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AVIOM HOUSING FINANCE
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, ...- 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 ...
- Aviom India creditors to go for Swiss challengeIn an effort to maximize returns for its lenders, Aviom India Housing Finance is launching a Swiss challenge auction to attract competitive...
- Aviom India Housing Finance promoter offers to settle dues as six entities put in bidsAccording to the proposal, there would be an upfront payment of Rs 350 crore while the accrued interest would be paid in 24 months after th...
- 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 goes public with refinance list to curb misuseTo enhance transparency and prevent misuse, the National Housing Bank (NHB) has disclosed its refinance beneficiaries after fraud allegatio...
- National Housing Bank steps up surprise checks to gauge housing finance companies' healthThe National Housing Bank is conducting surprise inspections of mortgage financiers following fraud at Aviom Housing Finance. The focus is ...
- RBI files application for insolvency proceedings against Aviom India Housing FinanceThe Reserve Bank of India has initiated a corporate insolvency resolution process against Aviom India Housing Finance due to governance iss...
- RBI dissolves Aviom Housing board, to initiate IBC processThe regulator has appointed Ram Kumar, a former chief general manager at Punjab National Bank, as the Administrator. The regulator also pla...
- RBI supersedes board of Aviom India Housing Finance on governance concernsThe Reserve Bank of India (RBI) has taken control of Aviom India Housing Finance due to concerns over governance and payment defaults. The ...
- Aviom fraud spurs NHB to tighten oversight at HFCsThe National Housing Bank (NHB) has urged housing finance companies to strengthen their risk and audit functions following a fraud at Aviom...
- 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 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 ...
- 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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