The Delhi High Court on Friday in its Judgement stated that Union Ministry as well as the GNCTD shall forthwith attend to the requests of the Delhi Metro Rail Corporation (DMRC) for extension of sovereign guarantees/subordinate debt enabling it to liquidate its liabilities under the Award.
The Delhi Metro Rail Corporation (DMRC) on Thursday told the Delhi High Court that a request has been made to its shareholders, Ministry of Housing and Urban Affairs (MOHUA) and Delhi Government to provide a sum of Rs 3565.64 Crore as interest-free subordinate debt at an early date.
New Delhi [India], October 5 (ANI): The Central government has decided to extend the Credit Guarantee Scheme for Subordinate Debt (CGSSD) for six months till March 31, 2022.
New Delhi [India], June 1 (ANI): The Union Cabinet on Monday approved Rs 20,000 crore sub-ordinate debt for stressed Micro, Small and Medium Enterprises, which will benefit two lakh such units, said Union Minister Prakash Javadekar.
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a series of liquidity measures for millions of small businesses reeling under the impact of COVID-19 lockdown, including collateral-free automatic loans worth Rs 3 lakh crore.