Fundublog Loans - Everything one needs to know

Summary: The terms of recovery of business loans for infrastructure development purpose have been relaxed by Reserve Bank of India. Now, the the time frame for declaring the project as a sub-standard asset has been reduced to six months.

Infrastructure and the growth of business go hand in hand. Sound infrastructure catalyses growth while lack of infrastructure blocks its road. The disparity in the availability of adequate infrastructure is quite high in India. While states like Punjab, Haryana, Gujurat and Andhra Pradesh are earning rich dividends due to high class infrastructure, states like Orissa, Bihar and Madhya Pradesh are at the bottom of the ladder for the reverse reason. Read more
Courtesy: www.bestsyndication.com

Tags: No Comments