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of <h1>National Housing Bank Act Amended: Headquarters Moved to New Delhi, Authority Shifted to Central Government Under Section 3.</h1> Section 3 of the National Housing Bank Act, 1987, is amended by the Finance Act, 2018. In subsection (3), the location reference for the bank's headquarters is changed from 'Bombay or at such other place as the Reserve Bank' to 'New Delhi or at such other place as the Central Government.' Additionally, subsection (4) replaces the term 'the Reserve Bank' with 'the Central Government.' These changes reflect a shift in authority and location designation from the Reserve Bank to the Central Government.
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