Having conceded that, I would argue that Asset-Liability mismatch has not, in any way, been a constraint in financing of infrastructure projects thus far and the stress in the infrastructure portfolio in banks has been on account of other factors. Let me put across some points. Banks are in the business of maturity and risk transformation.
Almost all banks rely exclusively on retail deposits to fund their advances portfolio. The individual retail deposits may not have an average tenor of more than one year, whereas most of the big advances of the banks are long tenor, in the range of 8–10 years.