Reserve Bank of India issues directions for housing finance companies

The central bank said these directions, which shall come into force with an immediate effect, are aimed at preventing the affairs of any HFCs from being conducted in a manner detrimental to the interest of investors and depositors.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/reserve-bank-of-india-issues-directions-for-housing-finance-companies/articleshow/81083794.cms