Analysis Dec 01, 2014 The infrastructure story is waiting to unfold Infrastructure is the backbone on which the economic and social wellbeing of any country hinges. Though India has emerged as the third largest economy, its GDP growth rate slowed down to less than 5 per cent in FY 13-14, as against a CAGR of 8.4 per cent during 2003 - 2010.
Finance Update Nov 01, 2014 SBI seeks flexibility in lending rules by RBI The State Bank of India (SBI) has urged the Reserve Bank of India (RBI) to allow flexible lending rules including restructuring loans given to existing projects in line with revised cash flows available for debt refinancing
Cover Story Oct 01, 2014 Injecting Hope A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equity is likely to find its way soon in the sector enriching the fund pool. However, missing links like deepening the bond market in the country
Cover Story Jul 01, 2014 The big fix Working at a breakneck speed to kickstart the economy, the Narendra Modi-led BJP Government is looking to give a big boost to the infrastructure sector. And in one of the first few steps to achieve that, the new Government has cleared seven projects worth Rs 21,000 crore, recently.
Bankers Talk Jun 01, 2014 We will soon set up a Project Development Company in Africa The formation of PDCs will look at large projects that will be built across two to three countries in Africa. Yaduvendra Mathur, Chairman and Managing Director, Export Import Bank of India,
Energy Jun 01, 2014 OIJIF to raise $350 million The Oman India Joint Investment Fund (OIJIF) will be raising about $350 million for a new fund, according to a source. An equal joint venture between State Bank of India (SBI) and State General Reserve Fund (SGRF), OIJIF will start raising money from December. SGRF is Oman“s sovereign wealth fund.
Bankers Talk May 01, 2014 Second half of FY16 will witness boom in funding Banks with an exposure of 32 per cent are a major funding source for the infrastructure sector, and private players should not write off their contribution. VG Kannan, Managing Director and CEO, SBI Capital Markets Ltd,
Finance Update May 01, 2014 SBI inks deal with Reliance Money Infra State Bank of India (SBI) has signed up Reliance Money Infrastructure (RMIL), an Anil Ambani Group company, in a 'business correspondent' deal to source a range of banking services.
Cover Story Apr 01, 2014 Finally the Cure? Long term financing has been ailing the infrastructure sector making alternate non-banking financing options like Infrastructure Debt Funds (IDFs) more viable. Rahul Kamat and Garima Pant explore the IDF environment in India. The yawning infrastructure gap in the country is seeking closure to unleash its locked growth potential.