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State-owned lenders plan to approach the government seeking changes to terms governing performance bank guarantees (PBGs), timely compensation from concessioning authorities, and greater immunity for board members sanctioning funds for infrastructure projects as they firm up their response to Reserve Bank of India (RBI) draft rules on project financing that call for higher provisioning.
Finance Minister Nirmala Sitharaman discusses steering the economy post-Covid, GST, IBC, and future reforms in a detailed interview.
Finance Minister Nirmala Sitharaman discusses steering the economy post-Covid, GST, IBC, and future reforms in a detailed interview.
Finance Minister Nirmala Sitharaman emphasizes banks should focus on retail lending over project lending for long-term stability.
Finance Minister Nirmala Sitharaman emphasizes core banking for commercial banks, discusses infrastructure financing, GST reform, and cryptocurrency regulation.