Reserve Bank Governor Raghuram Rajan has said the apex bank is working with the Centre and state governments to revive distressed discoms. Â´The government is fully cognizant of the problem as are we.
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
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
Industrial and Commercial Bank of China Limited, Mumbai Branch (Hereinafter referred to as Â¨the BranchÂ¨) is the first and only representative of Chinese mainland banks in India and was granted the final license by Reserve Bank of India on May 16, 2011.
Now, private entities aspiring to set up banks can expect to hear about the status of their applications from the Reserve Bank of India (RBI) in 90 days. The 90-day period for issue of in-principle approval for private bank licences would commence
Long term financing has been ailing the infrastructure sector making alternate non-banking financing options like Infrastructure Debt Funds (IDFs) more viable. Rahul Kamat and Garima Pant explore the IDF environment in India. The yawning infrastructure gap in the country is seeking closure to unleash its locked growth potential.