https://www.taxtmi.com/notifications?id=119214 Creates the Credit Guarantee Scheme for Stand Up India administered by NCGTC to guarantee eligible term loans and working capital facilities for SC/ST and women greenfield entrepreneurs up to prescribed ceilings. Participating lending institutions must enter agreements with NCGTC, submit quarterly batches of eligible accounts, pay a risk based guarantee fee, and observe appraisal, monitoring and recovery duties. The Scheme sets guarantee cover percentages, lock in and invocation rules, claim settlement mechanics including staged payments and recovery remittance, risk premium adjustments tied to NPA and payout ratios, and empowers the Fund to modify terms and inspect records. en-us Mon, 25 Apr 2016 00:00:00 +0530 Wed, 04 May 2016 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119214 Creates the Credit Guarantee Scheme for Stand Up India administered by NCGTC to guarantee eligible term loans and working capital facilities for SC/ST and women greenfield entrepreneurs up to prescribed ceilings. Participating lending institutions must enter agreements with NCGTC, submit quarterly batches of eligible accounts, pay a risk based guarantee fee, and observe appraisal, monitoring and recovery duties. The Scheme sets guarantee cover percentages, lock in and invocation rules, claim settlement mechanics including staged payments and recovery remittance, risk premium adjustments tied to NPA and payout ratios, and empowers the Fund to modify terms and inspect records. Notifications Indian Laws Mon, 25 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119214