Tag: housing finance company

RBI directs deposit taking HFCs to maintain 15% as liquid fund, raise deposits only up to 5 years
Posted in Economy

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…

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