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Over 100 large projects await bank funding

Infrastructure Finance
June 1, 2014June 1, 2014
Over 100 large projects await bank funding
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Over 100 projects, including from Tata Steel and Hindalco, sought financial assistance from public sector banks during January-March 2014. The industrial houses are pinning hope on the new government to boost sentiments, especially in manufacturing and capital goods sectors. According to data compiled by the Finance Ministry, for project sizes of Rs 250 crore or more, banks received 108 new projects/proposals in sectors.

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