28) SWAMIH Investment Fund Flashcards
1
Q
Full form of SWAMIH ?
A
Special Window for Affordable and Mid Income Housing fund
2
Q
Context ?
A
Union Finance Minister has approved 81 projects under this fund
3
Q
When was this fund formed ?
A
In 2019
4
Q
Aim ?
A
To complete construction of stalled, RERA-registered affordable and mid-income category housing projects which are stuck due to paucity of funds
5
Q
Target corpus ?
A
Rs 12500cr
6
Q
Who is the investment manager of this fund ?
A
SBICAP, a wholly owned subsidiary of SBI
7
Q
Sponsor ?
A
Dept of Economic Affairs, Ministry of Finance on behalf of Govt of India
