Tag: housing finance company
Posted in Economy
RBI directs deposit taking HFCs to maintain 15% as liquid fund, raise deposits only up to 5 years
August 12, 2024 Leave a Comment on RBI directs deposit taking HFCs to maintain 15% as liquid fund, raise deposits only up to 5 years
The Reserve Bank of India (RBI) has prohibited housing finance companies (HFC) from raising public deposits for more than five years, placed a ceiling on…