State Bank of India 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.
The MoU will be in force for a period of 3 years. Each of them will leverage their individual strengths and collaborate in areas to promote housing for all, which will be beneficial to the sector.
CREDAI is the largest real estate association in the country with over 11,500 members. Both the organizations have a common objective of making every Indian own a home of their own.
What can be the possible questions from above news:
Q1. Name the Public lender, which has signed an MoU with real state developer’s body CREDAI, recently.
Share your answer in the comment section
Source- Business Standard