THE SENIOR ANALYST
played an increasingly important role in aiding
the government meet the investment
requirements. Most of these funds have come
through Scheduled Commercial Banks (SCBs).
Though banks have had to meet most of the
financing needs of infrastructure sector but they
are typically not designed to do the same. The
long term loans needed by infrastructure projects
have been financed by short-term deposits
leading to asset liability mismatch for banks in
many cases. Going forward, banks alone will not
be able to meet the massive requirements of this
sector. Hence, new avenues to raise finance are
the need of the hour. Public private partnerships
have been successful in many cases but serious
shortcomings are present on that front too. The
investment through private sector can only
increase from here, wi Ѡ