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BankingNABARD / RBI

RBI Clears Areion Group Takeover of Aviom Housing Finance

25 July 20261 min read
BANKING & FINANCERBI Clears AreionGroup Takeover ofAviom HousingFinance25 July 2026safalsetu.com

Why in the news

The central bank gave its go-ahead for a resolution plan that transfers a housing finance company to a new owner.

Key facts

  • Acquirer: Areion Group.
  • Target: Aviom India Housing Finance.
  • Value: ₹936 crore.
  • Route: Corporate Insolvency Resolution Process (CIRP).
  • Expected recovery for lenders: about 65%.
  • Pending step: final nod from the National Company Law Tribunal (NCLT).

Exam angle

  • Who approved so far: RBI; who must give final approval: NCLT.
  • Process name: CIRP, under insolvency law.
  • Deal size: ₹936 crore.

Test yourself

1. Which group is acquiring Aviom India Housing Finance?

RBI approved Areion Group's acquisition.

2. Which body must give final approval to the Aviom India Housing Finance resolution?

The deal remains subject to NCLT approval.

3. What lender recovery is estimated under the Aviom resolution?

Lenders are expected to recover about 65%.

This topic is part of Daily Current Affairs 24 & 25 July 2026 (24 topics).

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