Classification of REITs as ‘equity’ to boost investment in Indian real estate: Industry

Markets regulator Securities and Exchange Board of India’s (SEBI)‘ decision to classify Real Estate Investment Trusts (REITs) as “equity” for investments by mutual funds is a progressive step that will widen investors’ participation and strengthen this instrument. To enhance investment by Mutual fund schemes in REITs, the SEBI Board last week approved the amendments to…

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Should you be a loan guarantor?

Becoming the guarantor of a loan may seem like a simple gesture for helping someone close to get credit. However, in reality, it creates a binding financial responsibility for a long period. As lenders treat loan guarantors almost at par with borrowers, they hold loan guarantors for repayment defaults. Thus, understanding the implications of becoming…

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