https://www.taxtmi.com/acts?id=37160 The substituted section empowers the Reserve Bank to issue binding directions to housing finance companies in the public interest or to regulate the housing finance system, covering income recognition, accounting standards, provisioning, capital adequacy with risk weights and credit conversion factors, and fund deployment. It may prohibit specified purposes for advances, set maximum exposures to persons or groups, regulate deposit matters including credit ratings, interest rates and deposit tenors, and prohibit deposit acceptance for non compliance. en-us Wed, 24 Jul 2019 17:33:30 +0530 Wed, 24 Jul 2019 17:33:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37160 The substituted section empowers the Reserve Bank to issue binding directions to housing finance companies in the public interest or to regulate the housing finance system, covering income recognition, accounting standards, provisioning, capital adequacy with risk weights and credit conversion factors, and fund deployment. It may prohibit specified purposes for advances, set maximum exposures to persons or groups, regulate deposit matters including credit ratings, interest rates and deposit tenors, and prohibit deposit acceptance for non compliance. Act-Rules F. Acts / Amendment Acts Wed, 24 Jul 2019 17:33:30 +0530 https://www.taxtmi.com/acts?id=37160