RBI should be flexible for WLTF banks to succeed: Bankers

If the earlier mode continues, it would be continuation of the old development finance institution

Anup Roy  |  Mumbai 

The Reserve Bank of India’s proposal to introduce wholesale and long-term finance (WLTF) banks can be a reality if the central bank and the government show flexibility on how these entities would manage their resources.   If the earlier mode continues, where funds are raised at a fixed rate, to finance projects at a flexible rate, it would be nothing but a continuation of the old development finance institution (DFI) model that died a natural death, say experts.   The Indian financial system has for long had a clear demarcation between banks and long-term ...

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RBI should be flexible for WLTF banks to succeed: Bankers

If the earlier mode continues, it would be continuation of the old development finance institution

If the earlier mode continues, it would be continuation of the old development finance institution The Reserve Bank of India’s proposal to introduce wholesale and long-term finance (WLTF) banks can be a reality if the central bank and the government show flexibility on how these entities would manage their resources.   If the earlier mode continues, where funds are raised at a fixed rate, to finance projects at a flexible rate, it would be nothing but a continuation of the old development finance institution (DFI) model that died a natural death, say experts.   The Indian financial system has for long had a clear demarcation between banks and long-term ... image
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