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SOURCE OF INFORMATION : NATIONAL HOUSING BANK WEBSITE
PERIOD COVERED : 01-MAR-2006 TO 31-OCT-2024

HOUSING FINANCE COMPANIES: DID NOT ADHERE TO PROVISIONS OF PARA 27A OF HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010

S.No. ENTITY REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1
History of entity/person 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.15000

28-FEB-2021 		 
2
History of entity/person INDOSTAR HOME FINANCE PVT.LTD.  
DID NOT ADHERE TO PROVISIONS OF PARA 27A OF HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010    IMPOSED PENALTY RS.25000

30-NOV-2020 		 
3
History of entity/person VASTU HOUSING FINANCE CORP.LTD.  
DID NOT ADHERE TO PROVISIONS OF PARA 27A OF HOUSING FINANCE COMPANIES (NHB) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2010    IMPOSED PENALTY RS.20000

31-JUL-2021 		 
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

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