https://www.taxtmi.com/news?id=4455 The Reserve Bank harmonised the definition of infrastructure loan for NBFCs with the Government's Master List by replacing paragraph 2(1)(viii) in the Prudential Norms Directions; the revised definition lists five categories (Transport, Energy, Water & Sanitation, Communication, Social and Commercial Infrastructure) and their constituent sub-sectors. Existing exposures that qualified under the prior definition but are excluded under the revised list remain eligible until project completion, while fresh lending to omitted sub-sectors after the circular's date will not qualify as infrastructure lending. en-us Sat, 29 Dec 2012 10:58:33 +0530 Sat, 29 Dec 2012 10:58:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4455 The Reserve Bank harmonised the definition of infrastructure loan for NBFCs with the Government's Master List by replacing paragraph 2(1)(viii) in the Prudential Norms Directions; the revised definition lists five categories (Transport, Energy, Water & Sanitation, Communication, Social and Commercial Infrastructure) and their constituent sub-sectors. Existing exposures that qualified under the prior definition but are excluded under the revised list remain eligible until project completion, while fresh lending to omitted sub-sectors after the circular's date will not qualify as infrastructure lending. News - Sat, 29 Dec 2012 10:58:33 +0530 https://www.taxtmi.com/news?id=4455