Former Kinara Capital CTO, Jijy Oommen, has joined Aavas Financiers as CTO. Formerly known as AU Housing Finance, the company is primarily engaged in the business of providing housing loans to customers belonging to the low and middle-income segment in semi-urban and rural areas. In her new role, Oommen will be focusing on leveraging new-age…
The Asian Development Bank (ADB) has signed an agreement to lend up to $60 million in Indian rupee equivalent to Aavas Financiers Limited (Aavas), a housing finance company in India, to improve access to housing finance for lowerincome borrowers in the country, particularly women. “It is very difficult for women in India, particularly in low-income…