• General
  • General
Regulatory Disclosure
  • NHB in exercise of the powers vested with it under Section 52 A of the NHB Act, 1987, imposed a penalty of Rs. 2.60 lakhs on the Company for non-compliance under Para 22, Para 27, Para 28 & Para 29 (2) of the HFC (NHB) Directions, 2010. The penalty was imposed vide letter dated 30/01/2019 and paid within stipulated time.

  • NHB in exercise of the powers vested with it u/s 52A of the National Housing Bank Act 1987 has imposed penalty of Rs. 5000/- and 18% GST on 19/12/2019 on account of Breach of para 4.1 (iv) (e) of the Master Circular on Fair Practice Code dated 01/07/2016.

  • We need to mention that NHB in exercise of the powers vested with it u/s 52A of the National Housing Bank Act 1987 has imposed penalty of Rs. 10000/- on account of Breach of para 4.1 (iv) (e) of the Master Fair Practice Code dated 01/07/2016.
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