NHB imposes fine of Rs 45K on Reliance Home Finance

Kalpana Mandal

New Delhi, Nov 7 (PTI) Housing finance regulator National Housing Bank has imposed a fine of Rs 45,000 on Anil Ambani group company Reliance Home Finance for violating certain rules, a filing said.

'National Housing Bank (NHB) has imposed a penalty of Rs 45,000 on the company for contravention of certain provisions of Housing Finance Companies (NHB) directions, 2010,' Reliance Home Finance said in a regulatory filing on Thursday.

It is a subsidiary of Reliance Capital Company. PTI KPM KPM MRMR