Ahmedabad/Surat, April 10 – A special Central Bureau of Investigation (CBI) court in Ahmedabad on Friday convicted and sentenced three retired officials of Punjab National Bank (PNB), along with five private individuals and a company, in a bank fraud case.The case involved the granting of...
ahmedabad
bank fraud
bank officials
bapa sitaram enterprise
cbi (central bureau of investigation)
creditfacilities
financial crime
forged documents
gujarat
imprisonment
jalpa enterprise
loan fraud
punjab national bank
shree kali textiles
surat
The government has modified the Mutual Credit Guarantee Scheme (MCGS) to support Micro, Small, and Medium Enterprises (MSMEs), Manufacturers, and Exporters, in line with the 2025-26 budget.The scheme provides a 60% guarantee coverage by the National Credit Guarantee Trustee Company Limited...
Mumbai, February 13 The Reserve Bank on Friday issued the final guidelines on acquisition financing by banks, increasing the lending limit to up to 75 per cent of the deal value from the 70 per cent proposed in the draft rules.In amended directions governing commercial banks' credit...
acquisition financing
acquisition value
april 1 effective date
bank lending
commercial banks
corporate guarantees
creditfacilities
debt-to-equity ratio
equity financing
financial assessment
india
mumbai
promoter stake
rbi guidelines
reserve bank of india
Mumbai, February 13 The Reserve Bank proposed on Friday allowing banks to extend loans to REITs, capping the total exposure at 49 percent of the asset value under each investment trust.Banks will provide loans only to listed Real Estate Investment Trusts (REITs).Currently, there are five...
asset value
banking
banks
creditfacilities
financial regulation
india
investment trusts
invits
loan capping
real estate finance
real estate investment trusts
regulatory action
reits
reserve bank of india
sebi