S Vishvanathan, MD and CEO, SBI Capital Markets, explains why the regulators of IDF have taken a rather cautious approach in developing it, and suggests that banks can take on the initial risk and then pass it on to IDFs-thus retaining the asset throughout the project.
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Infra lender faces the risk of execution and regulatory uncertainties
As the country's most experienced lead finance arranger for infrastructure projects, SBI Capital Markets, turned 25 this year, S Vishvanathan, MD and CEO, projects what
the journey for infrastructure finance and project structuring means, and says uncertainties and other hurdles are temporary in the long run.