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.
Mark Mobius, pioneer of emerging markets investing, dies at 89
Mark Mobius, a pioneer of emerging markets investing, has died at 89. Known for decades at Franklin Templeton Investments, he championed opportunities across developing economies,
April 15, 2026