(As Modified upto 1

st
August, 2012)
NATIONAL HOUSING BANK
New Delhi, the 10th June, 2010
The Housing Finance Companies (NHB) Direcions! "#$#
$
Noi%icaion No& NHB&HFC&DI'&$(C)D("#$#
Whereas the National Housing Bank had issued Housing Finance Companies
NHB! Directions, 2001 in respect o" matters relating to acceptance o" deposits
#$ housing "inance companies, prudential norms "or income recognition,
accounting standards, asset classi"ication, pro%ision "or #ad and dou#t"ul assets,
capital ade&uac$ and concentration o" credit' in%estments to #e o#ser%ed #$ the
housing "inance companies and matters to #e included in the (uditors )eport #$
the auditors o" such housing "inance companies and matters ancillar$ and
incidental thereto and amended the said Directions "rom time to time*
2. (nd whereas it is considered desira#le to issue consolidated Directions
incorporating the amendments made "rom time to time*
3. Now there"ore, the National Housing Bank ha%ing considered it
necessar$ in the pu#lic interest and #eing satis"ied that "or the purpose o"
ena#ling the National Housing Bank to regulate the housing "inance s$stem o"
the countr$ to its ad%antage, it is necessar$ to gi%e the Directions mentioned
#elow, here#$ in e+ercise o" the powers con"erred, #$ sections ,0, ,0(, ,1 and
33o" the National Housing Bank (ct, 1-./ 0, o" 1-./! and o" all the powers
ena#ling it in this #ehal", and in supercession o" the a"orementioned directions
gi%es the Directions hereina"ter speci"ied*
CHA*T+' I , *'+LI)INA'-
Shor i.e! commencemen an/ app.ica0i.i1 o% he Direcions
$& 1! 1hese Directions shall #e known as the Housing Finance Companies NHB! Directions,
2010* 1he$ shall come into "orce "rom the date o" pu#lication in the 2""icial 3a4ette and an$
re"erence in these Directions to the date o" commencement thereo" shall #e deemed to #e a
re"erence to that date*
2! 5nless otherwise directed #$ the National Housing Bank, these Directions e+cept the
Directions contained in Chapter 67 shall #e applica#le to e%er$ housing "inance compan$
registered under section 2-( o" the National Housing Bank (ct, 1-./ 0, o" 1-./!*
Directions contained in Chapter 67 shall #e applica#le to e%er$ auditor o" a housing "inance
compan$*
De%iniions
2. 1! 6n these Directions, unless the conte+t otherwise re&uires,
(1)8#anking compan$9 means a #anking compan$ as de"ined in :ection 0c! o" the Banking
)egulation (ct, 1-;- 10 o" 1-;-!<
(2)8#reakup %alue9 means the e&uit$ capital and reser%es as reduced #$ intangi#le assets and
re%aluation reser%es, di%ided #$ the num#er o" e&uit$ shares o" the in%estee compan$<
1
=u#lished in the 3a4ette o" 6ndia =art 666 :ection ; dated June 2>, 2010
(3) 8carr$ing cost9 means #ook %alue o" the assets and interest accrued thereon #ut not
recei%ed<
(4)8compan$9 means a compan$ as de"ined in :ection ;0 6 aa! o" the )eser%e Bank o" 6ndia
(ct, 1-,; 2 o" 1-,;! #ut does not include a compan$ which is #eing wound up under an$
law "or the time #eing in "orce<
(5) ?control? shall ha%e the same meaning as is assigned to it under clause c! o" su#@
regulation 1! o" regulation 2 o" :ecurities and A+change Board o" 6ndia :u#stantial
(c&uisition o" :hares and 1akeo%ers! )egulations, 1--/<
(6) 8current in%estment9 means an in%estment which is #$ its nature readil$ realisa#le
and is intended to #e held "or not more than one $ear "rom the date on which such in%estment
is made<
(7) 8deposit9 shall ha%e the same meaning as assigned to it in :ection ;0 6 ##! o" the
)eser%e Bank o" 6ndia (ct, 1-,; 2 o" 1-,;!<
(8)8depositor9 means an$ person who has made a deposit with the housing "inance compan$
or a heir, legal representati%e, administrator or assignee o" the depositor<
(9) 8dou#t"ul asset9 means a term loan, or a leased asset, or a hire purchase asset, or an$
other asset, which remains a su#standard asset "or a period e+ceeding two $ears<
=ro%ided that with e""ect "rom Barch ,1, 2000, 8dou#t"ul asset9 shall mean a term loan, or a
leased asset, or a hire purchase asset, or an$ other asset, which remains a su#@standard asset
"or a period e+ceeding twel%e months<
C! 8earning %alue9 means the %alue o" an e&uit$ share computed #$ the a%erage o" pro"its
a"ter ta+ as reduced #$ the pre"erence di%idend and adCusted "or e+tra ordinar$ and non
recurring items, "or the immediatel$ preceding three $ears and "urther di%ided #$ the num#er
o" e&uit$ shares o" the in%estee compan$ and capitalised at the "ollowing rateD@
(1) in case o" predominantl$ manu"acturing compan$, eight percent<
(2) in case o" predominantl$ trading compan$, ten percent< and
(3) in case o" an$ other compan$, including a Housing Finance Compan$, twel%e percent<
NoteD 6" an in%estee compan$ is a loss making compan$, the earning %alue will #e
taken as 4ero<
(11) 8 "air %alue9 means the mean o" the earning %alue and the #reakup %alue<
(12) 8"ree reser%es9 shall include the #alance in the share premium account, capital and
de#enture redemption reser%es and an$ other reser%e shown or pu#lished in the #alance sheet
o" the compan$ and created through an allocation o" pro"its, not #eing 1! a reser%e created
"or repa$ment o" an$ "uture lia#ilit$ or "or depreciation in assets or "or #ad de#t or 2! a
reser%e created #$ re%aluation o" the assets o" the compan$<
