Review compliance on govt housing, infra project financing: RBI to banks | Economic Times

Review compliance on govt housing, infra project financing: RBI to banks https://ift.tt/N0T5e2M a circular, the RBI said it has come across instances where banks have not been strictly complying with extant instructions on assessment of commercial viability, ascertainment of revenue streams for debt servicing obligations and monitoring of end use of funds in respect of their financing of infrastructure/ housing projects of government-owned entities.