Retail-focused NBFCs seek refinance window from FM

Para banks have requested that this window be established through MUDRA, Small Industries Development Bank of India, National Bank for Agriculture and Rural Development and National Housing Bank. They are also requesting a special purpose vehicle that would be allowed to leverage about 4 times to provide a funding of ₹50,000 crore to small and medium-sized NBFCs.

from Banking/Finance-Industry-Economic Times https://ift.tt/2xnUq5c