Announcement
15 Sep 2021
India has announced a central guarantee for acquisition of stressed assets from banks and their subsequent disposal.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
15 Sep 2021
Revocation date:
No revocation date
Announced: 15 Sep 2021
Loan guarantee
In force
On 15 September 2021, the Indian Union Cabinet of Ministers approved an INR 30,600 crore (~USD 4.16 billion) guarantee for Security Receipts (SRs) to be issued by the National Asset Reconstruction Com...
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