https://www.taxtmi.com/news?id=22838 The Cabinet expanded the Partial Credit Guarantee Scheme (PCGS) to provide a sovereign portfolio guarantee for PSB purchases of NBFC/HFC/MFI bonds and CPs rated AA and below (including specified short-maturity unrated paper), and relaxed pooled-asset eligibility by admitting certain SMA-1 NBFCs/HFCs, easing net-profit and asset-origination criteria, and extending the Scheme's operational window, with the guarantee facility time-limited by an aggregate cap and a fixed closing date. en-us Wed, 20 May 2020 16:44:02 +0530 Wed, 20 May 2020 16:44:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22838 The Cabinet expanded the Partial Credit Guarantee Scheme (PCGS) to provide a sovereign portfolio guarantee for PSB purchases of NBFC/HFC/MFI bonds and CPs rated AA and below (including specified short-maturity unrated paper), and relaxed pooled-asset eligibility by admitting certain SMA-1 NBFCs/HFCs, easing net-profit and asset-origination criteria, and extending the Scheme's operational window, with the guarantee facility time-limited by an aggregate cap and a fixed closing date. News - Wed, 20 May 2020 16:44:02 +0530 https://www.taxtmi.com/news?id=22838