RBI Finalizes Project Finance Norms: Banks to Maintain 1–1.25% Provisioning During Construction Phase from October 1
The Reserve Bank of India (RBI) has released its final guidelines on project finance provisioning, significantly easing earlier proposals and offering relief to banks and NBFCs. Effective October 1, 2025, lenders must maintain a general provision of 1.25% for under-construction commercial real estate (CRE) projects and 1% for CRE-residential housing (CRE-RH) and other project loans…
