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Review 'stringent' infra lending rules: Govt tells RBI

In a letter to Raghuram Rajan, banking secretary, GS Sandhu, has asked the RBI to delink the extent of a project cost over-run with the restructuring of a loan as it feels this provision is counterproductive when it comes to reviving stalked projects.

first published: Nov 3, 2014 05:10 pm

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