Category: RBI

RBI withdraws Chapter IIIB exemptions from Housing Finance Companies

RBI withdraws Chapter IIIB exemptions from Housing Finance Companies RBI withdraws exemptions from Housing Finance Companies Housing Finance Institutions (HFIs) as defined under Clause (d) of Section 2 of the National Housing Bank Act, 1987. Such HFIs  are currently exempt from the provisions of Chapter IIIB of Reserve …