You are here: Home » Economy & Policy ยป News
Chinese app ban: PM urges start-ups to create 'Atmanirbhar' App ecosystem
icon-arrow-left
Bengal's 6.5% jobless rate in June 'far better' than that of India: Mamata
Business Standard

RERA to approach RBI for one-time debt recast to overcome liquidity crisis

CREDAI and Naredco have been demanding one time restructuring of developers outstanding loans with financial institutions to prevent bad loans and making them eligible for fresh borrowings

Topics
Coronavirus | UP RERA | Lockdown

Press Trust of India  |  New Delhi 



construction, realty, workers, jobs, employment, labour, real estate, concrete, cement, buildings, high rise, migrants
Supertech Chairman R K Arora said a regulator was needed in the sector and the RERA law has helped in trust building

Real estate regulators will write within a week to the RBI, seeking one-time debt restructuring for the industry to help developers overcome the liquidity issues, Uttar Pradesh Chairman Rajive Kumar said on Saturday.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Sat, July 04 2020. 19:02 IST

RECOMMENDED FOR YOU

.