Government Expands Partial Credit Guarantee Scheme To Lower-Rated Assets
A customer counts Indian rupee banknotes at the Mayuresh Watches and Traders watch and mobile phone store in the Byculla area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Government Expands Partial Credit Guarantee Scheme To Lower-Rated Assets

The Indian government has approved changes to the partial credit guarantee scheme introduced in Budget 2019-20 to allow state-run banks to buy lower-rated assets from non-bank lenders.Public sector...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.