Current Affairs · Banking Regulations and REITs
Consider the following statements regarding proposed guidelines for bank exposure to REITs: 1) Bank exposure to a REIT is capped at specified capital base limits. 2) Bank loans cannot be utilized for acquiring land. 3) REITs must fulfill minimum operational/track record requirements to qualify. Which of the statements given above are correct?
- 11 only
- 22 only
- 31, 2 and 3✓
- 41 and 2 only
Correct answer
1, 2 and 3
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