Hyderabad Metro Rail Phase-I takeover, Phase-II expansion hit roadblock as funding search drags on

SBI Caps, entrusted with identifying a financial institution willing to lend around ₹13,500 crore for the takeover, has reportedly been unable to finalise a deal despite approaching several agencies. Top officials familiar with the matter say no lender has so far shown willingness to provide the loan at low interest rates sought by the government