Sunday, May 26, 2024

BANKING

State-owned lenders plan to approach the government seeking changes to terms governing performance bank guarantees (PBGs), timely compensation from concessioning authorities, and greater immunity for board members sanctioning funds for infrastructure projects as they firm up their response to Reserve Bank of India (RBI) draft rules on project financing that call for higher provisioning.

from Banking/Finance-Industry-Economic Times https://ift.tt/5NSdp9H
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