BusinessAviom Insolvency: Authum Investment, JC Flowers ARC Show Interest In Bankrupt Mortgage Lender
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Aviom Insolvency: Authum Investment, JC Flowers ARC Show Interest In Bankrupt Mortgage Lender
While a formal expression of interest is still awaited, the bidders have engaged with the administrator at Aviom India Housing Finance, the people said.
Reserve Bank of India had first initiated insolvency proceedings against Aviom India Housing Finance in January 2025. (Photo source: Unsplash)
Beleaguered housing finance company Aviom India Housing Finance has seen acquisition interest from two potential investors, people in the know said. Authum Investment & Infrastructure Ltd. and JC Flowers Asset Reconstruction Co. have expressed their interest in submitting bids for the lender. While a formal expression of interest is still awaited, the bidders have engaged with the administrator at Aviom India Housing Finance, the peo...