Cabinet approves Partial Credit Guarantee Scheme

News:Union Cabinet has approved Partial Credit Guarantee Scheme for purchase of high-rated pooled assets from financially sound NBFCs/HFCs by Public Sector Banks(PSBs). Facts: About the Partial Credit Guarantee Scheme:  The scheme provides for a one-time partial credit guarantee to Public sector banks(PSBs) for purchase of pooled assets of financially sound NBFCs and HFCs, The scheme… Continue reading Cabinet approves Partial Credit Guarantee Scheme