| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ADITYA BIRLA HOUSING FINANCE LTD.
|
|
|
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
|
IMPOSED PENALTY RS.41,05,000
31-JAN-2020
|
|
| 2 |
|
|
AKME STAR HOUSING FINANCE LTD.
|
|
|
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
DID NOT ADHERE TO REQUIREMENT OF APPROVAL OF ACQUISITION OR TRANSFER OF CONTROL UNDER HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
|
IMPOSED PENALTY RS.15,000
31-DEC-2020
|
|
| 3 |
|
|
CENT BANK HOME FINANCE LTD.
|
|
|
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
|
IMPOSED PENALTY RS.5,000
31-JUL-2020
|
|
| 4 |
|
|
CENTRUM HOUSING FINANCE LTD.
|
|
|
DID NOT ADHERE TO FAIR PRACTICE CODE FOR HOUSING FINANCE COMPANIES
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
VIOLATED PROVISIONS OF HOUSING FINANCE COMPANIES-APPROVAL OR TRANSFER OF CONTROL (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
|
IMPOSED PENALTY RS.80,000
30-JUN-2021
|
|
| 5 |
|
|
GIC HOUSING 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 HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
|
IMPOSED PENALTY RS.15,000
31-JAN-2020
|
|
| 6 |
|
|
HABITAT MICRO BUILD INDIA HOUSING FINANCE CO.PVT.LTD.
|
|
|
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
|
IMPOSED PENALTY RS.25,000
30-JUN-2020
|
|
| 7 |
|
|
IFL HOUSING FINANCE LTD.
|
|
|
DEFAULT IN COMPLIANCE WITH NHB ACT, 1987
DID NOT ADHERE TO HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
VIOLATED POLICY CIRCULAR
|
IMPOSED PENALTY RS.35,000
30-APR-2021
|
|
| 8 |
|
|
IKF HOME FINANCE LTD.
|
|
|
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
DID NOT ADHERE TO PROVISION OF SECTION 29C OF NHB ACT, 1987
|
IMPOSED PENALTY RS.10,000
30-NOV-2020
|
|
| 9 |
|
|
INDIA HOME LOAN LTD.
|
|
|
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
|
IMPOSED PENALTY RS.50,000
30-NOV-2020
|
|
| 10 |
|
|
MAGMA HOUSING FINANCE LTD.
|
|
|
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
|
IMPOSED PENALTY RS.5,000
30-NOV-2019
|
|
| 11 |
|
|
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
|
|
| 12 |
|
|
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
|
|
| 13 |
|
|
SAHARA HOUSINGFINA CORP.LTD.
|
|
|
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
|
IMPOSED PENALTY RS.5,000
31-JAN-2020
|
|
| 14 |
|
|
VASTU HOUSING FINANCE CORP.LTD.
|
|
|
DID NOT ADHERE TO PROVISIONS OF HOUSING FINANCE COMPANIES-CORPORATE GOVERNANCE (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2016
|
IMPOSED PENALTY RS.5,000
31-AUG-2018
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
