Categories: Business

Monetisation of assets helps NHAI pare debt

The National Highways Authority of India has prepaid over Rs 1.2 lakh crore in loans. This accelerated asset monetisation has reduced its overall debt significantly. The authority has not borrowed directly from the market since 2022. Asset monetisation hit a record high of Rs 41,079 crore in the last fiscal year. NHAI aims to raise Rs 30,000 crore from monetising projects this year.

The News Vista

Share
Published by
The News Vista

Recent Posts

Georgia developer’s 30% profit claim fails as court finds no partnership

The business collaboration between Bruce Mortimer and Jeff White culminated in a legal clash centered…

2 hours ago

‘125 cases a day’: Ex-Delhi HC judge reveals what happens inside courts

Justice Poonam A Bamba sheds light on the intricate dynamics of the judicial system. She…

2 hours ago

Binance replenishes 90% of stolen crypto, says it will absorb financial losses

In a commendable move, Binance has restored 90 percent of the cryptocurrency assets lost due…

2 hours ago