<h1>RBI Updates Rules: PPP Infrastructure Loans Now Secured if Meeting Specific Criteria, Boosting Road and Power Projects.</h1> The Reserve Bank of India has revised regulations to classify bank loans for Public Private Partnership (PPP) infrastructure projects as secured lending. This change applies when project debts are supported by model concession agreements and meet specific conditions, such as maintaining user charges in an escrow account with priority for senior lenders, ensuring risk mitigation, and granting lenders substitution rights in case of concessionaire default. The Project Authority must also buy out and repay debts upon project termination. This adjustment aims to enhance infrastructure financing, particularly benefiting road and power sector projects, by making them more appealing and less risky for banks.