RBI Proposes Loan Facility for REITs to Boost Real Estate Sector
Mumbai, February 6: The Reserve Bank of India (RBI) Governor Sanjay Malhotra announced on Friday that the central bank has proposed to allow commercial banks to extend loans to Real Estate Investment Trusts (REITs), contingent upon prudent safety measures. Malhotra stated that this initiative is being undertaken due to the establishment of a robust regulatory […]
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