RBI's Big Move: Banks Can Now Lend to REITs Directly!

The Reserve Bank of India has decided that banks can now lend directly to Real Estate Investment Trusts (REITs). This exciting move, announced by Governor Sanjay Malhotra, aims to boost financing options and support long-term growth in the real estate sector. By allowing banks to provide more stable capital, REITs can operate more efficiently, making it a win-win for everyone involved!