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I would like to know about the impact and Obstacles in Business loan due to pandemic
I want to join and become a part of the same .
Would the PCG Scheme be a direct transaction between banks and NBFCs vide the role of arrangers?
The scheme intends to have a direct transaction between the NBFC and the PSB, either by way of issuance of bonds, CPs or direct assignment. Also, the PSB and the GoI will have a separate arrangement for the guarantee given by GOI.
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Read our related write ups below –
http://vinodkothari.com/2019/02/faqs-on-delayed-payment-to-msmes/
http://vinodkothari.com/2019/08/government-credit-enhancement-for-nbfc-pools-a-guide-to-rating-agencies/
http://vinodkothari.com/2019/08/govtcreditschemeenhancement/
http://vinodkothari.com/2019/08/gois-attempt-to-ease-out-liquidity-stress-of-nbfcs-and-hfcs-ministry-of-finance-launches-scheme-for-partial-credit-guarantee-to-psbs-for-acquisition-of-financial-assets/