Categories: Latest

View on RBI announcement by Mr. Ravindra Sudhalkar, CEO at Reliance Home Finance

New Delhi, April 17, 2020: “The RBI has provided a welcome relief to NBFcs and HFCs in the form of liquidity boosters, which will benefit both housing and commercial real estate. The liquidity provisions made by RBI through Rs 50,000 TLTRO deployment will enable HFCs and NBFcs to raise financing through bonds, commercial papers etc.  Special Refinancing facility of Rs 10000 crore announced for National Housing Bank will ease some of the liquidity challenges for housing financing companies to get bank financing in the wake of COVID 19 crisis.
*RBI has also allowed NBFC loans to delayed commercial real estate projects to be extended by a year without restructuring which is a welcome move “.
Corporate Comm India (CCI Newswire)
The Property Times News Bureau

Share
Published by
The Property Times News Bureau
Tags: Covid-19HFCNational Housing BankNBFCprojectsRavindra Sudhalkarreal estateReliance SecuritiesThepropertytimes.inTLTRO
5 years ago

Recent Posts

Know About Prateek Group’s Upcoming Premium Residences in Siddharth Vihar, Ghaziabad

Ghaziabad, December 21, 2024: As Delhi-NCR's luxury housing segment grows, the region sees the presence…

1 day ago

Finding Balance in Design: The Prana Homes Launches Mindful Living Collections

New Delhi, December 21, 2024: Redefining the art of holistic living, The Prana Homes by Pooja…

1 day ago

Real Estate 2025: Key Platforms Revolutionising the Real Estate Landscape in India

New Delhi, December 20, 2024: The Indian real estate market is undergoing a remarkable transformation,…

2 days ago

Film Producer Madhu Mantena’s Company Acquires Multiple Apartments Totalling Rs. 25.75 Crore in Mumbai: Square Yards

New Delhi, December 20, 2024: Madhu Mantena, the acclaimed film producer behind hits like Ghajini…

2 days ago

Dextrus Announces their 4th Premium Workspace at Mint, Sahar Plaza, Andheri East

Mumbai, December 19, 2024: Dextrus, a leading premium managed workspace provider, is excited to announce their…

3 days ago

Innov8 launches its largest flex space centers in Mumbai in 2 lac sq ft

New Delhi, December 19, 2024: Innov8, India's leading startup, continues its rapid expansion with the…

3 days ago