Bank credit growth slowed to 15% in the fortnight ending April 15, after banks accelerated lending ahead of the financial year end. Even with this dip, credit growth has stayed in double digits for more than seven months, pointing to continued revival in loan demand from both individuals and businesses.
The RBI has approved a new route for financing real estate investment trusts by allowing banks to lend directly to REITs at the project level. The move could improve access to credit, sharpen project viability, and make REITs more attractive to investors—while also changing risk and cash-flow dynamics for developers and lenders.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
