Punjab CM to discuss legal guarantee to MSP, farm debt at NITI Aayog meet

Punjab Chief Minister Bhagwant Mann said he will raise several issues, including a legal guarantee to the minimum support price (MSP) for crops and farm debt, at the NITI Aayog governing council meeting in Delhi on Sunday. Speaking to reporters here on Saturday, Mann slammed his predecessors Charanjit Singh Channi and Amarinder … Read more

Tikait warns of ‘agriculture hartal’ in India to press for MSP guarantee

Farmer leader Rakesh Tikait on Monday warned of a “country-wide agriculture hartal” if the demand for a legally guaranteed minimum support price (MSP) was not met by the Narendra Modi government. Tikait, who is on a three-day tour of Bihar, also urged Chief Minister Nitish Kumar to restore the … Read more

UK strips £400mn of Greensill loans to Sanjeev Gupta of state guarantee

The UK government has withdrawn guarantees on £400mn of loans Greensill Capital made to companies linked to Sanjeev Gupta, the metals magnate whose business empire is under criminal investigation for suspected fraud and money laundering. In a letter published on Monday, the British Business Bank — the state-owned lender that administered many of the UK’s … Read more

RBNZ undecided on merits of policy guarantee scheme – Regulatory & Government – Insurance News

RBNZ undecided on merits of policy guarantee scheme 30 May 2022 The Reserve Bank of New Zealand (RBNZ) says it is still considering whether or not to proceed with further work on a policy guarantee scheme after industry submissions were “universally against” while policyholder focus group views were mixed. “We note that our focus group … Read more

Santander debuts 95% LTVs outside mortgage guarantee scheme

Santander for Intermediaries will launch 95% loan-to-value mortgages that lie outside the government’s mortgage guarantee scheme on 1 June. Its lending policy for loans above 90% LTV will remain the same as the lender’s existing lending policy. The firm adds that its 95% LTV standard rates will be the same as its existing mortgage guarantee … Read more

Italy to guarantee loans to firms hit by Ukraine war

© Reuters. FILE PHOTO: An Italian flag flies over the Quirinale Palace in Rome, Italy, January 26, 2021. REUTERS/Guglielmo Mangiapane MILAN (Reuters) – Italy will provide state guarantees to companies whose activity has been disrupted by the conflict in Ukraine covering between 70% and 90% of the financing they receive from lenders, a draft decree … Read more