As India’s newest development financing institution (DFI), the National Bank for Financing Infrastructure and Development (NaBFID) is targeting Rs.1.2 trillion in loan sanctions for this fiscal year. Samuel Joseph Jebaraj, Deputy Managing Director, tells INFRASTRUCTURE TODAY’s Manish Pant that while deepening its presence in renewables and roads, the DFI is also underwriting municipal bonds and...
Tag: RBI
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Proposed RBI norms are positive for the industry: CRISIL
While the overall cost of financing may go up, several aspects of the central bank proposals on provisioning norms can help ramp up the overall infrastructure buildout in the country as we advance, says Jagannaryan Padmanabhan, Senior Director and Global Head, Transport Logistics & Mobility, CRISIL Infrastructure Advisory tells INFRASTRUCTURE TODAY. Edited excerpts. How do you see...
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RBI grants IREDA the status of Infrastructure Finance Corporation
This will enable IREDA to increase its renewable energy financing
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The Industry Responds!
For the fourth time in a row, to combat inflation, RBI’s monetary policy panel hiked the repo rate and interest rates by 35 basis points to 6.25 per cent. For the fourth time in a row, to combat inflation, RBI’s monetary policy panel hiked the repo rate and interest rates by 35 basis points to...
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Can Insolvency aid India’s infrastructure?
Many infrastructure companies are going through Corporate Insolvency Resolution Process (CIRP); some of them were also in the first target list of the Reserve Bank of India (RBI), wherein 12 companies were identified in June 2017 to proceed in under the code.
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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.
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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.
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We can’t shy away from PPPs
PR Jaishankar, Chief General Manager, India Infrastructure Finance Company Ltd (IIFCL) says that old models of development financing need a complete overhaul. He feels while development financing still holds relevance, it needs to be viewed in the context of the dynamic needs of the emerging environment.
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Steel sector contributes 2percent to GDP in 2015-16
The Indian steel sectorÂ’s contribution to overall Gross Domestic Product of the country was nearly 2 per cent during 2015-16.
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Simplifying Corporate Adjudication
The establishment of a National Company Law Tribunal (NCLT) and its Appellate Tribunal (NCLAT) will provide for an efficient, timely and one stop-shop dispute resolution mechanism, preventing fragmentation of disputes relating to companies before multiple forums.