Project Financing

On January 29, Moneycontrol reported that India’s banks, both state-owned and private, have requested the Reserve Bank of India (RBI) to defer the implementation of liquidity coverage ratio (LCR) norms to the later part of the next financial year, 2025-26.

PFC, REC stocks gain up to 2% on report FinMin may allow relief from RBI's tighter lending norms

PFC and REC stocks swung into green on June 24, on reports that the Ministry of Finance may propose easier project financing norms.

NBFC body to soon write to RBI on new draft project financing norms

On May 3, the central bank proposed to lenders that they set aside higher provisions for under-construction infrastructure projects and asked them to ensure strict monitoring of any emerging stress.

Examining RBI's draft on project financing, see no impact on profitability, says Power Finance Corp

PFC added that they have not seen major defaults from state Discoms, and the company is not facing any issue regarding realisation of dues.

Discipline in project finance is needed, but in moderation

Past episodes of bad loans to projects may be behind the RBI’s proposal for a high provisioning requirement. But too much of the bitter medicine may harm the patient 

SBI, PNB, HDFC Bank stocks fall up to 9% in 3 days on RBI's draft project finance norms

Analysts at Macquarie said that the project finance heads view RBI's proposed norms to be 'onerous' and, if implemented, they can dampen recovery in project finance or capex cycle

Plan to raise Rs 7000-8000cr in Q4: LIC Housing Fin

In order to meet its lending needs, LIC Housing Finance plans to raise close to Rs 7000-8000 crore in the last quarter of this fiscal.