April 19, 2024 00:11 (IST)
RBI announces special liquidity scheme for NBFCs and HFCs through a SPV
Mumbai/IBNS: In the bid to improve the liquidity position of the NBFCs and HFCs amid the sagging economic situation triggered by Covid-19 pandemic, the government has approved a special scheme to prevent potential systemic risk in the financial sector, the Reserve Bank said on Wednesday.
Sterlite Power acquires Vapi II North Lakhimpur Transmission Limited from PFC Consulting
New Delhi/IBNS: Sterlite Power, a global power transmission player, recently announced the acquisition of Vapi II North Lakhimpur Transmission Limited (VNLTL), a Special Purpose Vehicle (SPV) from PFC Consulting Limited.
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