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AVIOM INVESTIGATION
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 ...- 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...
- 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...
- 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...
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