Banks can finance SPVs, registered under the Companies Act, set up for financing infrastructure projects on ensuring that these loans/investments are not used for financing the budget of State Governments.
In the current crisis, by contrast, it is the excessive public indebtedness of individual countries that is at the origin of market tensions – a problem that will have to be solved at a completely different level. 2. Five lessons to be learned from the global financial crisis    The global financial crisis shares several characteristics with past crisis episodes.