Loosened lending rules stoke optimism for fledgling InvIT market

By Aman Malik

  • 18 Oct 2019
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Credit: 123RF.com

Previously, banks were allowed to lend money to infrastructure investment trusts or InvITs at the level of the special purpose vehicle (SPV) and not at the level of the trust. However, the central bank had reportedly advised banks against any lending to the segment altogether with the lenders already battling ......

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