INFRASTRUCTURE TODAY spoke to the then interim Finance Minister on the sidelines of AIIB Annual General Meeting in a length over various issues, especially funding for infrastructure.

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.

At the outset, Aditi Maheshwari, Climate Change Policy Specialist at the Washington DC-based International Finance Corporation (IFC) of the World Bank Group might appear to be demure, even reticent.

Raman Roy is widely referred to as the father of India's BPO revolution. In 2000, his firm Spectramind (sold to Wipro in 2002) was one of the first in the country to get into third-party contracts.

With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolvency and Bankruptcy Code 2016 is a sigh of relief for India's financial institutions.

Centre for Science and Environment (CSE) is perhaps the only agency in the country which argues that environmental and social issues are closely linked to one of the biggest bugbears that is plaguing Indian banks today – NPAs, or non-performing assets.

National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments systems in India has announced that Unified Payments Interface (UPI) will be going live for customers with 21 banks.

Vinayak Chatterjee, Chairman, Feedback Infra feels that the country has failed miserably on regulation, renegotiation, risk allocation and resourcing. He says that a comprehensive policy framework, including independent regulation, is required to make the PPP concept a success.

Jaypee Infratech announced it had defaulted, for the first time, on interest payments to Indian banks of Rs.193 crore and of Rs.300 crore to Life Insurance Corporation of India in repayment of principal.