With banks saddled with huge non-performing assets in the infrastructure lending space, they may have to cancel their financing to the sector, said a top banker.
Given the burden of non-performing assets in the infrastructure space, banks saw a year-on-year growth of only 2.2 per cent at ₹9,07,700 crore in outstanding loans to the sector as of July 21, 2018.
The infrastructure segment comprises transport, energy, water and sanitation, communication, and social and commercial infrastructure. Read more
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