Housing Finance Companies: The Reserve Bank of India withdrew certain exemptions granted to housing finance companies (HFCs), bringing these firms on a par with non-banking financial companies in terms of regulations. This comes after the Finance Act, 2019 amended the National Housing Bank, 1987, conferring certain powers for regulation of HFCs with the Reserve Bank.
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PNBHOUSING 
Reputation: 29,954 • Nov 13, 2019 2:33 PM
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