The Reserve Bank of India’s relaxation of project financing norms is expected to have a negligible impact on banks and NBFCs’ profitability, according to Motilal Oswal. The final guidelines, effective October 1, significantly reduce provisioning requirements, enhancing project financing while maintaining financial prudence. Feedback from 70 entities influenced these updated regulations, aiming for a balanced approach in project finance.
RBIs project financing norms will have negligible impact on banks, NBFCs: Report
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