Archive for May 30th, 2020

Credit guarantees of 1970s make a comeback

May 30, 2020

India’s FM Ms Nirmala Sitharaman gave the breakup of the Rs 20 lakh cr stimulus over a 5 day presentation. One key feature of the stimulus is the several credit guarantees with the loans.

My new piece in Moneycontrol where I look at the long history of credit guarantees in India..

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