Question
For purchase of high-rated pooled assets of financially sound NBFCs, amounting to a total of Rs 1 lakh crore during the current financial year, government will provide one time six months’ partial credit guarantee to public sector banks (PSBs) for first loss of up to _____?
[A]
5%
[B]
10%
[C]
15%
[D]
20%
Answer & Explanation
Answer: 10%