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Why a new NBFC as guarantor for lower-rated infra bonds won’t help

The introduction of another government-backed NBFC raises concerns about the redundancy of such entities and their questionable effectiveness. Infrastructure finance can be raised much better through market-based mechanisms

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​ The introduction of another government-backed NBFC raises concerns about the redundancy of such entities and their questionable effectiveness. Infrastructure finance can be raised much better through market-based mechanisms The introduction of another government-backed NBFC raises concerns about the redundancy of such entities and their questionable effectiveness. Infrastructure finance can be raised much better through market-based mechanisms  Moneycontrol Latest News Read More  

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