Banks urge RBI to separate pvt, public infra projects in financing norms

Commercial banks have urged the Reserve Bank of India (RBI) to differentiate between private and public sector projects, citing the latter’s implicit sovereign support that addresses any cost overruns. In response to the RBI’s draft infrastructure financing guidelines, banks have also recommended that the guidelines be implemented only prospectively, according to four officials confirmed to Business Standard.

News Source:- https://www.business-standard.com/industry/banking/banks-urge-rbi-to-separate-pvt-public-infra-projects-in-financing-norms-124062001150_1.html