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PCGS 2.0
That Lincoln penny in your drawer might be worth $100,000 if it has this rare mint error on the backA rare 2001-D Lincoln cent mule error coin, featuring a Roosevelt dime reverse, has garnered significant attention among collectors. These ...- Don’t toss your pennies—one could be worth $100,000A rare 2001-D Lincoln penny, mistakenly minted with a Roosevelt dime reverse, has become a highly valuable error coin. Fewer than ten of th...
- "Very welcome step": MFIN chief hails FM's latest sops for small borrowers"NBFCs and MFIs play a very vital role in pushing inclusion of low-income clients. They need to be supported. Bankers are understandably ri...
- NBFCs seek continued liquidity support in upcoming BudgetTo mitigate the impact of COVID-19 on NBFC sector, the government and Reserve Bank of India (RBI) have announced various schemes such as th...
- Banks sanction Rs 2.05 lakh cr to 81 lakh MSMEs under credit guarantee schemeThe loans provided under ECLGS 2.0 will have a five-year tenor, with a 12-month moratorium on repayment of principal.
- Government gives more time to PSBs, extends PCGS 2.0 by three monthsThe Centre also allowed banks to invest up to 50% of total investments under the scheme in AA and AA- rated bonds to provide more flexibili...
- Government widens ambit of Rs 3 lakh crore MSME credit guarantee schemeThe maximum amount of guaranteed emergency credit line (GECL) funding under the scheme would also correspondingly increase from Rs 5 crore ...
- We are very stable with a capital adequacy of 38%: Capri Global Capital'Most of the semi-urban tier three, tier four cities branches have come back to normalcy.'
- NBFCs are back to raise funds, double bond sales“The dynamics of NBFC investment have changed,” said Rajeev Radhakrishnan.
- How NBFCs benefit from a dedicated liquidity windowIn May, Finance Minister Nirmala Sitharaman announced PCGS 2.0 worth Rs 45,000 cr for last mile lenders.
- Indian economy to contract in FY21, says Moody'sMoody’s latest update is in line with most global agencies in forecasting a negative outlook this fiscal.
- 3 months for PSBs to build PCGS 2.0 portfolioPublic sector banks have three months to build up their portfolios to be eligible for the extended Partial Credit Guarantee Scheme (PCGS 2....
- Govt allows banks to buy securities of low-rated NBFCs under PCGS 2.0The Union Cabinet headed by Prime Minister Narendra Modi approved the scheme on Wednesday.
- Cabinet clears food processing scheme, fisheries package and free food grains allocation for migrantsThe scheme for the micro food processing enterprises will be funded between centre and state in the 60:40 ratio.
- Govt eases norms of partial credit guarantee scheme to help NBFCs, HFCsUnder the modified Partial Credit Guarantee Scheme, sovereign guarantee of up to 20 per cent of first loss will be provided to state-owned ...
- Finance Minister announces Rs 30k cr support for NBFCs, HFCs, MFIsThe 30,000 crore special liquidity scheme will provide cash-strapped NBFCs support amid coronavirus crisis.
- D-Street analysts welcome FM’s liquidity boosters, but say yeh dil maange moreThe FM announced a Rs 30,000 crore liquidity scheme for NBFCs.
- Stimulus package details: Equity infusion vis FoFs, collateral-free loans for MSMEs; extra liquidity for NBFCs and other relief'Aatm Nirbhar Bharat' does not mean India will become an isolationist country, said FM.
- HDFC Sec advises investors to play safe in 2015The brokerage advises investors to focus on companies and sectors that do not need the crutches of the bills that need to be passed.
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