submitting a Rs 6,090 crore bank guarantee. According to the Department of Telecommunications (DoT ...

A bank guarantee is a financial backstop offered by a financial institution promising to cover a financial obligation if one party in a transaction fails to hold up their end of a contract.