| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
BAJAJ HOUSING FINANCE LTD.
|
|
|
DID NOT ADHERE TO GUIDELINES ON ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS UNDER HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2014
|
IMPOSED PENALTY RS.5,000
31-JAN-2020
|
|
| 2 |
|
|
BAJAJ HOUSING FINANCE LTD.
|
|
|
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
DID NOT ADHERE TO GUIDELINES ON ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS UNDER HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2014
|
IMPOSED PENALTY RS.50,000
30-SEP-2020
|
|
| 3 |
|
|
DMI HOUSING FINANCE PVT.LTD.
|
|
|
DID NOT ADHERE TO GUIDELINES ON ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS UNDER HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2014
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
VIOLATED POLICY CIRCULAR
|
IMPOSED PENALTY RS.23,55,000
30-APR-2021
|
|
| 4 |
|
|
HERO HOUSING FINANCE LTD.
|
|
|
DID NOT ADHERE TO PROVISIONS OF PARA 27A OF HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
DID NOT ADHERE TO GUIDELINES ON ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS UNDER HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2014
|
IMPOSED PENALTY RS.15,000
28-FEB-2021
|
|
| 5 |
|
|
INDIABULLS HOUSING FINANCE LTD.
|
|
|
DID NOT ADHERE TO PROVISIONS OF PARA PARA 2(1)(Z)(C)(II), 2(1)(V)(I), 28(1)(IV)(A), 28(1)(IV)(B)(II) AND 30 OF HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
DID NOT ADHERE TO GUIDELINES ON ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS UNDER HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2014
DID NOT ADHERE TO PROVISION OF SECTION 29(A)(7) OF NHB ACT, 1987
|
IMPOSED PENALTY RS.3,45,000
30-NOV-2020
|
|
| 6 |
|
|
MENTOR HOME LOANS INDIA LTD.
|
|
|
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
VIOLATED POLICY CIRCULAR
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
DID NOT ADHERE TO GUIDELINES ON ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS UNDER HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2014
|
IMPOSED PENALTY RS.90,000
28-FEB-2021
|
|
| 7 |
|
|
MOTILAL OSWAL HOME FINANCE LTD.
|
|
|
VIOLATED POLICY CIRCULAR
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
DID NOT ADHERE TO GUIDELINES ON ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS UNDER HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2014
|
IMPOSED PENALTY RS.15,000
30-SEP-2020
|
|
| 8 |
|
|
SUNDARAM BNP PARIBAS HOME FINANCE LTD.
|
|
|
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
DID NOT ADHERE TO GUIDELINES ON ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS UNDER HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2014
|
IMPOSED PENALTY RS.15,000
30-SEP-2019
|
|
| 9 |
|
|
SUNDARAM HOME FINANCE LTD.
|
|
|
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
VIOLATED POLICY CIRCULAR
DID NOT ADHERE TO GUIDELINES ON ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS UNDER HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2014
|
IMPOSED PENALTY RS.12,45,000
31-JUL-2020
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
