Sovereign Payment Guarantees
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Govt approves Rs 30,600 cr sovereign guarantee to operationise bad bank
Business | Sep 16, 2021, 08:02 PM ISTThe government guarantee will allow banks to transfer their non-performing assets (NPAs) to NARCL, which will buy the stressed assets on payment of 15 per cent of the amount in cash and the balance 85 per cent in security receipts.
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India seeks payment guarantee from Pak to sign gas agreement
Nov 02, 2013, 05:28 PM ISTNew Delhi: India has sought from Pakistan sovereign payment guarantees before it can sign a contract to export natural gas through a pipeline from Punjab.State-owned gas utility GAIL India Ltd plans to initially supply 5
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