The Finance Ministry has relaxed the lending norms for the warehousing sector in a bid to meet the growing demand for storage capacity. Under the new norms, the National Bank for Agriculture and Rural Development (NABARD) can refinance bank loans given out for the purpose of constructing warehouses at an interest rate of as low as 8 per cent.
FlashNews:
Suzlon Secures Maiden 200 MW Wind Order from Ayana Renewable Power
Tata Power Solaroof Crosses Half‑Million Rooftop Milestone, Targets 3 Million by 2029
REC Issues India’s First Tokenised Corporate Bonds Under SEBI Sandbox
IndiGo to Begin Guwahati-Bangkok Flights, Expanding Northeast India’s Global Reach
Suhora Technologies Launches Open Satellite Platform to Support Nepal Flood Response
WABAG Wins RIL Repeat Order for Advanced ETP at Jamnagar
Homegrown Airtel Cloud Seeks to Support India’s Sovereign Manufacturing AI
Air India’s VT‑AWD Dreamliner Arrives After Completing 500 Checks
RVNL Secures ₹90.3 Billion Order for Rail Connectivity to Buxar Thermal Power Project
Air India and IHG Hotels & Resorts Forge Loyalty Partnership
RVNL Emerges Lowest Bidder for ₹40.49 Billion EPC Package in Odisha
ISRO’s GSLV-F17 Launches EOS-05, India’s First Geosynchronous Imaging Satellite
Inox Wind Secures ₹7.55 Billion Repeat Order from Indian Oil
FLY91 Signs $1 Billion ATR Order to Drive Regional Aviation Growth
Esri Launches Linux‑Based GeoSARAL to Tap India’s Expanding GIS Market
Tata Power Commissions 400 kV Jalpura-Khurja Corridor to Strengthen NCR Grid
UrbanVault Expands into Chennai with 100,000 Sq. Ft. Across Three Properties
Naidu Chairs High‑Level Committee to Strengthen Aircraft Leasing and Financing
Windergy India 2026: Wind Sector Targets 100 GW with Manufacturing, Offshore and Repowering
Home » FM relaxes lending norms
FM relaxes lending norms
Infrastructure Finance
January 1, 2012January 1, 2012
Leave a Reply
You must be logged in to post a comment.