Stay updated with breaking news from Project Loans. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.
RBI introduces rules to enhance infrastructure funding and risk management through project lending guidelines, covering aspects like consortium lending, moratorium limits, and NPV requirements for lenders. The RBI also proposed that the original or revised repayment tenor, including the moratorium period, if any, should not exceed 85% of the economic life of the project.
The World Bank on Thursday said it approved new initiatives to allow member countries hit by natural disasters and other shocks to quickly access emergency funds from their existing loan programs to help them respond to an increasingly crisis-prone world. The enhancements to the bank's Crisis Preparedness and Response Toolkit would allow countries to immediately receive up to 10% of undisbursed funds from an existing project loan or other facility for emergency response. World Bank Managing Director for Operations Anna Bjerde told Reuters that a country with $3 billion undisbursed from ...
India Business News: The Reserve Bank of India (RBI) has released a report calling for new restrictions on guarantees provided by state governments for project loans, and
LIC Housing Finance shares plunged to 2.88 per cent to close at Rs 388.30 apiece on the Bombay Stock Exchange (BSE) prior to the results on Monday, , lic housing finance ltd, net profit, latest updates