Infrastructure developers won't really complain about the process of funding for their projects. Their problems remain getting the projects cleared for takeoff. BA Prabhakar, Chairman and Managing Director, Andhra Bank, speaking with Sumantra Das, explains the recent uncertainties and opportunities in infrastructure lending.
Tag: infrastructure lending
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Banks need to remain focused on infra despite low demand currently
Correction in macro-economic fundamentals, the governmentĆā s efforts to resolve power and roads issues, and policies being formulated point towards a healthy future. SS Mundra, Chairman and Managing Director, Bank of Baroda, explains to Sumantra Das
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The worse is over and the industry is looking for upward growth
We expect better prospects for roads and power sector, provided proper support is available from government by way of single window clearances, says M Narendra, CMD, Indian Overseas Bank,
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We need more specialised infrastructure funding institutions
We would like to continue infrastructure lending by cherry-picking good and viable projects promoted by parties with proven track records, says HS Upendra Kamath, Chairman and Managing Director, Vijaya Bank
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Infra lending status for key segments
Giving a boost to key segmentssuch as roads and bridges, liquefi ed natural gas (LNG), oil pipelines, water treatment plants, telecom towers, and three-star hotels, the Reserve Bank of India (RBI) accorded them infrastructure status and paved way for them to avail easier funding from banks.