“Banks should be allowed to raise tax-free infra bonds to channelise more resources to the growth of the sector. Not only investors will benefit but banks will also be able to raise funds at a lower cost and lend at a competitive rate to infra projects. So it is a win-win situation for all. This will also help banks to address asset liability mismatch problem arising from long-term project finance”
MD Mallya
CMD, Bank of Baroda
