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RBI ready to allow banks to lend directly to REITs to boost real-estate business news & more related News Here
The Reserve Bank of India plans to allow banks to lend directly to real estate investment trusts or REITs to unlock fresh funding for the real estate sector. REITs, or real estate investment trusts, own and operate office parks, malls and warehouses in India. (Reuters) Presenting the RBI’s monetary policy on Friday, RBI Governor Sanjay…