RBI imposes penalties on Godrej Housing, HUDCO, and Aadhar Housing Finance [Current Affairs]
The Reserve Bank of India (RBI) has levied penalties on three Non-Banking Financial Companies (NBFCs) for failing to comply with its directives on housing finance companies. The penalties are as follows: Godrej Housing Finance Limited and Aadhar Housing Finance Limited were each fined Rs 5 lakh, while Housing and Urban Development Corporation Limited (HUDCO) faced…