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India cenbank issues guidelines for bank investments into REITs, InvITs

Reuters 

- The Reserve of issued guidelines on Tuesday for by commercial in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), including setting limits on the overall

The said at a policy review earlier this month that it would allow to invest in and InvITs.

Among the guidelines issued on Tuesday, the central said would not be allowed to invest more than 10 percent of the unit capital of a REIT or InvIT.

For full statement see: http://bit.ly/2pxhOod

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Biju Dwarakanath)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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India cenbank issues guidelines for bank investments into REITs, InvITs

REUTERS - 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 Reserve of issued guidelines on Tuesday for by commercial in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), including setting limits on the overall

The said at a policy review earlier this month that it would allow to invest in and InvITs.

Among the guidelines issued on Tuesday, the central said would not be allowed to invest more than 10 percent of the unit capital of a REIT or InvIT.

For full statement see: http://bit.ly/2pxhOod

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Biju Dwarakanath)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

India cenbank issues guidelines for bank investments into REITs, InvITs

- The Reserve of issued guidelines on Tuesday for by commercial in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), including setting limits on the overall

The said at a policy review earlier this month that it would allow to invest in and InvITs.

Among the guidelines issued on Tuesday, the central said would not be allowed to invest more than 10 percent of the unit capital of a REIT or InvIT.

For full statement see: http://bit.ly/2pxhOod

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Biju Dwarakanath)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22