SBI likely to step in for Metro projects’ finance at a very low interest rate (opens original article in a new tab)

The Centre is expected to facilitate low-interest financing for Hyderabad Metro projects through SBI, reducing the state government's interest burden from 9% to 2%.

• SBI likely to provide low-interest financing for Hyderabad Metro projects
• Centre's involvement reduces interest burden from 9% to 2%
• IRFC's role in funding the project is eliminated