Framework for addressing the liquidity constraints of NBFCs - RBI - Reserve Bank of India
Framework for addressing the liquidity constraints of NBFCs
RBI/2008-09/388 |
February 18, 2009 |
All Non-Deposit taking Non-Banking Finance Companies with assets size of Rs. 100 crore and above. |
Framework for addressing the liquidity constraints of NBFCs |
The Government of India has approved a scheme for providing liquidity support to eligible NBFCs-ND-SI through a Special Purpose Vehicle (SPV) for meeting the temporary liquidity mismatches in the operations. NBFC-ND-SI |
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IDBI SASF Trust has been notified as Special Purpose Vehicle for undertaking this operation. |
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Yours faithfully, |
(A. S. Rao) Chief General Manager |