Plan likely to give NBFCs more lending room

The options that have been deliberated ahead of the February 1 budget include a plan akin to the Troubled Asset Relief Program (TARP) that the US put in place after the subprime mortgage crisis that sparked the financial crisis of 2007-08. Funding for such a structure could come from residual stakes in the Special Undertaking of Unit Trust of India.

from Banking/Finance-Industry-Economic Times https://ift.tt/2R8G5R7