The sudden RBI move came a couple of months after Aviom's auditor flagged potential discrepancies in the company's books ...

RBI has superseded the board of directors of AVIOM India Housing Finance, citing governance concerns and defaults in meeting ...

As per the RBI Act's Section 47, after making provision for bad and doubtful debts, depreciation in assets, contributions to ...

The Reserve Bank of India (RBI) has directed large non-banking finance companies (NBFCs) to disclose the maximum rates ...

The regulatory action comes two months after the lender said that it has received a notice from its statutory auditors, ...

The last revision of rates happened in February 2023 when the policy rate was hiked by 25 basis points to 6.5%.

After superseding the board of directors of Aviom India Housing Finance Pvt Ltd and appointing Ram Kumar, former chief general manager (CGM) of Punjab National Bank, as the administrator, the Reserve ...

Reserve Bank of India on January 27 said it has superseded the board of directors of Aviom India Housing Finance Private ...

RBI has superseded the board of Aviom India Housing Finance. It plans to initiate resolution proceedings under the IBC and ...

RBI supersedes Aviom India Housing Finance board due to governance concerns, defaults, and potential discrepancies in ...