Power to collect depositor information: National Housing Bank may require housing finance companies to furnish deposit statements and annual accounts. The National Housing Bank may direct housing finance institutions that are deposit-accepting companies to furnish to the National Housing Bank and the Reserve Bank, in forms, at intervals and within times it specifies, statements, information or particulars relating to deposits, including amounts, purposes, periods, interest rates and other terms; and may require such institutions, at their cost and within specified time, to send annual balance-sheets and profit and loss accounts to depositors above thresholds specified by the National Housing Bank.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Power to collect depositor information: National Housing Bank may require housing finance companies to furnish deposit statements and annual accounts.
The National Housing Bank may direct housing finance institutions that are deposit-accepting companies to furnish to the National Housing Bank and the Reserve Bank, in forms, at intervals and within times it specifies, statements, information or particulars relating to deposits, including amounts, purposes, periods, interest rates and other terms; and may require such institutions, at their cost and within specified time, to send annual balance-sheets and profit and loss accounts to depositors above thresholds specified by the National Housing Bank.
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