guarantee

RBI Governor Shaktikanta Das (File photo)RBI's move will not only boost credit penetration but also encourage collaboration between fintech and regulated entities for the benefit of the economy.The Reserve Bank recently came out with…

ZURICH: UBS and the Swiss government signed on Friday (Jun 9) an agreement to cover up to 9 billion Swiss francs (US$10.00 billion) in losses from its emergency takeover of Credit Suisse, the country's largest bank and the government said.…

NEW DELHI: The RBI has issued guidelines permitting the use of first loss default guarantee (FLDG) arrangements in digital lending, but with strict norms. Previously, the RBI cracked down on FLDGlending models in which fintechs provided…

The Reserve Bank of India has introduced a cap of 5% on the first loan default guarantee (FLDG) that is provided by fintechs to their lending partners.In a notification issued on Thursday, the central bank said that regulated entities (RE)…

The tussle between Pakistan Cricket Board (PCB) and Board of Control for Cricket in India (BCCI) over hosting of Asia Cup doesn't seem to get over anytime soon. After India decided to not visit its neighboring country for the ODI…

File photo of India vs Pakistan match© AFPThe International Cricket Council (ICC) chairman and CEO are in Lahore to seek guarantees from the PCB that it will not push for implementing a hybrid model for its matches in the ODI World Cup in…

A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate and development finance in poorer countries. | Photo Credit: AFP A top-level meeting in Paris next month will lay out a $100 billion…

LONDON :A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate and development finance in poorer countries by providing currency guarantees to investors, according to a document seen by…

The new guideline would come into force from July 1, the Securities and Exchange Board of India saidA core Settlement Guarantee Fund (SGF) is a corpus used for settlement of trades during defaults and all intermediaries contribute towards…

Pakistan Cricket Board chairman Najam Sethi will seek a "written guarantee" from BCCI supremo Jay Shah about Indian team's participation in 2025 ICC Champions Trophy in Pakistan before committing on their national team playing its ODI World…