Earlier, AIIB had committed Rs 75 billion in projects that included a rural connectivity project in Madhya Pradesh; the Bangalore Metro; power transmission in Tamil Nadu; rural roads in Gujarat; and the power-for-all project in Andhra Pradesh.
Category: Infrastructure Finance
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Government to add more high-speed rail networks in future: Railway Minister
A source from the government echoed his view and said that Japan, which is giving soft loans for the project, is increasing its funding for the project to $5 billion per year from the earlier commitment of $3 billion.
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IndiaÂ’s National Investment and Infrastructure Fund to leverage AIIBÂ’s $200 million
The Asian Infrastructure Investment Bank AII) is likely to invest $200 million in a fund of funds set up by India to take interest in infrastructure projects.
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“Sustainable infrastructure is the priority in funding any project”
In an exclusive interview, Najeeb Haider, Principal Strategy Officer, Asian Infrastructure Investment Bank (AIIB) tells RAHUL KAMAT about the bankÂ’s future strategies and the key sectors for investments in India.
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Government to add more high speed rail network in the future: Rail Minister
Even as political opposition continues for the bullet train project from states like Maharashtra and Gujarat, Union Railways Minister Piyush Goyal remains optimistic and does not see "any stress" in getting the land for the ambitious high speed rail (HSR) project, primarily on the increased compensation that the Government is offering.
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AIIB to invest Rs 127 billion in India’ infrastructure sector
Considering, India's substantial infrastructure requirement, Asian Infrastructure Investment Bank (AIIB) has plans to invest around Rs 127 billion in projects including transport (metro), rural (road upgradation), energy (renewables) and water and waste management.
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NIIF to leverage Asian Infrastructure Investment Bank’s $200 mn
The Asian Infrastructure Investment Bank (AIIB) is likely to invest $200 million in a fund-of-funds set up by India to take interest in infra projects.
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Resolving Indias NPA issue with the right mindset
Indias attempts at resolution and recovery of non-performing assets (NPA) must be viewed as an extension of the federal governments Clean India Programme, albeit with the difference that it involved the cleansing of the financial system, opined a panel of experts at a discussion on Managing NPAs: Resolution and Recovery at the Fourth Global Exhibition on Services (GES) on Thursday.
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Banks Rs.5 trillion NPA worry
The slippages tend to mars banks profitability, but the tide seems to be turning with sharp reduction in SMA 2 cases and better NPA recovery prospects.As much as Rs 5 trillion of bank loans have deteriorated into non-performing assets NPAs in fiscal 2018, taking the total slippages in the past three fiscals to Rs 13 trillion.
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Q4 revenue growth seen at 9%, margin pain to ease
Growth in corporate revenue – excluding that of banking, financial services & insurance and oil companies – is likely to print at ~9% on-year for the fourth quarter of fiscal 2018, CRISIL Research’s analysis of over 400 companies, which account for 65% of the market capitalisation of the National Stock Exchange shows.