Special liquidity scheme: Rs 6,400 cr! 15 proposals of stressed NBFCs, HFCs sanctioned
The scheme launched on July 1 permits both primary and secondary market purchases of debt and seeks to address the short term liquidity issues of non-banking financial companies (NBFCs) and housing finance companies (HFCs).
The Finance Ministry on Saturday said 15 proposals worth Rs 6,399 crore of stressed NBFCs and HFCs have been sanctioned under the special liquidity scheme as part of the Rs 20.97 lakh crore 'Aatmanirbhar Bharat' package. Reuters photo.