Refinancing Norms

Adani Green to disclose refinancing plan after fiscal year ends: Report

One of its subsidiaries, Adani Green Energy Limited Restricted Group, will refinance existing bonds through a 15-year amortizing private placement, the executive said, according to the sources

RE firms may use rupee loans to refinance $3 bn overseas green bonds

Costly overseas funds forcing them to tap domestic sources

Adani Green announces raising JPY denominated facility to refinance debt

Facility supported by MUFG Bank and Sumitomo Mitsui Banking Corporation with equal participation

Adani group to refinance ACC, Ambuja Cement debt of $3.5 billion

Adani currently holds 63.15 per cent stake in Ambuja Cement and 56.69 per cent in ACC

Municipal corps should explore land-based models to raise funds: RBI

In a first ever comprehensive analysis of Municipal finances, it said MCs need to adopt sound and transparent accounting practices with proper monitoring

Rates for construction finance rise; LRD down as banks turn averse to lend

Construction finance rates have risen to 12.9 per cent in Q1 of the calender year 2020 from 11.9 per cent last year

Nabard to review fundings of Regional Rural Banks, co-op banks on April 20

To tap RBI refinance window for funding to RRBs etc

Infra projects: RBI eases refinancing norms for NBFCs

To encourage infrastructure financing, RBI today eased norms for NBFCs to refinance such projects and provide longer repayment tenures. "NBFCs may refinance any existing infrastructure and other project loans by way of take-out financing, without a pre-determined agreement with other lenders, and fix a longer repayment period, the same would not be considered as restructuring if... Such loans should be 'standard' in the books of the existing lenders and should have not been restructured in the past," RBI said in a notification. Another condition is that such loans should be substantially taken over from the existing financing lenders. Also, the repayment period should be fixed by taking into account the life cycle of the project and cash flows from the project. In cases where the aggregate exposure of all institutional lenders is minimum Rs 1,000 crore, the refinancing by NBFCs will not be considered as restructuring in the books of the existing as well as taking over lenders if ...