The National Housing Bank Act

Business of the National Housing Bank

Borrowings and acceptance of deposits by National Housing Bank

Loans in foreign currency

Assistance to borrower when to operate or a charge in the property offered as security

Amount and security to be held in trust

Power to transfer rights

Power to acquire rights

Exemption from registration

Recovery of dues as arrears of land revenue

Power to impose conditions for accommodation

Power to call for repayment before agreed period

National Housing Bank to have access to records

Validity of loan or advance not to be questioned

National Housing Bank not to make loans or advances against its own bonds or debentures

Power to inspect

Power to collect credit information

Power to publish information

Advisory services


BUSINESS OF THE NATIONAL HOUSING BANK


The National Housing Bank may provide advisory services to the
Central and State Governments, local authorities and other agencies connected with housing, in
respect of--

(a) formulation of overall policies aimed at promoting the growth of housing and housing
finance institutions;

(b) legislation relating to matters having a bearing on shelter, housing and human settlement. 

LAWGIST

# 27 Advisory services