The Reserve Bank of India has significantly reduced mandatory provision requirements for commercial real estate and infrastructure projects, offering relief to lenders. These revised guidelines, effective October 1, aim to sustain the flow of funds, particularly to infrastructure projects. The reduced provisions apply to both under-construction and operational projects, excluding existing ones, thereby limiting the impact on lenders’ capital costs.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an