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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

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