'No need to panic on draft infra guidelines'
Business Standard|May 11, 2024
The draft guidelines of the Reserve Bank of India (RBI) on infrastructure financing will not pose a challenge to the banking sector, Managing Director and Chief Executive Officer of Punjab National Bank (PNB) ATUL KUMAR GOEL, said in a virtual interview with Harsh Kumar. Goel spoke on the public sector lender's latest quarterly results and its expansion plans. Edited excerpts:
'No need to panic on draft infra guidelines'

Goel spoke on the public sector lender's latest quarterly results and its expansion plans. Edited excerpts:

What are your views on RBI's infrastructure financing draft guidelines? 

As far as the business impact is concerned, I do not see any challenge. It is a draft guideline and we should wait for the final version. RBI issued these guidelines as consultative advice from stakeholders, including banks and promoters. From the regulator's point of view, it aims to address the risk perception, usher in discipline to project financing, and ensure timely project completion.

هذه القصة مأخوذة من طبعة May 11, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 11, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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