LIC Housing Finance refers 15 stuck infra projects to AIF

In November last year, the government announced the setting up of a Rs 25,000-crore AIF to provide relief to developers to complete unfinished projects. This was necessitated after several housing projects were left unfinished due to the unfavourable growth environment and a funds squeeze. Mohanty said that growth is finally reviving.

from Markets-Economic Times https://ift.tt/2uLWDGn