RBI’s provisioning hike proposal ‘can dampen infra mission lending’

Bidding urge for food from infrastructure builders within the medium time period might dampen as RBI has proposed a pointy improve in lenders’ provisioning for normal belongings from 0.4 per cent to five per cent for all contemporary and present mission loans underneath development, thereby instantly impacting their value of debt, cautioned CareEdge Rankings. Referring … Read more