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of <h1>Amendment to Section 35A broadens regulatory scope, involving Reserve Bank alongside National Housing Bank for housing finance institutions.</h1> Section 35A of the National Housing Bank Act, 1987, has been amended by the Finance (No. 2) Act, 2019. The amendment replaces the term 'housing finance institution' with 'housing finance institution which is a company' throughout the section. Additionally, it substitutes references to 'the National Housing Bank' with 'the National Housing Bank or the Reserve Bank, as the case may be.' These changes clarify the entities involved and expand the regulatory scope to include the Reserve Bank where applicable.
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