The aspirations of new house buyers were dashed when SWAMIH, an AIF intended to revitalize stalled projects ceased financing them.
Kindly let SWAMIH stay outside of this circle so that it can carry on funding to the stalled real estate projects. (2/2)
@rbi@narendra@nsitharaman
RBI has barred Regulated Entities (REs) (Banks, NBFCs, and all other FIs regulated by RBI) from investing in AIFs by means of its circular 2023-24/90 DOR.STR.REC.58/21.04.048/2023 dated Dec 19, 2023. It restricts BANKS & NBFCs from lending money or other resources to AIFS.(1/2)
Credai Delegation met CJM Mr.Sanjiv Naryani (Real Estate India Head of SBI) & his team on 27 June 2019 and discussed various issues /suggestions related to Home loans and Builder Finance. Tie-up between SBI and Credai on pan India level was also discussed at length.
SEIZE THE DAY!
It’s still not late to miss out on this exciting offer to be a part of the magnificent #CREDAINatcon18 in Berlin.
To avail the Early Bird Discount of INR 10,000, register now on - https://t.co/huVFcced38
Only one day left for early bird registrations!!
We are extremely proud of the achievements of CREDAI Women’s Wing who have now expanded their reach even more with the inauguration of the Delhi – NCR chapter. #SheBuildsHome