Having over 15 years of professional experience, Rahul Rao, CEO, Lalitanjali Group, has the ability to wear multiple hats due to his cross functional experience in strategic business planning,
FlashNews:
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
Tag: banking sector
Relief package
The Goa Government is holding discussions with banks to work out a relief package for the borrowers affected by mining ban. Goa Governor Bharat Vir Wanchoo, delivering his customary address at the state assembly on the first day of the five-day budget session, said the banking sector, including cooperative banks, is facing tremendous stress on account of the advances made to various segments of the mining industry turning into non-performing assets.
Overhaul of Indian banking sector mooted to up growth
To increase growth in banking sector, competition among banks and for peoples' financial inclusion in the country, the Reserve Bank of India (RBI) has proposed a comprehensive overhaul of the countryÂ’s banking structure. Presently, only a universal banking structure is allowed, in the sense there is no separate licencing for niche activities as in developed nations.
PFC to enter banking, eyes stake buy in State-run banks
In a bid to enter banking sector the government-run Power Finance Corporation (PFC) has now decided to acquire a 'substantial' stake in a public sector bank. It has already written to the ministries of finance and power and is waiting for their nod. Like its peers ICICI, IDBI and HDFC, PFC also intends to enter the banking sector.
Fee-sharing mechanisms should be encouraged to push takeout finance
Takeout financing should be one of the key channels for financing infrastructure projects, wherein, certain sectors like power do have sector exposure issues with the banking sector,
Restructuring should not be considered anathema
Although banking sector stress may have 'bottomed out', as he puts it, India's infrastructure sector remains vulnerable to risks, both inherent and external. Corporate restructuring should not be thrown out the window as a solution for problems that are extraneous to a project.
Restructuring of loans to discoms is not a permanent solution
In a freewheeling interview with Rahul Kamat, M V Tanksale, Chairman and Managing Director, Central Bank of India, says that although discoms are going through a rough phase
Infra valuations have hit rock bottom, will bounce back henceforth
As reports say that FY2012 was the year when project completion was its highest ever, is the spiral of low confidence-locked funds-low valuations-slow completion finally a thing of the past?
On the foothills of an uncertain year
One of the key challenges in infrastructure is facilitating the flow of projected but large amounts of capital into infrastructure. Current trends indicate that there might be a funding shortfall of over $300 billion,
Not enough credit enhancements
While in theory, the idea behind setting up IDFs is sound, the two structures proposed by the Ministry of Finance at present do not appear to have enough credit enhancement mechanisms to bring in domestic and foreign long term institutional investors, says Amit Dinakar.