Latest News on Bank Guarantees
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Bank Guarantees - Total results - 6
Mar 13, 2018
Nirav Modi scam effect: RBI stops use of Letters of Undertaking for trade credit for importsThe RBI said the decision to discontinue the practice of LoUs and Letters of Comfort (LoCs) for trade finance comes into force with immediate effect
Feb 20, 2018
PNB Rs 11,000 cr fraud: Banks should follow either gold loan principle or asset-based financing to avoid scamsGold loan’s popularity in the country has something to do with craze for the metal and ease of getting the loan sanctioned in just two hours.
Sep 08, 2017
India's move to scrap bank guarantee for women Domestic workers in Kuwait will harm their rightsThe removal of the bank guarantee recruitment norm has put at risk a large number of Indians working as house maids in Kuwait
Oct 10, 2015
BCCI will laugh all the way to bank with PepsiCo's bank guaranteeBCCI may well succeed in turning the tables on PepsiCo to sustain its claim of enforcing the bank guarantee for the remaining two years.
Feb 01, 2013
CoalMin asks Nalco to furnish Rs 18 cr bank guaranteeCoal Ministry has directed Nalco to furnish a bank guarantee of about Rs 18 crore for not developing its coal mine in Orissa and a failure to deposit the sum within 3 months may result in the block being taken back.
Jun 28, 2012
Give Loop a week to clear dues, telecom tribunal tells BSNLEarlier this month, TDSAT had stayed BSNL from encashing the bank guarantee given by Loop in Madhya Pradesh and J&K circles until further orders.