Monday, December 28, 1998
FIs not to fund core projects with open forex positions
Financial institutions (FIs) have decided to move away from funding infrastructure projects with unhedged forex-loan components.
Maharashtra seeks Rs 1,800cr World Bank loan for highways
The Maharashtra public works department has sought a long-term loan of Rs 1,800 crore from the World Bank to beef up 1,400 km of highways all over the state.
Prepare game plan and get down to business, Rangarajan urges banks
Andhra Pradesh governor and former Reserve Bank governor Dr C Rangarajan feels that the second round of financial sector reforms will be an evolutionary phase for Indian banks.
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