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Banks to be allowed to lend directly to REITs, RBI proposes easing norms t
Updated : 2 months, 2 weeks ago IST
The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said that banks will be allowed to lend directly to Real Estate Investment Trusts (REITs), as the central bank moves to improve financing access for the real estate sector.
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RBI proposal of higher provisioning for under-construction projects will h
Updated : 2 years ago IST
The Reserve Bank of India's (RBI) proposal to set aside 5 per cent of the loan for construction projects, which is significantly higher than the 0.4% that it used to be earlier, has raised the concerns of the builders. The proposal, however, also provisioned it to be lowered to 2.5% when the
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