PFC will fund around 67-76% of the project tentatively, the state-owned company said on Wednesday. “PFC’s financial support in the form of term loan is tentatively proposed to range from ₹80,000 crore to ₹90,000 crore, demonstrating a substantial commitment to the realisation of these vital projects,” it said.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,