Sponsored
    Follow Us:
Sponsored

RBI/2016-17/168
DBR.BP.BC.No.42/08.12.014/2016-17

December 1, 2016

All Scheduled Commercial Banks
(Excluding RRBs)
All India Term-Lending and Refinancing Institutions
(Exim Bank, NABARD, NHB and SIDBI)

Madam/Dear Sir,

Financing of Infrastructure – ‘Definition of ‘Infrastructure Lending’

Please refer to our circular DBOD.BP.BC.No.66/08.12.014/2013-14 November 25, 2013 on ‘Definition of Infrastructure Lending’ harmonising the RBI definition of Infrastructure Lending with that of the ‘Master List of Infrastructure sub-sectors’ notified by the Government of India on October 7, 2013.

2. The Government of India has further updated the Harmonised Master List of Infrastructure sub-sectors vide Gazette Notifications dated October 13, 2014, April 8, 2016 and August 1, 2016. In this regard it is advised that for the purpose of definition of ‘Infrastructure Lending’, banks and select All India Term-Lending and Refinancing Institutions may henceforth be guided by the Gazette Notifications issued by the Department of Economic Affairs, Ministry of Finance, Government of India, from time to time.

Yours faithfully,

(S. S. Barik)
Chief General Manager-in-Charge

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728