Indian Bank to wind up Ind Bank Housing after RBI cancels CoR

The public sector Indian Bank will wind up its subsidiary, Ind Bank Housing Ltd, following the cancellation of the certificate of registration (CoR) for the Housing Finance Company (HFC) by the RBI. Indian Bank's MD & CEO, S L Jain, confirmed in Chennai that Ind Bank Housing had remained inactive for the past two decades.

More News

• 

  Big players of real estate to get a big boost with RERA

  VIEW MORE
  

  SC order paved way for bail to Ireo MD in money laundering case

  VIEW MORE
  

  With RERA since 70% of the home loan receivables have to be deposited, the 20:80 scheme may become unviable

  VIEW MORE