NHB asks large housing finance companies to adopt early warning signals framework

NHB circular further said that tracking of the EWS must be integrated with the credit monitoring process in the systems of the HFCs so that it becomes a continuous activity. Through the EWS framework, HFCs will be encouraged to take into account fraud risks in their risk management practices.

from Banking/Finance-Industry-Economic Times https://ift.tt/x7OQE3J