4 stories mentioning NSE:AAVASUpdated 19d ago
Every FINWIRES story that references NSE:AAVAS, newest first.
Aavas Financiers (NSE:AAVAS, BOM:541988) has an average rating of overweight and mean price target of 1,654.10 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Aavas Financiers (NSE:AAVAS, BOM:541988) has an average rating of overweight and mean price target of 1,641.55 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Aavas Financiers (NSE:AAVAS, BOM:541988) strongly denied media reports alleging irregularities in loan classification and potential action by the National Housing Bank (NHB), according to a stock exchange filing on Monday.The company said reports suggesting certain loans were misclassified to obtain concessional refinancing from NHB, "are misleading, malicious, speculative and not an accurate characterisation of the Company's engagement with NHB". The company also dismissed claims that NHB could recall refinancing facilities linked to those loans.Aavas also rejected reports linking management changes to any purported withdrawal or reversal of NHB refinancing facilities.The clarification follows media reports that NHB was reviewing loans worth 4 billion rupees to 5 billion rupees that had received refinancing at concessional rates.Shares of Aavas were down nearly 1% in recent trade.
Aavas Financiers (NSE:AAVAS, BOM:541988) has appointed Manu Yeshpal Singh as the managing director and chief executive officer of the company, with effect from April 21, according to a filing to the Indian stock exchanges on Monday.He takes over from Sachinderpalsingh Jitendrasingh Bhinder, who resigned from the position of managing director and chief executive officer of the company from Monday, due to professional and personal commitments.Bhinder will continue in a role as a senior advisor to the company.The company's shares were down over 1% in recent trade.
