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PSBs seek changes to rules for Infra loans, may approach govt

State-owned lenders plan to approach the government seeking changes to terms governing performance bank guarantees (PBGs), timely compensation from concessioning authorities, and greater immunity for board members sanctioning funds for infrastructure projects as they firm up their response to Reserve Bank of India (RBI) draft rules on project financing that call for higher provisioning. ....

Thornton Bharat , Vivek Iyer , Development Na , National Bank , Reserve Bank , Seek Changes , Infra Loans , Approach Govt , Grant Thornton , Careedge Ratings , Financing Infrastructure ,

U.S. Cases Slow; South Korea Buying More Doses: Virus Update


U.S. Cases Slow; South Korea Buying More Doses: Virus Update
Bloomberg News, Bloomberg News
Health care workers prepare to prone a patient in the Covid-19 Intensive Care Unit (ICU) overflow area at Providence Holy Cross Medical Center in Mission Hills, California, U.S., on Friday, Feb. 5, 2021. California’s 14-day positive test rate dropped to 6.6%, down from 12.7% a month ago and the lowest since Nov. 30. Photographer: Ariana Drehsler/Bloomberg
, Bloomberg
(Bloomberg) The U.S. recorded the lowest daily number of new coronavirus infections since Oct. 25, before a holiday season surge sent case numbers soaring. The New York City subway system, meanwhile, is getting closer to resuming its 24-hour service on Feb. 22. ....

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