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Govt's Rs 30,000-crore special liquidity scheme disappoints NBFCs

Updated : May 21, 2020 01:14 PM IST

India’s shadow banks believe the special liquidity scheme announced as part of the Rs 20 lakh crore Atma Nirbhar Bharat Abhiyan package is a “non-starter”, as it only provides very short term liquidity relief.
Earlier today, the Cabinet had approved a Rs 30,000 crore “special liquidity scheme” for non-banking finance companies (NBFCs).

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