While flow of bank credit to microfinance industry has recovered in the last two years, banks are said to be exercising great caution in choosing the right microfinance institution (MFI). Banks have become very selective in their funding decisions. They are looking for MFIs which are compliant with the code of conduct and with RBI norms, Mathew Titus
Tag: investment
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Banks exercise caution while lending to MFIs
While flow of bank credit to microfinance industry has recovered in the last two years, banks are said to be exercising great caution in choosing the right microfinance institution (MFI). Banks have become very selective in their funding decisions. They are looking for MFIs which are compliant with the code of conduct and with RBI norms, Mathew Titus
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Aranmula airport project gets green nod
KGS Aranmula International Airport, which is building a Rs 2,000-crore green field airport at Pathanamthitta in Kerala, may restart construction work on the project following the verdict of the National Green Tribunal, Chennai. The tribunal dismissed a petition challenging various decisions related to the project. The decision includes indu
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Muted response to bond issues attributed to weak mkt condition
Union Shipping Minister GK Vasan informed Lok Sabha that some ports in the country received muted response for their tax-free bond issues mainly on account of weak market sentiments and low coupon rates. While Jawaharlal Nehru Port (JNPT) wanted to raise Rs 2,000 crore through issue of tax-free bonds, the actual subs
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Muted response to bond issues attributed to weak mkt condition
Union Shipping Minister GK Vasan informed Lok Sabha that some ports in the country received muted response for their tax-free bond issues mainly on account of weak market sentiments and low coupon rates. While Jawaharlal Nehru Port (JNPT) wanted to raise Rs 2,000 crore through issue of tax-free bonds, the actual subs
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Govt , RBI took steps to boost investment
The Union Budget 2013-14 has outlined several initiatives to boost investment in infrastructure and industry, that inter-alia include encouraging Infrastructure Debt Funds, credit enhancement to infrastructure companies, raising the corpus of Rural Infrastructure Development Fund, introduction of investment allowance for new high value investments etc. Minister of State for Finance, Namo Narain Meena informed this in the Lok Sabha recently
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Govt may invite bids for 2 port projects by July
Media reports indicate that the government may invite bids for the proposed two port projects, one each in Andhra Pradesh and West Bengal, by July and award contracts by September. It may be recalled that the central government earlier proposed to set up major ports in the above states on public-private-partnership (PPP) basis
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Govt may invite bids for 2 port projects by July
Media reports indicate that the government may invite bids for the proposed two port projects, one each in Andhra Pradesh and West Bengal, by July and award contracts by September. It may be recalled that the central government earlier proposed to set up major ports in the above states on public-private-partnership (PPP) basis
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Govt may invite bids for 2 port projects by July
Media reports indicate that the government may invite bids for the proposed two port projects, one each in Andhra Pradesh and West Bengal, by July and award contracts by September. It may be recalled that the central government earlier proposed to set up major ports in the above states on public-private-partnership (PPP) basis
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Contract renegotiation in highways
The change in bidding conditions, including that by altering the timing of bid premiums, goes against the grain of bidding process. The level of success of PPP in India has been a function of contract design, regulations, and implementation framework in the respective sectors.