RBI MPC Meet: RBI allows banks to lend to REITs, boosting long-term funding

RBI MPC Meet Highlights: The Reserve Bank of India has permitted banks to lend to Real Estate Investment Trusts. This move aims to boost funding for commercial real estate projects. It will help REITs access more stable, long-term capital. This decision is expected to strengthen financing avenues for the sector. It will also reduce reliance on capital markets alone.