Removal of Reserve Bank consultation requirement narrows institutional consultation for the National Housing Bank Act. The Finance Act, 2018 amends the National Housing Bank Act, 1987 by omitting the words ', in consultation with the Reserve Bank, or the Reserve Bank,' from subsection (5) of section 5, thereby removing the statutory reference to consultation with the Reserve Bank in that provision.
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Removal of Reserve Bank consultation requirement narrows institutional consultation for the National Housing Bank Act.
The Finance Act, 2018 amends the National Housing Bank Act, 1987 by omitting the words ", in consultation with the Reserve Bank, or the Reserve Bank," from subsection (5) of section 5, thereby removing the statutory reference to consultation with the Reserve Bank in that provision.
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