What is non-financial debt?

Non-financial debt comprises treasury bills, commercial loans, industrial loans. The issuers are non-financial. You can read about the Loan Guarantee Scheme For COVID Affected Sectors – LGSCAS in the given link.

Further readings:

  1. Micro Finance – Definition, Features & Significance
  2. Topic-Wise GS 3 Questions for UPSC Mains

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