This surge in loans for CRE is driven by growth in lease rental discounting, especially for office space.
According to the latest Reserve Bank of India data, outstanding loans to CRE stood at 3.9 trillion as of February 23, 2024. It has grown almost by ₹1 trillion in the past two years from ₹2.94 trillion in February 2022.
This story is from the March 30, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 30, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
![Cipla Promoters Offload 2.53% Stake For 2,637 Cr](https://reseuro.magzter.com/100x125/articles/18959/1700222/GyoprBw4q1715803931490/crp_CIPLA-PROMOTERS-OFFLOAD-253-STAKE-FOR-2637-CR.jpg)
Cipla Promoters Offload 2.53% Stake For 2,637 Cr
Proceeds to be used for creating liquidity’ for philanthropy
![US Protests: Why Are Faculty Voices Muted?](https://reseuro.magzter.com/100x125/articles/18959/1700222/d4ukip2S_1715805502663/crp_US-PROTESTS-WHY-ARE-FACULTY-VOICES-MUTED.jpg)
US Protests: Why Are Faculty Voices Muted?
The silence of faculty underscores a shift where the pursuit of academic values takes a back seat to preserving financial interests
![India's weight in MSCI equity index hits another high](https://reseuro.magzter.com/100x125/articles/18959/1700222/QBmTbjvMr1715806913823/INDIAS-WEIGHT-IN-MSCI-EQUITY-INDEX-HITS-ANOTHER-HIGH.jpg)
India's weight in MSCI equity index hits another high
India's weight in MSCI's Global Standard index, which tracks emerging market stocks, has risen to another record high, boosting prospects of more inflows into its equity markets.
Kansai Nerolac needs fresh coat to improve margins
Kansai Nerolac Paints has seen its market capitalisation (mcap) erode by over 5 per cent since May 3 after posting a subpar performance in the fourth quarter of 2023-24.
Foreign investors most short on India stocks since 2012
Foreign investors are the most pessimistic in over a decade on Indian stocks amid speculation over Prime Minister Narendra Modi's party winning fewer seats in the ongoing national elections than previously estimated.
![Raft of exemptions for government companies covers Sebi, MCA, CCI](https://reseuro.magzter.com/100x125/articles/18959/1700222/RmgmA4UC91715806690859/RAFT-OF-EXEMPTIONS-FOR-GOVERNMENT-COMPANIES-COVERS-SEBI-MCA-CCI.jpg)
Raft of exemptions for government companies covers Sebi, MCA, CCI
Regulatory exemptions for government companies have been granted by multiple authorities. The Securities and Exchange Board of India (Sebi) has provided a raft of exemptions to listed public sector entities.
![LIC gets until 2027 for 10% public shareholding](https://reseuro.magzter.com/100x125/articles/18959/1700222/ufYr92aXi1715806608844/LIC-GETS-UNTIL-2027-FOR-10-PUBLIC-SHAREHOLDING.jpg)
LIC gets until 2027 for 10% public shareholding
L ife Insurance Corporation (LIC) of India has been granted a three-year extension by the Securities and Exchange Board of India (Sebi) to achieve a 10 per cent public shareholding, the state-owned firm announced to the exchanges on Wednesday.
![Leaning in: Isha Ambani beyond Reliance Retail](https://reseuro.magzter.com/100x125/articles/18959/1700222/BgxJt4fue1715806232659/LEANING-IN-ISHA-AMBANI-BEYOND-RELIANCE-RETAIL.jpg)
Leaning in: Isha Ambani beyond Reliance Retail
Ambani means business. Not only when she is doing business she .leads Reliance Retail-but also when she is not. The latter was unmistakable on Wednesday, during her eight-minute 49second video address on the occasion of Information and Communications Technology (ICT) Day India 2024\".
A MATTER OF ACCESS
What is on the cards for the India-Asean FTA review
Diplomacy from the outside in
This is a compelling and lucidly written memoir of a distinguished academic who established himself as a diplomat and special envoy, turfusually reserved for career diplomats. SD Muni was appointed by Prime Minister Inder Kumar Gujral as India's ambassador to Laos in 1997.