 "NBFCs")
Financing requests of close to Rs 14,000 crore have been received under the Rs 30,000-crore special liquidity scheme for stressed NBFCs and HFCs whose financial health deteriorated further due to the COVID-19 crisis, the finance ministry said on Friday.
The scheme was launched on July 1.
The Reserve Bank of India (RBI) has provided funds for the scheme by subscribing to government-guaranteed special securities issued by a trust set up by SBI Capital Markets Limited (SBICAP).
The scheme is being implemented by SLS Trust, the SPV set up by SBICAP.
"As on July 23, five proposals involving an amount of Rs 3,090 crore have
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