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RBI announces special liquidity scheme for NBFCs and HFCs through a SPV

RBI announces special liquidity scheme for NBFCs and HFCs through a SPV

Jul 01, 2020, at 05:16 pm

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

Sterlite Power acquires Vapi II North Lakhimpur Transmission Limited from PFC Consulting

Jun 26, 2020, at 08:27 pm

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.