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NHB scrutiny underway at Aavas Financiers after inspection said to reveal loan classification lapses

CJPN24 AI Desk•••2 min read
NHB scrutiny underway at Aavas Financiers after inspection said to reveal loan classification lapses
NHB scrutiny underway at Aavas Financiers after inspection said to reveal loan classification lapses
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Key Points

  • National Housing Bank (NHB) has raised concerns about loans worth Rs 400 – 500 crore on the ground they may have been misclassified.
  • Loans to certain underprivileged borrowers enjoy concessional refinancing rates, a few notches lower than a common or...

National Housing Bank (NHB) has raised concerns about loans worth Rs 400 – 500 crore on the ground they may have been misclassified.

Loans to certain underprivileged borrowers enjoy concessional refinancing rates, a few notches lower than a common or...

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Source: Moneycontrol.com

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