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National Highways Authority Of India: Road Ministry against hike in project lending rates, bats for status quo, ET Auto

National Highways Authority Of India: "RBI, as a regulator, will have to create that balance to ensure financial viability of road projects does not take a hit," an official said. The central bank earlier this month proposed tighter norms, requiring lenders to allocate 5% of the project loan amount as general provisions during the construction phase, up from 0.4% provisions now.

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National Highways Authority of India: Road Ministry against hike in project lending rates, bats for status quo

National Highways Authority of India: Road Ministry against hike in project lending rates, bats for status quo
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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Need to resolve disputes, MoRTH tells FinMin as road construction slows

The ministry has sought an extension of the Vivad Se Vishwas scheme to address the backlog of contractual disputes that are impeding capital flow and hindering progress in the sector

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