NMG has now received letters of interest from targeted capital providers totaling over US$1 billion in potential debt financing support. This milestone provides a foundation for NMG Phase-2 project ...

Letters of interest obtained thus far for a total of US$1 billion toward NMG’s Phase-2 project financing with ongoing solicitation of interest ...

Personal guarantees are often requested by lenders when they make loans to small businesses, particularly if the company does ...

COIMBATORE: The Tirupur Exporters and Manufacturers Welfare Association has submitted a representation to Prime Minister Narendra Modi, seeking libera.

Import and export companies use letters of credit as a safe form of payment when goods are sold between countries. With a regular letter of credit, the seller can request and receive payment ...

Shanti Educational Initiatives Limited (SEIL) issued a Letter of Comfort to ICICI Bank Limited in favour of its subsidiary, ...

LONDON (Reuters) -The global oil market was thrown into chaos on Thursday after Russia invaded Ukraine, with top buyers of Russian oil struggling to secure guarantees at Western banks or find ...

The developer behind a troubled $500 million real estate venture in Duluth is blaming a St. Cloud-based bank for its shaky ...

A letter of credit, or LC, is a contractual agreement ... responsibilities to ensure a smooth transaction. An importer's bank issues the LC in favor of the exporter -- or beneficiary -- for ...

Comera Finance, part of Comera Financial Holding and Abu Dhabi’s Royal Group, has received in-principle approval from the Central Bank of the UAE to operate as a fully licensed Non-Banking Financial ...

Walmart's Flipkart has obtained a lending licence from the Reserve Bank of India (RBI), allowing the e-commerce platform to ...

In line with its ongoing commitment to developing national talent and investing in the next generation of banking leaders, ...