HFC Regulations Harmonised with NBFC Regime
-Anita Baid (anita@vinodkothari.com) Introduction In 2019, pursuant to the amendments proposed by the Finance Act, 2019, it was proposed to shift the regulations of Housing Finance Companies (HFCs) from National Housing Bank (NH) to the Reserve Bank of India (RBI). Further, the RBI had in its press release[1] stated that HFCs will be treated as … Continue reading HFC Regulations Harmonised with NBFC Regime
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