Entries by Vinod Kothari Consultants

IT Framework for the HFCs

By Vineet Ojha (finserv@vinodkothari.com) Over the years, the Housing Finance Company (HFC) sector has grown in size and complexity. As the HFC industry matures and achieves scale, its Information Technology /Information Security (IT/IS) framework, Business Continuity Planning (BCP), Disaster Recovery (DR) Management, IT audit, etc. must also be benchmarked to best practices. To enhance the […]

RBI relaxes thresholds for affordable housing finance

Financial Services Division – finserv@vinodkothari.com   The Reserve Bank of India came out with a notification on 19th June, 2018[1] amending the provisions of priority sector lending targets and classification[2], in relation to affordable housing finance. To give a background, financing affordable housing units qualifies to be a priority sector lending. The term “affordable housing unit” us a […]