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Pandemic may bring back plan for a new credit enhancing NBFC ​ By IANS | Published on ​ Tue, Dec 15 2020 19:51 IST | ​ 6 Views Non-Banking Financial Company (NBFC).. Image Source: IANS News New Delhi, Dec 15 : The government may give the go-ahead for a new credit enhancement non-banking finance company (NBFC) that will act as a guarantor for lower-rated bonds issued by infrastructure companies to help them raise funds at competitive rates. A credit enhancement structure or a company helps in lifting the ratings of a specific project or a Special Purpose Vehicle (SPV) executing that project, making it easier for them to mobilise funds from the market at attractive rates.

New delhiNirmala sitharamanArun jaitleyAtmanirbhar bharatIndia infrastructure finance co ltdNational bankNational housing bankCredit guarantee enhancement corporationNational infrastructure credit enhancement ltdDevelopment authorityRural development nabardSpecial purpose vehicleGuarantee enhancement corporationRural developmentEmergency credit line guarantee schemeUnion finance minister nirmala sitharaman