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.source https://economictimes.indiatimes.com/industry/banking/finance/banking/citibank-to-focus-on-institutional-banking-in-india-to-offer-lease-rental-discounting/articleshow/87497988.cms
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