India: Reserve Bank of India and infrastructure financing
Report on encouragement for India banks to lend to infrastructure projects.
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Details of encouragement for banks to lend to infrastructure by issuing long term bonds with minimum regulatory pre-emptions such as Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR) and Priority Sector Lending (PSL) targets. This move is positive for UK banks and likely to encourage greater exposure to infrastructure.