Refinance

RBI permits flexible refinancing of existing infra projects

The RBI has allowed banks to refinance existing long-gestation projects in the infrastructure segment under flexible conditions, including that of core sector projects, to offer more flexibility to fund such projects.

RBI to come out with guidelines on refinance

Reserve Bank of India Deputy Governor S.S. Mundra said banks may demand higher equity from companies that are highly leveraged before offering fresh loans to such firms.

Reliance Jio to raise $1.5 bn to refinance loans

In September, Reliance Jio had said it had raised a $750 million loan from Korea Exim Bank to finance the purchase of telecoms infrastructure from Samsung Electronics.<br />