Tag: #RegulatoryFramework

Loan

NHB Instructs HFCs to Report Bad Loan Data on the First Day of Every Month.

December 12, 2024

MUMBAI: The National Housing Bank (NHB) has directed the heads of all Housing Finance Companies (HFCs) to submit bad loan data by the first day of every month, according to sources familiar with the matter. This move comes after NHB observed that HFCs were continuing to collect loan payments for the previous month even up […]

NHB Instructs HFCs to Report Bad Loan Data on the First Day of Every Month.more
RBI

The RBI suggests strengthening the requirements for HFCs to take public deposits.

January 16, 2024

MUMBAI: On Monday, the Reserve Bank suggested tightening regulations for housing financing organizations by raising the necessity of retaining liquid assets against liabilities and shortening the maturity period for public deposits to five years. According to the RBI’s draft circular, which is open for comments until February 29th, housing finance companies (HFCs) are now permitted […]

The RBI suggests strengthening the requirements for HFCs to take public deposits.more