https://www.taxtmi.com/acts?id=36933 The substituted section 30A empowers the Reserve Bank to determine policy and issue binding directions to housing finance companies to protect public interest and depositors, covering income recognition, accounting standards, provisioning, capital adequacy, deployment of funds, limits and prohibited purposes for advances, and regulation of deposit-taking including credit rating, interest rates, deposit periods and prohibition of deposit acceptance for non-compliance. en-us Fri, 05 Jul 2019 18:49:29 +0530 Fri, 05 Jul 2019 18:49:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36933 The substituted section 30A empowers the Reserve Bank to determine policy and issue binding directions to housing finance companies to protect public interest and depositors, covering income recognition, accounting standards, provisioning, capital adequacy, deployment of funds, limits and prohibited purposes for advances, and regulation of deposit-taking including credit rating, interest rates, deposit periods and prohibition of deposit acceptance for non-compliance. Act-Rules Bill Fri, 05 Jul 2019 18:49:29 +0530 https://www.taxtmi.com/acts?id=36933