The Indian government is planning to set up ₹20,000 crore risk guarantee fund for infrastructure sector. This aims to boost investments by covering losses due to policy uncertainty among other non-commercial reasons. The National Credit Guarantee Trustee Company will manage fund, which is expected to increase credit flow into large projects and encourage lenders to take larger exposures.
short by
Ishita Ranganath /
09:50 pm on
13 Sep