Exploring the RBI's plan to increase provisions for big project loans causing unease among banks with potential repercussions on profits, interest rates, and borrower sentiment. Emphasizing the importance of managing provisions to prevent a recurrence of past infrastructure lending issues.
In today’s episode for 10th May 2024, we tell you about the RBI’s (Reserve Bank of India’s) new rules for big infrastructure loans and why it has put banks and NBFCs (Non Banking Financial Companies) in a spot of bother.