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Published 08:13 IST, May 8th 2024

Indian Banks Association appeals against RBI’s project finance proposal

RBI's proposal, announced on Friday, suggests that banks allocate 5% of the loan amount as a provision for projects in the construction phase.

Reported by: Business Desk
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Reserve Bank of India
Reserve Bank of India | Image: PTI
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08:13 IST, May 8th 2024