Banks want arbitration restored for infra disputes above ₹10 crore

Banks want arbitration back for big infrastructure disputes. They fear new rules will slow down payments and hurt sector funding. The government removed arbitration for projects over ₹10 crore. This change aims for faster settlements through mediation. However, banks worry about long court battles and delayed recoveries. The move impacts various road project types.

Raccontata daeconomictimes.indiatimes.com