Skip to main content

Banks will have to #39;abort#39; lending to infrastructure sector, power companies, warns SBI

Banks will have to #39;abort#39; lending to infrastructure sector, power companies, warns SBI The power sector loans are facing a slew of problems due to a changes in non-performing assets recognition after the February 12 RBI circular, which was upheld by the Allahabad High Court last week.

from Moneycontrol Business News https://ift.tt/2N2UNbg

Comments

Popular posts from this blog

German cabinet to hold secret session on Huawei#39;s role in 5G network: Report

Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei#39;s technology for spying, which the company denies. from Moneycontrol Business News http://bit.ly/2TyXzFb

Infosys partners Avaloq to strengthen wealth management capabilities via digital platforms

Infosys will be a strategic implementation partner for Avaloq#39;s wealth management suite of solutions to help clients modernize and transform their legacy systems into cutting-edge digital advisory platforms, a statement said. from Moneycontrol Business News https://ift.tt/2THaSpn