Tag: housing finance sector
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RBI Fines Godrej Housing Finance, Aadhar Housing Finance, HUDCO for Non-Compliance | Regulatory Impact Analysis
In a significant regulatory move, the Reserve Bank of India (RBI) has imposed fines on Godrej Housing Finance, Aadhar Housing Finance, and the Housing and Urban Development Corporation (HUDCO) for non-compliance with various regulatory norms. The fines reflect the increasing vigilance by the RBI in ensuring that financial institutions adhere to the regulatory framework designed…