The Reserve Bank of India’s revised project finance guidelines, effective from October, aim to mitigate infrastructure financing risks and establish a robust framework to safeguard stakeholder interests, informs Rajashree Murkute. India’s ambitions are vast: transforming into a $30 trillion economy by 2047, building 100 smart cities, and advancing sustainability alongside seamless connectivity. Yet these goals...
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RBI tightens restructuring norms of infra projects
The Reserve Bank of India (RBI) on May 30 has announced its final guidelines provisioning norms for restructured accounts and asset classification.