![Why RBI initiates insolvency proceedings in opposition to Aviom India Housing Finance?, ETCFO Why RBI initiates insolvency proceedings in opposition to Aviom India Housing Finance?, ETCFO](https://i2.wp.com/etimg.etb2bimg.com/thumb/msid-117744415,imgsize-1872655,width-1200,height=765,overlay-etcfo/governance-risk-compliance/why-rbi-initiates-insolvency-proceedings-against-aviom-india-housing-finance.jpg?w=600&resize=600,400&ssl=1)
Why RBI initiates insolvency proceedings in opposition to Aviom India Housing Finance?, ETCFO
Days after the regulatory motion on the Aviom India Housing Finance Personal Restricted, superseding the board of administrators, the Reserve Financial institution of India (RBI) on Thursday initiated the insolvency proceedings in opposition to the corporate. The central financial institution has constituted a three-member Advisory Committee to help the Administrator in discharge of his duties….