Question
SEBI has allowed REITs & InvITs with net worth of
______ or higher to issue CPs.Solution
Capital markets regulator SEBI allowed emerging investment vehicles, Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT), to issue commercial papers.The move came after Reserve Bank Commercial Paper Directions approved that InvIT and REIT having net worth of at least Rs 100 crore are eligible to issue commercial paper.Thus,the capital markets regulator also allowed REITs and InvITs to issue listed commercial papers. This is subject to certain conditions, including, REITs and InvITs need to abide by the guidelines prescribed by Reserve Bank of India (RBI) for issuances of commercial papers and follow the conditions of listing norms prescribed by SEBI.The issuance of listed CPs should be within the overall debt limit permitted under the REITs and InvITs rules.
Where did ISRO and the Indian Navy conduct the well deck trials for the Gaganyaan mission’s crew module?
According to Steve Hanke’s Annual Misery Index (HAMI),which country has been named as the happiest country in the world?
Galathea Bay, International Trans-shipment port is being developed in which of the following states/UTs?
What is the primary objective of the Annapurna Food Packet Scheme launched by the Rajasthan Congress government?
Which film emerged victorious at the ALT Environment Film Festival?Â
In the External Commercial Borrowing regulatory changes introduced by the RBI in 2026, which of the following structural reforms removed restrictions on...
What is the interest rate applicable on the special personal loan scheme for Agniveers offered by SBI?
What is the projected global growth for 2024 as per the RBI Annual Report 2023-24?
Which companies are collaborating to deploy India’s largest quantum computer in Andhra Pradesh?
What initiative did India showcase at the 112th session of the International Labour Conference (ILC) as a best practice?
