The Economic Times

Good news for REIT investors as they are likely to get higher returns and dividends due to this decision by RBI announced today

The Reserve Bank of India has allowed banks to lend to Real Estate Investment Trusts. This move is expected to lower borrowing costs for REITs. Consequently, REITs may distribute more cash to investors. This could lead to higher dividends and better returns for those invested in REITs. The decision aims to boost the real estate sector and investor confidence.