RBI sets new project finance norms for banks; stricter provisioning, clear rules on delays from Oct 1
In a move aimed at tightening the regulatory framework around project lending, the Reserve Bank of India (RBI) has issued fresh guidelines for banks financing infrastructure and commercial real estate (CRE) projects. These norms, which will come into effect from October 1, 2025, seek to bring uniformity in how banks handle delays and provisioning for…