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Liquidity boost: State banks can now buy assets of NBFCs

The scheme will help address NBFCs and HFCs resolve their temporary liquidity or cash flow mismatch issues.

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Dec 11, 2019, 10.58 PM IST

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Bank of India eyes Rs 10,000 cr loan sales in special drive

"Our focus through this initiative is the MSME sector as demand from the corporate sector is not high," state-run Bank of India executive director CG Chaitanya told reporters. "Each zone has been given a disbursement target of Rs 200 crore during this initiative. We are aiming to disburse anything between Rs 7,500 and Rs 10,000 crore," he added.

UCO Bank cuts MCLR by 10 basis points across tenors

The revised one-year MCLR now stands at 8.30 per cent, down from the existing 8.40 per ce...

PNB Housing Fin clarifies on rumours about Omaxe group loan exposure

In a regulatory filing to exchanges, PNBHFL said the information about l...

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