Nabard to offer 18 months refinance to smaller NBFC, MFIs under special liquidity scheme

A four-fifth of the smaller microfinance firms will be eligible to get special refinance assistance through the Reserve Bank of India-created dedicated liquidity window. This would help them to bridge the cash flow mismatches they might have over the next 18 months. The National Bank for Agriculture & Rural Development (Nabard), which received the Rs […]