NHB circular further said that tracking of the EWS must be integrated with the credit monitoring process in the systems of the HFCs so that it becomes a continuous activity. Through the EWS framework, HFCs will be encouraged to take into account fraud risks in their risk management practices.
source https://economictimes.indiatimes.com/industry/banking/finance/nhb-asks-large-housing-finance-companies-to-adopt-early-warning-signals-framework/articleshow/100226587.cms
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