Hyderabad Metro's future is set for a new direction as the Centre and Telangana government have agreed to appoint SBI Capital Markets. This move aims to evaluate the takeover of Phase-I assets and assess financing for the planned Phase-II expansion. The decision follows high-level discussions, signaling a collaborative approach to boost the city's metro network.

Metro funding discussions for Hyderabad's Phase-I and II referred to Urban Development Ministry after inconclusive talks in Delhi.

SBI Caps appointed consultant for Hyderabad Metro's Phase I valuation and Phase II expansion study, aiding future development plans.

SBI may finance Hyderabad Metro projects at 2% interest, easing political tensions and enabling crucial infrastructure development.

Hyderabad Metro's future is set for a new direction as the Centre and Telangana government have agreed to appoint SBI Capital Markets. This move aims to evaluate the takeover of…