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Areion seeks RBI approval for Rs 936 crore Aviom takeoverAreion Group is seeking Reserve Bank of India approval for its acquisition of Aviom India Housing Finance. The deal, valued at ₹936 crore, ...- Unity Small Finance Bank likely to foray into housing finance business next fiscal, says Jaspal Bindra, Executive Chairman, Centrum GroupUnity Small Finance Bank, after missing out on Aviom India Housing Finance, is prioritizing strategic options over aggressive acquisitions....
- Areion Group wins Rs 936-crore bid for Aviom India Housing Finance despite higher Unity SFB offerAreion Group secured the winning bid for Aviom India Housing Finance. Secured lenders unanimously backed Areion's Rs 936-crore offer. This ...
- Unity Small Finance Bank wins 3-way auction for Aviom India Housing FinanceSix companies had shown interest in acquiring Aviom India Housing Finance under the National Company Law Tribunal (NCLT)-monitored process ...
- Unity SFB leads Aviom India Housing race with Rs 775-cr bidAuthum Investment and Infrastructure, Northern Arc, DMI Housing, Kifs Housing Finance and Omkara Asset Reconstruction Company are among oth...
- NHB probe into Aviom's books finds 'inflated' investmentsAviom India Housing Finance is under investigation for potential fraud after the National Housing Bank discovered inflated mutual fund inve...
- Aviom India Housing hit by fraud, to delay lender paymentsThe fraudulent transactions have affected Aviom's cash flows, which will impact repayment capabilities, the people said. The housing financ...
- Nuveen invests $30 million in Aviom India Housing FinanceAccording to people in the know, her holding as the promoter comes down to 32% from 39% while Japan's Gojo has its stake reduced to 19% fro...
- Aviom India Housing to raise $30 million, new investor to get 30% stakeAviom’s sourcing model, known as Aviom Shakti, has created earning opportunities for over 55,000 women, who serve as referral agents for ho...
- Aviom India Housing Finance to raise $30 million via share salesJapan’s Gojo-backed Aviom, with Rs 990 crore in loan assets, is in talks with a global pension fund and a domestic private equity fund for ...
- IT firms brace for travel costs; Zomato & Fabindia under fireThe savings that India's software services firms have enjoyed due to Covid-induced travel restrictions may be coming to an end.
- Zomato in the firing line; Cred’s valuation hits $4BThis morning, Zomato said it had fired a customer service employee who told a customer that he ought to know Hindi. Two hours later, the co...
- India focused private equity fund Sabre Partners buys 13.4% in Aviom India Housing FinanceThe lender, which doubled its asset under management to Rs 550 crore in a year, is aiming to grow its book to Rs 800 crore by March 2022.
- Reall and Tree Line Asia Master Fund invest Rs 77 crore in Bengaluru-based developer Janaadhar IndiaTree Line has invested Rs 22.5 crore in equity raising its stake in the company with Reall putting Rs 49.5 crore in debt. Other existing in...
- US-based DFC backs IndusInd Bank's loan to Aviom India Housing FinanceIndia's micro-housing sector has got a boost with US-based Development Finance Corporation (DFC) taking exposure in Delhi-based startup Avi...
- Japan's Gojo invests Rs 130 crore in Indian financial companies during lockdownGojo's exposure to Indian firms now stands at Rs 365 crore, out of its total investment of Rs 525 crore across four countries including Cam...
- AVIOM Housing Finance raises Rs 60 crore from foreign investorsThe latest round of funds will take equity to about Rs 86 crore, it said.
- Relaxed rules opening up demand in the housing sector for startupsThe government had also extended the benefits of the interest subsidy up to Rs 2.6 lakh on home loans under the Pradhan Mantri Awas Yojana ...
- Aviom Housing Finance raises funds in Series AAviom provides loans to low-income individuals and families, and currently has 14 branches in Rajasthan and Madhya Pradesh.
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