India Central Bank Set to Allow Banks to Lend to REITs

The Reserve Bank of India plans to permit banks to lend directly to real estate investment trusts, or REITs, a move that could unlock fresh funding for property assets and...

By Siddhi Nayak, Ranjani Raghavan · Bloomberg Markets

The Reserve Bank of India plans to permit banks to lend directly to real estate investment trusts, or REITs, a move that could unlock fresh funding for property assets and boost the sector’s growth.