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linkhttp://www.moneycontrol.com calendar_today26-08-2009 07:55:29

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a year ago

RBI’s draft norms on project financing triggered a sharp reaction in PSU banking shares and NBFCs like PFC & REC. If implemented, could these rules lead to scaling back of project finance credit and dampen recovery in capex cycle? Here is a view from Nirav Karkera of Fisdom.