Budget 2014: Biz honchos react : Infrastructure funding good for long term lending
   
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Budget 2014: Biz honchos react  

Infrastructure funding good for long term lending
Deepak Parekh,
Chairman, HDFC




With the government announcing a slew of of steps to fast-track projects mostly in public-private-partnerships and asserting that lack of infrastructure will not be allowed to hit growth, Deepak Parekh, Chairman, HDFC said it was a good move.

"Infrastructure funding had become a bad word for banks. Banks were not willing to fund. With this move, an out of the box thinking will enable long term lending for infrastructure sector," the banker said.
 
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