The Reserve Bank of India issued guidelines on Tuesday for investments by commercial banks in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), including setting limits on the overall investments.
The RBI said at a policy review earlier this month that it would allow banks to invest in REITs and InvITs.
Among the guidelines issued on Tuesday, the central bank said banks would not be allowed to invest more than 10% of the unit capital of a REIT or InvIT.
Like this report? Sign up for our daily newsletter to get our top reports.
Leave Your Comment
2 years ago
In an effort to further boost the investment environment in the country, Reserve Bank of India (RBI) issued a notification to grant automatic approval route...
1 year ago
The capital markets watchdog Securities and Exchange Board of India (SEBI) has decided to revamp the Infrastructure Investment Trusts (InvITs) regulations after receiving recommendations from...
3 years ago
The capital markets regulator Securities and Exchange Board of India (SEBI) has given its consent to set up real estate investment trusts (REITs) and Infrastructure...