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NHB imposes penalty of Rs 30,000 on Reliance Home Finance
Mar-06-2021

National Housing Bank (NHB) has imposed a penalty of Rs 30,000 on Reliance Home Finance. Penalty is for contravention of certain provisions of the NHB Act, 1987 and Directions and Circular issued there under.

Reliance Home Finance is engaged in providing housing finance. It provides housing loans, home improvement loan, home extension loan and reliance property solutions. It offers home loans to individuals and companies. It operates as a subsidiary of Reliance Capital.

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