Governance issues

Indian Reserve Bank controls the board of directors of Aviom India Housing for governance issues

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Reserve Bank of India cited governance concerns and defaults in meeting various payment obligations by affordable housing financier Aviom India Housing Finance Pvt. Ltd. (Bloomberg)

2025-01-27 20:27:00 : The Indian Reserve Bank (RBI) replaced the board of directors of Aviom India Housing Finance Pvt. The Co., Ltd., the reason is to govern issues and fulfill the default of various payment obligations. The regulatory agency stated that it exercised power in accordance with the 45-IE (1) of the Indian Reserve Bank … Read more