Citibank to focus on institutional banking in India, to offer lease rental discounting


Citibank to focus on institutional banking in India, to offer lease rental discounting

LRD is a globally popular credit instrument offered against rental receipts. This will likely ease the funds crunch in the real estate sector, hit hard by the pandemic. The bank will be setting up a separate team and infrastructure for this service line.

The due process of law would have to be followed and there is very little the government can do, people privy to the development said.


https://ift.tt/3mLWg77

Post a Comment

Finance

Finance Finance Rs 2,317 crore loan given by DHFL to Radius Group was laundered by the Wadhawan brothers, ED tells court Jun 28, 2022, 08...

My Instagram

Copyright © Pramukh Advisor. Made with by OddThemes