RBI gives infrastructure lending status to host of sub-sectors
The revised definition would be effective immediately, RBI said.
The exposure of banks to projects under sub-sectors which were included under the previous definition of infrastructure, but not included under the revised definition, will continue to get the benefits under infrastructure lending for such exposures till the completion of the projects, it added.
"However, any fresh lending to those sub-sectors from the date of this circular will not qualify as infrastructure lending," RBI said.
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