Sanjiv Bajaj bats for debt mkt funding in long-term projects
Business Standard|September 03, 2024
Banks are ill-suited to lend for long-term projects and their funding should ideally come from the debt market through insurance and pension money, said Sanjiv Bajaj, managing director, Bajaj Finserv on Monday.
SUBRATA PANDA
Sanjiv Bajaj bats for debt mkt funding in long-term projects

Speaking at a CII event in Mumbai, Bajaj said, "There is no reason why banks should be lending for long term projects. They are actually ill suited as there is a mismatch between assets and liabilities. This has to come from the debt market through insurance and pension money."

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