Reits seek 'equity' label, option to take loan from banks
Real estate investment trusts (Reits) are in talks with regulatory bodies - the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) - to seek changes in regulations that will allow easier access to capital. The Indian Reits Association (IRA) said it has approached the market regulator seeking to get classified as an equity asset, which will open the path for their inclusion in equity indices and also make investment by mutual funds (MFs) easier. The association is a...
Dalip Sehgal Embassy Reit Association Of Mutual Funds Exchange Board Of India Sebi Nexus Select Indian Reits Association
Source: rediff.com