The stock of power Finance Corporation surgged 4.92 per cent, Hudco Sored 4.72 per cent, Indian renewable energy development agency jumped 4.03 per cent, Rec Ralliad 2.96 per cent and indian railway number Corporation Climbed 1.47 per cent on the bse.
“The rally was broad-based, with all sectorral indices ending in the green, LED by Financials after the RBI Eased Provisioning Norms for Project … Effective October 2025. This is a particularly positive for evil Financiers like PFC and Rec, Due to their Large Exposure to Power Sector Projects, “Siddhartha Khemka, Head – Research, Wealth Management, Wealth Management, Motilal Financial Services Ltd, SAID.
The reserve bank of India directs, 2025 lay down the revised Regulatory treatment upon change in the ‘date of commercial operations’ of such projects in the back projects in the back projects and Analysis of the Risks Inhant in Such Financing.
The RBI said the directions entail the adoption of a Principle-Based regime for Resolution of Stress in Project Finance Exposures, Harmonized Across Regulated Entities.
“In under-contestation projects where the aggregate expenses of the lenders is up to 1,500 Crore, no individual lender shall have an exposure which is less than 10 per cent of the aggregate exposure, “The RBI said.
For projects where Aggregate Exposure of all lenders is more than 1,500 Crore, the exposure floor for an individual lender shall be 5 per cent or 150 Crore, whichever is higher.
Further, a lender shall ensure that all applicable Approvals/Clearances for implementing/Constructing the project are obtailed before financial closure.
The reserve bank of India directions, 2025 shall come into force with effect from October 1, 2025, The Central Bank Said.
“Final Guidelines on Project Finance Comes as a Relief to the Lenders …” Am Karthik, Senior Vice President & Co-Group Head, Financial Sector Ratings, ICRA LTD, Said on the RBI Guidelines On the RBI Guidelines On the Ribi Guidelines Loans.
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