RBI restriction - funding revaluation reserve

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....BI restriction - funding revaluation reserve<br> Query (Issue) Started By: - Giri Shanmugam Dated:- 12-5-2008 Last Reply Date:- 21-5-2008 Banking - Finance<br>Got 1 Reply<br>Companies Law<br>Dear Coll....

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....eques We are in the process of valuing land. The land was bought for Rs 10 crores and the market valuation as of today is 140 crores.One of the conditions stipulated by bank for project finance is equ....

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....ity to debt. On valuation the difference of Rs 130 crores has to be credited to revalaution reserve which can not be treated as equity by the bank. How to overcome this? Is there restriction by Reserv....

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....e Bank of India on the banks in funding revalaution reserve. Please guide me. Reply By D Gupta: The Reply: I think the query requires a detailed and in depth examination before getting any answer to ....

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....the query.<br> Discussion Forum - Knowledge Sharing ....