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ASA Business Bulletin 01/04/2017 – 07/04/2017
Saturday Apr 8, 2017

State Bank of India signs MoU with CREDAI

State Bank of India (SBI) and real estate developers’ body Confederation of Real Estate Developers Associations of India (CREDAI) have signed a Memorandum of Understanding (MoU) to jointly conduct various initiatives towards development of the realty sector in India. Each of them will leverage their individual strengths and collaborate in areas to promote housing for all. The MoU is meant to mobilise the credibility of the members and the reach of SBI to cater to both home loans and construction finance requirements of the real estate sector.

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