Loans to PPP projects with MCA to be treated as secured: RBI

MUMBAI: The Reserve Bank on Monday said the debts of infrastructure projects implemented under PPP mode and having model concession agreements (MCA) will now be treated as secured lending. “It has been decided that in case of PPP projects, the debts due to the lenders may be considered as secured to the extent assured by… Read More Loans to PPP projects with MCA to be treated as secured: RBI

Commission for the Blind selects insider to lead troubled agency

The Oregon Commission for the Blind board voted Saturday to promote the embattled state agency’s second-in-command Dacia Johnson as new executive director. Johnson, the Portland-based agency’s director of rehabilitative services, will replace Linda Mock, who retired as of Jan. 30. Johnson will assume the top management job as the agency makes its biennial plea to… Read More Commission for the Blind selects insider to lead troubled agency