• SENSEX
    NIFTY 50
Finance

Budget 2019: Govt announces measures to ease liquidity crunch of NBFCs, HFCs

Updated : July 05, 2019 02:31 PM IST

The government will provide short-term partial credit guarantee for the purchase of high-rated pooled assets of NBFCs for a total amount of Rs 1 lakh crore.
This guarantee will be provided via public sector banks for the first loss of upto 10 percent.
Budget 2019: Govt announces measures to ease liquidity crunch of NBFCs, HFCs
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV