Budget 2019: Sitharaman proposes to allow foreign investors to invest in NBFC debt securities
Budget 2019: It further stated that the Credit Guarantee Enhancement Corporation will be set up in the current fiscal and action plan will be put in place to deepen markets for long-term bonds with specific focus on infrastructure sector.
She said the government proposes to allow FII and FPI investment in debt securities issued by NBFCs. Image source: Twitter/PIB