India’s infrastructure stocks up; cbank ponders flexibility on distressed loans

GMR Infrastructure gains 1.2 pct, GVK Power & Infrastructure up 2.4 pct.

Written by Reuters

Updated: November 26, 2014 11:07 IST

GMR Infrastructure gains 1.2 pct, GVK Power & Infrastructure up 2.4 pct.

India could give banks more flexibility to restructure distressed loans in a bid to steer funding towards cash-strapped infrastructure projects, RBI governor said on Tuesday.

TOPICSGMR Infrastructure

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This article was first uploaded on November twenty-six, twenty fourteen, at five minutes past eleven in the morning.

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