The proposed 660 MW Kishau dam hydro-electric and irrigation project to be built jointly by Himachal Pradesh and Uttrakhand was approved by the Centre.
Category: Infrastructure Finance
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Credit to infra industry up 67% of incremental lending
The Reserve Bank of India (RBI)’s says that bank credit to industry has increased 11.7 per cent this fiscal year, as much as two-thirds of that increase is on account of lending to infrastructure.
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DVC likely to mop up Rs 640 cr thru bond issue
Damodar Valley Corporation (DVC) will enter the domestic debt market with a seven-year bond issue to mop up Rs 640 crore through book building method to part fund a number of generation and transmission and distribution projects.
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India Infrastructure Finance 2010: Needed-A human face to infra lending
Infrastructure lending may need a more qualitative assessment approach, different from shorter-term, quantitatively evaluted funding, say experts.
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Green finance: The signal is amber
Funding for conventional energy infrastructure projects could become increasingly difficult to obtain as banks grow wary of environment concerns and ensuing regulatory bottlenecks.
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RBI: 2G loans in line with norms
The Reserve Bank of India (RBI) today exuded confidence that loans given to 2G spectrum licence holders would not turn into bad debts on account of the scam in allocation of radiowaves.