https://www.taxtmi.com/news?id=22487 Systemic liquidity support and regulatory relaxations were implemented for NBFCs, including special bank dispensation treating incremental NBFC credit as high quality liquid assets, shortened securitisation holding periods for eligible loan assets, and launch of a Partial Credit Guarantee Scheme to enable banks to purchase high rated pooled NBFC/HFC assets. Complementary changes permit bank partial credit enhancement for NBFC/HFC bonds, adjust external commercial borrowing maturities, align bank exposure risk weights with credit ratings, increase single borrower exposure limits, and extend priority sector eligibility for bank on lending through NBFCs. en-us Tue, 04 Feb 2020 18:16:18 +0530 Tue, 04 Feb 2020 18:16:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22487 Systemic liquidity support and regulatory relaxations were implemented for NBFCs, including special bank dispensation treating incremental NBFC credit as high quality liquid assets, shortened securitisation holding periods for eligible loan assets, and launch of a Partial Credit Guarantee Scheme to enable banks to purchase high rated pooled NBFC/HFC assets. Complementary changes permit bank partial credit enhancement for NBFC/HFC bonds, adjust external commercial borrowing maturities, align bank exposure risk weights with credit ratings, increase single borrower exposure limits, and extend priority sector eligibility for bank on lending through NBFCs. News - Tue, 04 Feb 2020 18:16:18 +0530 https://www.taxtmi.com/news?id=22487