Regulation

In terms of the National Housing Bank Act, 1987, National Housing Bank is expected, in the public interest, to regulate the housing finance system of the country to its advantage or to prevent the affairs of any housing finance institution being conducted in a manner detrimental to the interest of the depositors or in a manner prejudicial to the interest of the housing finance institutions. For this, National Housing Bank has been empowered to determine the policy and give directions to the housing finance institutions and their auditors.

Besides the regulatory provisions of the National Housing Bank Act, 1987, National Housing Bank has issued the Housing Finance Companies (NHB) Directions, 2001 as also Guidelines for Asset Liability Management System in Housing Finance Companies. These are periodically updated through issue of circulars and notifications.

As part of the supervisory process, an entry level regulation is sought to be achieved through a system of registration of housing finance companies.

National Housing Bank supervises the sector through a system of on-site and off-site surveillance.

 
National Housing Bank Act, 1987
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379 kb
Housing Finance Companies (NHB) Directions, 2010 (As modified upto 1st July, 2013),
Housing Finance Company Issuance of Non-Convertible Debentures on Private Placements (NHB) Directions, 2014
Notifications    
Circulars    
Guidelines    
Application for Certificate of Registration
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Inspection Forms ( Updated on 10.12.2014 )
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List of Companies    
 

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