Finance
Sock JohnsonRBI Unleashes Power: Banks Can Now Fund REITs Directly!
Listen up, folks! The RBI just rocked our world by letting banks lend directly to those Real Estate Investment Trusts, or REITs! RBI Governor Sanjay Malhotra announced this game-changing move, giving REITs the cash they need to dominate the real estate arena. Investors can now cash in without buying property. Get ready for a financing revolution that’s as electrifying as a championship match!
few days ago | Amit Kumar
Quick rundown
1.RBI proposes banks to lend directly to REITs.
2.This move is a landmark step for real estate financing.
3.REITs allow investors to earn rental income without buying property.
4.India has five listed REITs benefiting from this proposal.
5.RBI also plans to deepen the corporate bond market.
