https://www.taxtmi.com/news?id=22836 The Special Liquidity Scheme establishes an SPV-managed Stressed Asset Fund that will issue interest-bearing, government-guaranteed special securities purchased solely by the Reserve Bank of India, with proceeds used to acquire short-term, investment-grade debt of eligible NBFCs/HFCs (residual maturity up to three months), administered by the Department of Financial Services under a government equity contribution and a government guarantee ceiling. en-us Wed, 20 May 2020 16:37:57 +0530 Wed, 20 May 2020 16:37:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22836 The Special Liquidity Scheme establishes an SPV-managed Stressed Asset Fund that will issue interest-bearing, government-guaranteed special securities purchased solely by the Reserve Bank of India, with proceeds used to acquire short-term, investment-grade debt of eligible NBFCs/HFCs (residual maturity up to three months), administered by the Department of Financial Services under a government equity contribution and a government guarantee ceiling. News - Wed, 20 May 2020 16:37:57 +0530 https://www.taxtmi.com/news?id=22836