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RBI Appoints Administrator for Aviom Housing

The New Indian Express Dharmapuri

|

January 28, 2025

CITING serious governance lapses and defaults in various payment obligations, the Reserve Bank has superseded the management and board of home loan company Aviom India Housing Finance and appointed Ram Kumar, ex-chief general manager of Punjab National Bank, as the administrator and said soon it would initiate insolvency and bankruptcy process.

- ENS ECONOMIC BUREAU @ Mumbai

In a statement on Monday, the RBI said the action was take

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