Section 23

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

The National Housing Bank Act, 1987

  • Act 53 of 1987
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to establish a bank to be known as the National Housing Bank to operate as a principal agency to promote housing finance institutions both at local and regional levels and to provide financial and other support to such institutions and for matters connected therewith or incidental thereto.

All sections
    The National Housing Bank shall not make any loan or advance on the security of its own bonds or debentures.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

Scroll to Top