Govt guarantee to NARCL to help in development of secondary market for security receipts: SBI chief

"The SRs (issued by NARCL) are going to be guaranteed by the government, which actually will lend a lot of credibility to these SRs and perhaps it will lead to the development of the secondary market for SRs," Khara said at a virtual event organised by Bengal Chamber of Commerce and Industry.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/govt-guarantee-to-narcl-to-help-in-development-of-secondary-market-for-security-receipts-sbi-chief/articleshow/86486526.cms