In one line — National Housing Bank’s fraud classification follows audits that flagged phantom loan accounts, alleged fund diversion and other irregularities at Star Housing Finance, which is now engaging with a potential investor for
Source: Mint · AI-summarised by Anadi · Updated 27 Aug 2026, 7:34 PM IST
National Housing Bank’s fraud classification follows audits that flagged phantom loan accounts, alleged fund diversion and other irregularities at Star Housing Finance, which is now engaging with a potential investor for a majority stake and fresh capital.