CBG stands for various terms. Discover the full forms, meanings, and possible interpretations of CBG across different fields and industries.
A Criteria-based Grant (CBG) in the banking sector refers to financial assistance provided to individuals or entities based on a set of predefined criteria, ensuring transparency and fairness in the allocation process. These grants are designed to support projects or initiatives that align with specific objectives, such as economic development, innovation, or social welfare.
The criteria for such grants are meticulously developed to assess the eligibility and potential impact of applicants, making the CBG a vital tool for fostering growth and innovation within the banking industry. By adhering to these standards, financial institutions can effectively contribute to the broader economic goals while maintaining accountability and efficiency in their operations.
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