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RBI announces special liquidity scheme for NBFCs and HFCs through a SPV

RBI announces special liquidity scheme for NBFCs and HFCs through a SPV

Jul 01, 2020, at 05:16 pm

Mumbai/IBNS: In the bid to improve the liquidity position of the NBFCs and HFCs amid the sagging economic situation triggered by Covid-19 pandemic, the government has approved a special scheme to prevent potential systemic risk in the financial sector, the Reserve Bank said on Wednesday.