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Cabinet approves ‘Partial Credit Guarantee Scheme’ for purchase of high-rated pooled asset

December 12, 2019
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The Union Cabinet has approved the Partial Credit Guarantee Scheme’ for purchase of high-rated pooled asset from the financially sound NBFCS/HFCs by PSBS. The proposed Govt. support and resultant pool buyouts will hell to address NBFC resolve their temporary liquidity mismatch issues.
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