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Govt eases norms of partial credit guarantee scheme to help NBFCs, HFCs

Updated : May 21, 2020 12:39 PM IST

The Cabinet has also extended the time period of the scheme from June 30, 2020 to March 31, 2021 for purchase of pooled assets of the distressed entities.
In addition, modifications in the existing PCGS will enable wider coverage of the scheme on the asset side also.
Govt eases norms of partial credit guarantee scheme to help NBFCs, HFCs

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