Months before Lok Sabha poll, Lord Ram looms large in Uttar Pradesh's ₹7.36-lakh-crore budget thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The upcoming international airport in Jewar, near Delhi, got a provisional outlay of Rs 1,150 crore in this Budget, which was presented by state Finance Minister Suresh Khanna in the Assembly.
It is being developed at a cost of over ₹35.19 crore and for which ₹65.52 lakh has already been sanctioned by the state government in the first phase, said an official in the know of things
State Bank of India (SBI) is reportedly in advanced discussions to downsell half of its approximately ₹11,000-crore loan exposure to the Adani Group s Ganga Expressway project. SBI is engaging with institutions like the National Bank for Financing Infrastructure and Development (NaBFID), Punjab National Bank (PNB), and power finance companies for the downselling. The move follows the standard practice in infrastructure financing, allowing banks to diversify risk by selling portions of large loan exposures. At least four lenders have shown interest in acquiring the debt from SBI.
SBI Down Selling Ganga Expressway: State Bank of India (SBI) is reportedly in advanced discussions to downsell half of its approximately INR 11,000 crore loan exposure to the Adani Group s Ganga Expressway project. SBI is engaging with institutions like the National Bank for Financing Infrastructure and Development (NaBFID), Punjab National Bank (PNB), and power finance companies for the downselling. The move follows the standard practice in infrastructure financing, allowing banks to diversify risk by selling portions of large loan exposures. At least four lenders have shown interest in acquiring the debt from SBI.