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The proposed stricter lending criteria, with additional provisioning, are aimed at preventing accounting shocks but could potentially hurt balance sheets of these entities and exert pressure on their valuation multiples, analysts and economists said.
For the RBI, the lessons from the punishing bad loan cycle triggered by infrastructure loans are the reason behind the tighter norms
Trio bring M&A, finance and private equity transactions expertise to new firm
Broadband India Forum ropes in Aruna Sundararajan as its chairperson
With the appointment of three independent directors, sources said, the formation of full board would be completed.