Regulator proposes tighter guidelines on infra fundingRBI draft guidelines pertaining to the prudential framework for financing projects in the infrastructure, non-infrastructure and commercial...
04 May, 2024, 09.25 AM IST
RBI issues draft guidelines on infrastructure financeRBI introduces rules to enhance infrastructure funding and risk management through project lending guidelines, covering aspects like consor...
03 May, 2024, 10.00 PM IST
Adani Power subsidiary enters into PPA with Reliance IndustriesThe company said the loan consolidation under a consortium financing arrangement comprising eight lenders became possible with the amalgama...
28 Mar, 2024, 12.00 PM IST
REC along with Bank of India to co-finance projects worth Rs 30,000 crore in next 5 yearsREC, a Maharatna company, provides long-term loans and other finance to the power sector. The firm, which has also diversified into areas l...
18 Oct, 2023, 05.43 PM IST
Suzlon signs Euro 850 mn loan pact with consortium of banks"Suzlon Group's German subsidiary Senvion SE signed an agreement for a loan of Euro 850 million with consortium of banks for a 3 year perio...
08 Apr, 2014, 02.02 PM IST
India to seal deal on maiden Afghan steel project todayIndia will hold talks with a SAIL-led consortium of steel and mining companies to ease their entry into Afghanistan for the first-ever deal.
30 May, 2013, 09.04 PM IST
- In consortium lending, banks should do own due diligence: Finance ministry
"Smaller banks have an element of complacency in a large consortium and should be part of the group only if they are comfortable," the mini...
18 Apr, 2013, 04.50 AM IST
RBI wants involvement of private banks in government's joint lending planUnder joint lending plan, PSU banks will lend in a consortium to borrowers seeking credit over Rs 150 crore by way of a term loan.
29 Nov, 2012, 06.03 AM IST
NPA for one bank to be NPA for rest too; rule to curb borrowing from one bank to repay anotherFailure to repay one bank could result in an account being classified as a bad loan by all banks, according to guidelines issued by the fin...
13 Jun, 2012, 12.49 PM IST
Form groups to lend over 150 crore: FinMin tells banksThe move is aimed at inducing stronger credit discipline among borrowers and preventing them from taking undue advantage of lenders.
10 Apr, 2012, 09.24 AM IST
- IIFCL teams up with 7 banks, promises 20% of funds
The financing mechanism would enable developers to fast-track the financial closure as the projects would be appraised jointly by consortiu...
11 Jan, 2012, 03.19 AM IST
- SBI-led consortium approves Rs1230cr debt financing:Jai Balaji
The company said it would arrange Rs 640 crore as equity and internal accruals toward the project and the rest by SBI-led consortium.
19 Jan, 2011, 07.23 PM IST
- GSPC raises Rs 3,000 crore term loan to fund DDW in KG basin
GSPC IPO is likely to be sometime later next year as it has tied up Rs 3,000 crore term loan through a consortium of 15 banks.
30 Nov, 2010, 02.07 PM IST
- Lanco Infra ties up Rs 5,500 cr for 1,320 MW thermal project
Lanco Infratech said on Thursday that it has arranged Rs 5,544 crore from a consortium of banks led by ICICI Bank for its 1,320 MW thermal ...
09 Sep, 2010, 04.35 PM IST
- Rel Power achieves financial closure of Krishnapatnam UMPP
Anil Ambani Group firm Reliance Power today said it has tied up finances for its Rs 17,500 crore ultra mega power project at Krishnapatnam ...
08 Jul, 2010, 11.53 AM IST
- IOC raises Rs 14,900 cr debt for Paradip project
Indian Oil Corporation said it has signed a loan agreement with a consortium of lenders led by State Bank of India to raise a term loan of ...
14 May, 2009, 06.03 PM IST
- Electrosteel achieves financial closure
Elecrostel Integrated Limited achieves financial closure for its Rs 4956-crore integrated steel project in Bokaro.
29 Jun, 2007, 09.45 PM IST