SPEED BREAKER

Financial Chronicle - - FRONT PAGE -

Not many pub­lic sec­tor banks are sup­port­ing road pro­jects. The NHAI is con­tin­u­ously urg­ing PSU banks to lend more to road pro­jects

As RBI has put al­most a dozen sta­te­owned banks un­der the PCA frame­work, re­strict­ing their abil­ity to lend, the high­ways sec­tor is fac­ing the heat

The num­ber of banks in­ter­ested in lend­ing has nearly halved com­pared to the build, op­er­ate and trans­fer (BOT) pro­jects ear­lier

Crisil last month low­ered its ex­e­cu­tion fore­cast in NHAI pro­jects for FY19 to 3,600-3,800 km from the ear­lier 4,300 km

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.