The demand within the affordable housing segment remains robust. Given that the target customer of this segment typically relies on bank funding. Consequently, ICRA research has taken a note of the significant growth in the sub Rs 250 million category.
FlashNews:
India’s Deepwater Energy Ambitions Ignite with Andaman Basin Gas Discovery
Mumbai-Ahmedabad bullet train corridor to emerge as major economic cluster: Ashwini Vaishnaw
IndiGo Adds 12 New Domestic Routes in October, Strengthens Regional Air Connectivity Across India
IndiGo Deepens Indian Ocean Connectivity with New Routes to Bali and Malé
Air India Express Adds Jodhpur and Udaipur to Domestic Network, Expands Footprint to 60 Destinations
Noida International Airport Pioneers India’s Green Construction Shift with LC3 Cement
Domestic Flyers Drive Digital Airport Revolution with Record Self-Check-In and DigiYatra Uptake: CSMIA
MOVIN Express Director Maps Festive Logistics Strategy for 2025: Reliability, Speed, and Scale
JNPA Launches India’s First EV Trucking Fleet; Targets 90% Conversion by 2026
India’s Green Hydrogen Push Gains Global Momentum with Cost Edge and Policy Muscle: S&P Global Commodity Insights
Low-Cost Capital Crucial to Power India’s Clean Energy Manufacturing Surge: CII-PwC
PM Modi Launches India’s Largest Solar-Plus-Storage Project in Rajasthan
Suzlon Commits to Full EV Fleet by 2035, Targets 24% Emissions Cut Under Global EV100 Pact
Cochin Shipyard Partners with HD Korea to Build Large Vessels, Invests Rs 18.7 Billion in Kochi Facility
India Must Target 40-Fold Surge in Green Energy to Meet 2047 Goals: CII-EY Report
India Unveils ₹697 Billion Maritime Revamp to Boost Shipbuilding, Jobs, and Global Competitiveness
Navi Mumbai International Airport: India’s Newest Gateway to Growth, Connectivity and Investment
Air India Group Unveils Strategic Operational Blueprint for Navi Mumbai International Airport
CISF Takes Charge of Aviation Security at Noida International Airport Ahead of 2024 Operational Launch
Tag: NPA
Still, Indian banks are critical for infrastructure
INFRASTRUCTURE TODAY spoke to the then interim Finance Minister on the sidelines of AIIB Annual General Meeting in a length over various issues, especially funding for infrastructure.
Banks Rs.5 trillion NPA worry
The slippages tend to mars banks profitability, but the tide seems to be turning with sharp reduction in SMA 2 cases and better NPA recovery prospects.As much as Rs 5 trillion of bank loans have deteriorated into non-performing assets NPAs in fiscal 2018, taking the total slippages in the past three fiscals to Rs 13 trillion.
Resolving Indias NPA issue with the right mindset
Indias attempts at resolution and recovery of non-performing assets (NPA) must be viewed as an extension of the federal governments Clean India Programme, albeit with the difference that it involved the cleansing of the financial system, opined a panel of experts at a discussion on Managing NPAs: Resolution and Recovery at the Fourth Global Exhibition on Services (GES) on Thursday.
Strengthening Infrastructure
Two-thirds of the infrastructure investment, as per the revised plan, was to be funded by the public sector (central and state governments) while the remaining one-third was to come from the private sector.
Steel shining!
India is the third largest steel producer in the world after China and Japan and has an installed capacity of about 131 million tonne (mt) at present. It produced 101 mt of steel in FY2017 and consumed 84 mt during the same period.
OPERATION IN(FRA)SOLVENCY
With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolvency and Bankruptcy Code 2016 is a sigh of relief for India's financial institutions.
New banking ordinance a welcome step, but inadequate |CSE
Centre for Science and Environment (CSE) is perhaps the only agency in the country which argues that environmental and social issues are closely linked to one of the biggest bugbears that is plaguing Indian banks today – NPAs, or non-performing assets.
Sandeep Upadhyay, Managing Director and CEO, Centrum Infrastructure Advisory Limited
Budget should focus on higher funds allocation to infrastructure and improving domestic macroeconomic fundamentals
The priority of the Budget should be to improve the macroeconomic fundamentals of the country and make efforts to meet the fiscal deficit targets of last year. The onus should be on productive utilisation of funds.
Cash Crunch
Still recovering from the ´zero toll´ period during the demonetisation rollout, many infra players are waiting for cash compensation from the government so that they can stay solvent.