MoneyWorks4Me

NHB imposes penalty on Reliance Home Finance

19 Sep 2020 Evaluate

National Housing Bank (NHB) has imposed a penalty of Rs 20,000 on Reliance Home Finance for contravention of certain provisions of Housing Finance Companies (NHB) Directions, 2010.

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.

Peers