Finally, banks can get completely rid of their limits imposed by asset-liability mismatch (ALM). Although schemes like take out financing exist and there have been numerous attempts to revive the corporate bond market, most of the schemes and efforts seem to have gone in vain.
Tag: government
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Delhi Metro gets UN certification
Delhi Metro has been certified by the United Nations (UN) as the first metro rail-based system in the world to get carbon credits for conĂÂtributing to the fight against climate change by help reduĂÂcing pollution levels in the city by 6.3 lakh tonne every year.
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Cabotage norms to be eased
In a bid to promote transhipment activity at the International Container Transshipment Terminal in Kochi, the shiĂÂpĂÂĂÂping ministry is considering relaxing the cabotage norms. Current cabotage norms allow foreign ships to ply on the coastline of the country only after getting prior licence from the government.
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PSA-ABG consortium wins bid for JNPT terminal
The Board of trustees of the Jawaharlal Nehru Port Trust (JNPT) decided to award the contract for its fourth container terminal to the consortium of Singapore's PSA and the ABG group in India
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GAIL projects face land acquisition hurdles
GAIL has stalled pipeline projects worth Rs 3,000 crore due to land acquisition problems.The state-run company has sought the Environment MinistryââŹâ˘s help is resolving the issue.
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Power Minister invites US cos to invest in India
Power Minister Sushilkumar Shinde invited the US companies to invest in India's power sector. Addressing the US-India Economic Opportunities and Synergies Summit in Chicago organised by FICCI in association with The Executive Club of Chicago, Shinde said India offered lucrative investment opportunities in power sector and the US investors should come forward to benefit from that opportunity
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Second phase of e-Gram project
The e-Gram project the of Gujarat government, which has so far covered 13,700 villaĂÂges, is all set to begin its second phase soon. Airtel, which is a partner in the project, has chaĂÂlked out the second phase plan. Of the total over 18,000 villages in the state, 13,700 have already been covered while in the second phase aims at covering the remaining villages.
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India committed to IPI proj
Indian government is keen to pursue the ambitious Iran-Pakistan-India (IPI) gas pipeline project.
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Rs 1.5 tn facelift for ports
The Ministry of Shipping has drawn out an investment plan of Rs 155,455 crore for modernisation and expansion of ports during the 12th Five Year Plan.
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Banks to offload infra portfolio to IIFCL
The government will ask banks to sell their infrastructure portfolio to state-run Indian Infrastructure Finance Company (IIFCL) to free up funds and reviving a crucial scheme for long-gestation projects.