Banks interested in funding Amrapali’s stalled projects, says NBCC
Days after SBICAP Ventures Ltd, which is managing the government's Rs 25,000-crore special window fund to revive stalled housing projects signed an MoU with Court Receiver for infusing Rs 650 crore in six projects, the monitoring Committee appointed by the Supreme Court held a meeting with nationalised and private banks to discuss the financing for Amrapali Projects on Monday.
HDFC Bank receives Rs 30,000 crore prepayments amid signs of economic recovery and deliveragingHDFC Bank, India’s most valuable lender, did not reply to ET's queries on the subject. Industry sources didn’t reveal the names of individual corporate borrowers prepaying their loans to HDFC Bank.
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