Current Affairs · Banking Sector Regulations
Consider the following statements regarding RBI's Final Directions on Project Finance, 2025: 1. The Date of Commencement of Commercial Operations (DCCO) extension is capped at 2 years for infrastructure projects. 2. The standard asset provisioning for under-construction commercial real estate projects is set at 1.25%. 3. Projects with financial closure before the new directions will follow existing norms. 4. Provisioning during the operational phase for non-CRE project exposures is fixed at 1%. Which one of the following options is correct?
- 1Only 1 and 2
- 2Only 2 and 3✓
- 3Only 2, 3 and 4
- 4Only 1, 3 and 4
Correct answer
Only 2 and 3
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