ICICI Bank, SBI, L&T may gain from RBI infra lending boost
RBI eased provisioning norms for new infra and real estate loans to 1-1.25%, down from 5%. Investment Adviser Cashvisory says this could benefit ICICI Bank, SBI, BoB, and L&T by boosting credit flow. While near-term profit impact is limited, asset quality risks may rise if banks fund riskier projects, it warned.