Question
In projects financed under consortium arrangements,
where the aggregate exposure of the participant lenders to the project is upto Rs.1,500 crores, no individual lender shall have an exposure which is less than _____ of the aggregate exposure.ÂSolution
As per RBI issued draft prudential guidelines for Advances - Projects Under Implementation, Directions, 2024 in May 2024, in projects financed under consortium arrangements: ·        Where the aggregate exposure of the participant lenders to the project is upto ₹1,500 crores, no individual lender shall have an exposure which is less than 10% of the aggregate exposure . ·        For projects where aggregate exposure of lenders is more than ₹1,500 crores, this individual exposure floor shall be 5% or ₹150 crores, whichever is higher.
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FRUGAL
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expound
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... Chattel
Apostate