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of <h1>Amendment to Section 44 of the National Housing Bank Act, 1987 expands fidelity and secrecy duties to include Reserve Bank.</h1> Clause 167 of the Finance (No. 2) Bill, 2019 proposes an amendment to section 44 of the National Housing Bank Act, 1987. The amendment involves substituting the words 'National Housing Bank' with 'National Housing Bank or the Reserve Bank, as the case may be,' in sub-section (1). This change pertains to the obligations regarding fidelity and secrecy, thereby extending the responsibilities to include the Reserve Bank alongside the National Housing Bank.
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