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Explained: How will Govt easing partial credit guarantee scheme norms help NBFCs and who will be eligible?

Updated : May 21, 2020 02:58 PM IST

The government recently relaxed the norms of the Partial Credit Guarantee Scheme (PCGS) worth Rs 45,000 crore to include a larger number of NBFCs, HFCs and micro finance institutions.
The extension of the existing scheme will address the liability side concerns, the government said.
Explained: How will Govt easing partial credit guarantee scheme norms help NBFCs and who will be eligible?

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