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Infra stocks up; RBI ponders flexibility on distressed loans

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Reuters

Reuters Market Eye - GMR Infrastructure gains 1.2 pct, GVK Power & Infrastructure up 2.4 pct.

India could give banks more flexibility to restructure distressed loans in a bid to steer funding towards cash-strapped infrastructure projects, RBI governor said on Tuesday.

(Reporting by Abhishek Vishnoi)

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First Published: Nov 26 2014 | 10:56 AM IST

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