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.

Telangana CM's talks on Hyderabad Metro expansion yield positive outcomes, with SBICAPS appointed as project consultant for recommendations.