History of Investments in REIT: A New Avenue for retail investors in India
REIT stands for “Real Estate Investment Trust”. These trusts were originally devised in the United States in 1960 under the Cigar Excise Tax Extension Act. The first REIT was listed on the New York Stock Exchange in 1965. REIT approach has flourished and served as the model for around 40 countries around the world. REITs…
Read article Difference between REIT and REIT mutual funds explained
The key difference between a REIT and a mutual fund is that that; Related Posts:
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RBI guidance on Credit Default Swap
A credit default swap (CDS) is a contract between two parties in which one party purchases protection from another party against losses from the default of a borrower for a defined time. The protection buyer makes periodic payments (premium) to the protection seller until the maturity of the contract or the credit event, whichever is…
Read article ISDA Master Agreement: Salient features
(This post offers salient features of ISDA, covering some of the points most important to the parties to the agreement for OTC derivatives transactions internationally.) The ISDA Master Agreement is an internationally agreed document published by the International Swaps and Derivatives Association, Inc. (“ISDA”) which is used to provide certain legal and credit protection for…
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Distinguishing Repo and Tri-party Repo (TREP)
The repo rate is the rate at which the central bank of a country (Reserve Bank of India in the case of India) lends money to commercial banks in the event of any shortfall of funds. The repo rate is used by monetary authorities to control inflation. It is economically similar to a secured loan.…
Cashless Everywhere: now policyholder can avail cashless treatment from non-network hospitals.
Now onwards Hospitals with 15 beds, registered under the Clinical Establishment Act, can provide cashless hospitalization to health insurance policyholders. The General Insurance Council (GIC) on Wednesday launched the “Cashless Everywhere” initiative under which health insurance policyholders will have the freedom to choose any hospital for their treatment. Furthermore, the cashless facility will be extended…
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