Tuesday, September 16, 2014

Infra Loans – Takeout Financing for Restructure

RBI Circular DBOD.BP.BC.No.24/21.04.132/ 2014-15 dated 15/7/2014 on ‘Flexible Structuring
of Long Term Project Loans to Infrastructure and Core Industries’ enables banks to flexibly structure new long term project loans to infra- structure and core industries by takeout financing over life of the project. The conditions have been further relaxed for exposure above ` 1,000 Cr.

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