infrastructure sector in india
In a recently-issued statement, RV Verma – the officiating Chairman of pension regulator PFRDA – said that requisite steps will soon be taken by PFRDA to increase the flow of funds into the infrastructure sector. According to the details shared by Verma, PFRDA – Pension Fund Regulatory and Development Authority – is presently working on [...] Continue Reading »
Indian companies can access funds from abroad through External Commercial Borrowings (ECB) of different kinds. In general, ECB pertains to commercial loans in the form of bank loans, buyers’ credit, suppliers’ credit, securitized instruments (like floating rate notes and fixed rate bonds, non-convertible, optionally convertible or partially convertible preference shares) obtained from non-resident lenders with [...] Continue Reading »
It is seen that companies involved in road construction bid in an aggressive manner to win big contracts cause great financial loss to banks. Thus banks have decided to be very easy while providing loans. Due to the delay in financial closure, around 15 National Highways Authority of India (NHAI) are put on hold. This has created a point [...] Continue Reading »
