hyderabadupdates.com Real Estate RBI to exempt SWAMIH fund from alternate investment fund rules

RBI to exempt SWAMIH fund from alternate investment fund rules

In a significant regulatory update, the Reserve Bank of India has provided a vital exemption for the Special Window for Affordable and Mid-Income Housing (SWAMIH) fund. This initiative, championed by the government, is now free from the stringent laws that usually govern alternate investment funds.

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