As we previously reported, the leaders of college football's Power 5 conferences (ACC, Big 12, Pac-12 and SEC) held an emergency meeting over the weekend to discuss their options. … [Read more...] about BIG 10 Reportedly Cancels Football Season, No Games in 2020
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Reports indicated that Big Ten presidents, “wanted to gauge,” if administrators of other conferences at the Power Five level — the ACC, Big 12, Pac-12 and SEC — would do the same as them and lean towards, “pulling the plug,” on the season. Citing sources, ESPN said a, “vast majority,” of Big Ten presidents would vote to suspend the football season, potentially deferring for the spring. And on Monday morning, more interesting Big Ten information was released. … [Read more...] about Big Ten refutes report of canceled football season
Sadly, while all of the big names promise much, there are too many differences between them. ID Watchdog's premium protection offers few services than IdentityForce, so it pays to research which product is most suitable for you. For example, IdentityForce UltraSecure+Credit and LifeLock Ultimate Plus both offer family plans, whereas ID Watchdog doesn't. … [Read more...] about Does identity theft protection and credit monitoring really work?
Nirmala Sitharaman on Tuesday held a review meeting on credit guarantee scheme with heads of public sector banks, and asked them to expedite loan disbursement under the Rs 3-lakh crore ECLGS for MSME sector, hit hard by coronavirus-induced lockdown. The meeting on Emergency Credit Line Guarantee Scheme (ECLGS) was held through a video conference, and the minister appreciated the efforts of banks in execution of the scheme. "Hon'ble FM @nsitharaman Ji complimented PSBs on rapid traction for achieving sanctions of Rs 20,000 Cr under ECLGS. Also advised to maintain proactive outreach at branch level and keep Forms for ECLGS simple & formalities at minimum," Department of Financial Services said in a tweet. "PSBs to continue focus on sanction & reaching out to eligible MSMEs. To also target meeting credit needs of other businesses," it said. Earlier in the day the ministry gave cluster wise data of loans sanction till June 8. "As of 8 June 2020, #PSBs have sanctioned loans worth Rs … [Read more...] about FM reviews progress of Rs 3 lakh crore credit guarantee scheme for MSMEs
The scheme will be applicable to all loans sanctioned under GECL facility during the period from the date of announcement of the scheme to October 31 or till an amount of Rs 3 lakh crore is sanctioned under GECL, whichever is earlier. The main objective of the scheme is to provide an incentive to member lending institutions to increase access and enable availability of additional funding facility to MSME borrowers, in view of the economic distress caused by the COVID-19 crisis, by giving them 100 per cent guarantee for any losses suffered by them due to non-repayment of the GECL funding by borrowers. All MSME borrower accounts with an outstanding credit of up to Rs 25 crore as on February 29, which were less than or equal to 60 days past due as on that date, i.e., regular, SMA-0 and SMA-1 accounts, and with an annual turnover of up to Rs 100 crore, would be eligible for GECL funding under the scheme. … [Read more...] about PSBs disburse Rs 8,320-cr loan to MSMEs under emergency credit line scheme