financial guarantee

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    MIGA Guarantee Fund Boosts IIFCL's Infrastructure Funding

    New Delhi, April 2 India Infrastructure Finance Company Ltd (IIFCL) plans to mobilize up to USD 1 billion through the MIGA guarantee fund during the ongoing first quarter to support infrastructure development across the country.The Multilateral Investment Guarantee Agency (MIGA) provides...
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    State Dept. Expands Visa Bond Requirement for Tourism and Business

    Washington, March 18 – The U.S. is expanding its visa bond program to cover 50 countries, starting April 2, requiring foreign nationals seeking B1 and B2 visas for business and tourism to post a $15,000 bond, the State Department said on Wednesday.The bond will be returned to visa holders who...
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    India's Rooftop Solar Program Receives $197.67M World Bank Guarantee

    Washington, February 17 – India’s ambitious plan to expand rooftop solar power secured a $197.67 million guarantee from the World Bank Group’s guarantee arm on Tuesday.The five-year guarantee supports refinancing a $500 million loan from the World Bank to the State Bank of India for...
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