Telecommunication companies only have payment licenses so they can only take deposits. They can´t lend. What´s happening in banking the world over - and I don´t think India is going to be an exception - is that banking services are being unbundled
Tag: PSL
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Injecting Hope
A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equity is likely to find its way soon in the sector enriching the fund pool. However, missing links like deepening the bond market in the country
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¨Bond market will see a face-lift in the near term¨
In an exclusive interview, Rajiv Lall, Chairman, IDFC says that the infrastructure sector is a complex industry and infra funding is an even more complex activity. I agree that that these alternate modes of finance are needed to see some momentum but modes such as infrastructure
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Rate of securitisation declines
A report by India Ratings shows that lack of priority sector lending eligible assets reduced the rate of securitised loans in the country, even as credit quality of such loans improved. At least 35 per cent of assets became ineligible for PSL (priority sector lending) qualification because of the introduction of the
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Four new berths at Kandla
Kandla Port has identified Ras Infraport, Sical Logistics, IMC and PSL for its Rs 755 crore project to develop new berths on build-operate-transfer basis.