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Infrastructure | November 11, 2014
#46797

Highways ministry likely to ask banks for increase in lending for infrastructure projects

As the highway projects have fallen out of favour with the developers and the lenders, the highways ministry has called for a meeting with all the top banks in the country at the end of November to discuss ways to increase lending to infrastructure projects mainly the development of roads and highways. The government is likely to ask both private and state run banks to increase the lending and provide easy access to finance for infrastructure projects.

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