RBI tightens REIT, InvIT bank lending rules; rejects push for broader refinancing and land finance

The central bank has capped bank exposure to completed, cash-generating assets, setting a 49% limit and barring refinancing of under-construction projects, as it issues final rules effective April 2027.

source https://www.livemint.com/industry/banking/rbi-tightens-reit-invit-bank-lending-rules-rejects-refinancing-land-finance-11781100909190.html