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Banks for status quo on project finance provisioning norms

Banks for status quo on project finance provisioning norms
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Industry Development Council , Indian Bank Association , Kotak Bank , Reserve Bank , Finance Industry Development Council ,

Blanket 5% infra provisions to hurt both lenders and project viability: Banks to RBI

Bankers have said the norms be subsumed within new provisioning rules that will require lenders to pre-empt assessment on potential losses. “RBI is also in the process of finalising the expected credit loss (ECL) based provisioning guidelines,” said a senior bank executive. "So, there is a suggestion that these infrastructure norms be subsumed into those.” ....

Industry Development Council , Power Finance Corp , Indian Bank Association , Rural Electrification Corp , Mint Road , Reserve Bank , Finance Industry Development Council , Large Credit ,

RBI should review plan to raise provisions against infra loans: FIDC

RBI should review plan to raise provisions against infra loans: FIDC
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Pension Panel , Industry Development Council , Finance Industry Development Council , Reserve Bank , Careedge Ratings , Central Repository , Large Credit ,

Allow NBFCs to access UPI payments platform: FIDC urges Finmin

FIDC suggests allowing NBFCs in UPI network for 'Credit on UPI', boosting competition, improving services, and reducing costs. ....

Vivek Joshi , Ministry Department Of Financial Services , Industry Development Council , Finance Industry Development Council , Unified Payment Interface , Finance Ministry , Financial Services , Upper Layer , Reserve Bank ,

Clarification likely on GST on NBFC co-lending

Clarification likely on GST on NBFC co-lending
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New Delhi , Vivek Joshi , Microfinance Institutions Network , Industry Development Council , Department Of Financial Services , Financial Services , Finance Industry Development Council , Directorate General ,