Finance Minister Nirmala Sitharaman recently announced two schemes for NBFCs, one of which was rolled out last week and the other is expected to be launched shortly.

From a special window of Rs 30,000 crore to partial credit guarantee via PSU banks, the government’s initiative seems to be a boon for NBFCs that have been faced with numerous hardships due to the coronavirus pandemic.

Latha Venkatesh, Banking and Commodities Editor at CNBC-TV18, digs deep into the two schemes and explains how they would help NBFCs.

Watch the video for more.

First Published:May 26, 2020 10:46 PM IST