To ensure proper arrangements for repayments or refinance for infrastructure projects, there is a need to design new fiscal products, according to State Bank of India Chairperson Arundhati Bhattacharya. Presently, majority of infrastructure projects in the country are financed with 8-10 year term loans, while the assets have a life of at least 25 years. This led to front-loading of repayments, Bhattacharya said
Category: Infrastructure Finance
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Tata Cleantech to fund renewable projects
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India launches Bharatiya Mahila Bank for women
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ADB studies India’s east coast economic corridor
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Sidbi gets Rs 5,000 cr RBI loan
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SBI to raise Rs 5,000 cr by March
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