Special Liquidity Scheme

  • On 20th May, 2020, the government announced a new Special Liquidity Scheme for Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) to improve liquidity position of the NBFCs/HFCs.This facility would supplement the liquidity measures taken so far by the Government and RBI.

Key Details

  • The Government has proposed a framework for addressing the liquidity constraints of Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) through a Special Liquidity Scheme.
  • A Special Purpose Vehicle(SPV) would be set up to manage a Stressed Asset Fund (SAF).
  • The special securities of SAF would be guaranteed by the Government of India and purchased ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy July 2020 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Economy Watch