Infra firms looking to raise big money through REITs, InviTs
The Reserve Bank of India proposed to allow banks to invest in REITs and InvITs after a Sebi suggestion requested the banking regulator to allow banks to participate in such schemes. Banks' investment in Real Estate Investment Trust (REITs) and Infrastructure Investment Trust (InVITs) could be capped at the existing stipulation of 20% of net-owned funds.
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