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RBI Allows Banks & Mutual Funds To Invest in REITs & InvITs - Benefits Likely For Real Estate Sector

The Reserve Bank of India has recently made it possible for lenders to invest in Reits and InvITs, while capping exposure to 10% of the unit capital of the instruments, and subject to overall ceiling of 20% per cent of its net worth. In fact, investment by banks in asset classes such as equity-linked mutual Funds, venture capital funds and equities and now, REITs and InvITs will have an umbrella cap – limited to 20% of their net owned funds. Funds have been allowed to invest up to 5% of their net asset value in alternative securities - capped at 10% for any single fund. What are REITs?: REITs...Realty Affairs0



This post first appeared on Official Blog On Real Estate Updates In India, please read the originial post: here

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RBI Allows Banks & Mutual Funds To Invest in REITs & InvITs - Benefits Likely For Real Estate Sector

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