(13) 8housing "inance compan$9 means a compan$ incorporated under the Companies
(ct, 1-0> 1 o" 1-0>! which primaril$ transacts or has as one o" its principal o#Cects, the
transacting o" the #usiness o" pro%iding "inance "or housing, whether directl$ or indirectl$<
(14) 8h$#rid de#t9 means capital instrument which possesses certain characteristics o"
e&uit$ as well as o" de#t<
(15) 86nno%ati%e perpetual de#t9 means h$#rid de#t issued in accordance with the terms
and conditions stipulated in the Circular issued #$ National Housing Bank in this regard*
(16) 8lending pu#lic "inancial institution2 means E
(1) a pu#lic "inancial institution speci"ied in or under section ;( o" the Companies (ct,
1-0> 1 o" 1-0>!< or
(2) a :tate Financial Corporation or a :tate 6ndustrial 6n%estment Corporation< or
(3) a scheduled commercial #ank< or
(4) the 3eneral 6nsurance Corporation o" 6ndia esta#lished in pursuance o" the
pro%isions o" section - o" the 3eneral 6nsurance Business Nationalisation! (ct, 1-/2
0/ o" 1-/2!< or
(5) an$ other 6nstitution which the National Housing Bank ma$, #$ noti"ication, speci"$
in this #ehal"<
(17) 8long term in%estment9 means an in%estment other than a current in%estment<
(18) 8loss asset9 means E
(9)an asset which has #een identi"ied as loss asset #$ the housing "inance compan$ or
its internal or e+ternal auditor or #$ the National Housing Bank, to the e+tent it is not
written o"" #$ the housing "inance compan$< and
(35) an asset which is ad%ersel$ a""ected #$ a potential threat o" non
reco%era#ilit$ due to an$ one o" the "ollowing, namel$D@
(1) non@a%aila#ilit$ o" securit$, either primar$ or collateral, in case o" secured loans
and ad%ances<
(2) erosion in %alue o" securit$, either primar$ or collateral, is esta#lished<
(3) insurance claim, i" an$, has #een denied or settled in part<
(4) "raudulent act or omission on the part o" the #orrower<
(5) the de#t #ecoming time #arred under Fimitation (ct, 1->, ,> o" 1->,!<
(6) inchoate or de"ecti%e documentation*
Explanation@ For the remo%al o" dou#t, it is clari"ied that mere right o" the housing
"inance compan$ to "ile suit against the #orrower'guarantor "or reco%er$ o" dues does
not de#ar the National Housing Bank or the auditors to consider the asset or part
thereo" as loss asset due to a"oresaid reasons<
(19) 8net asset %alue9 means the latest declared net asset %alue #$ the concerned mutual
"und in respect o" that particular scheme<
(20) 8net #ook %alue9 means @
(1) in the case o" hire purchase asset, the aggregate o" o%erdue and "uture installments
recei%a#le as reduced #$ the #alance o" the unmatured "inance charges and "urther
reduced #$ the pro%isions made as per paragraph 2;2!i! o" these directions<
ii! in the case o" leased assets, aggregate o" capital portion o" o%erdue lease rentals
accounted as recei%a#le and depreciated #ook %alue o" the lease asset as adCusted #$
the #alance o" lease adCustment account<
(21) 8net owned "und9 means net owned "und as de"ined under section 2-( o" the
National Housing Bank (ct, 1-./ including paid up pre"erence shares which are
compulsoril$ con%erti#le into e&uit$ capital*
(22) 8non@per"orming asset9 re"erred to in these directions as 8N=(9! meansD@
(1) a loan asset, in respect o" which, interest has remained past due "or si+ months<
(2) a term loan other than the one granted to an agriculturist or to a person whose
income is dependent on the har%est o" crops! inclusi%e o" unpaid interest, when the
installment is o%erdue "or more than si+ months or on which interest amount
remained past due "or si+ months<
(3) a #ill o" e+change which remains o%er due "or si+ months<
(4) the interest in respect o" a de#t or the income on a recei%a#le under the head Gother
current assetsH in the nature o" short term loans'ad%ances, which "acilit$ remained
o%er due "or a period o" si+ months<
(5) an$ dues on account o" sale o" assets or ser%ices rendered or reim#ursement o"
e+penses incurred, which remained o%er due "or a period o" si+ months<
(6) the lease rental and hire purchase installment, which has #ecome o%er due "or a
period o" more than twel%e months<
(7) an inter corporate deposit, in respect o" which interest or principal has remained o%er
due "or a period o" si+ months<
=ro%ided that with e""ect "rom Barch ,1, 2000, 8non@per"orming asset9 shall meanD@
(1) an asset, in respect o" which, interest has remained o%erdue "or a period o" ninet$
da$s or more<
(2) a term loan other than the one granted to an agriculturist or to a person whose
income is dependent on the har%est o" crops! inclusi%e o" unpaid interest, when the
installment is o%erdue "or a period o" ninet$ da$s or more or on which interest
amount remained o%erdue "or a period o" ninet$ da$s or more<
(3) a demand or call loan, which remained o%erdue "or a period o" ninet$ da$s or more
"rom the date o" demand or call or on which interest amount remained o%erdue "or a
period o" ninet$ da$s or more<
(4) a #ill which remains o%erdue "or a period o" ninet$ da$s or more<
(5) the interest in respect o" a de#t or the income on recei%a#les under the head Gother
current assetsH in the nature o" short term loans'ad%ances, which "acilit$ remained
o%erdue "or a period o" ninet$ da$s or more<
(6) an$ dues on account o" sale o" assets or ser%ices rendered or reim#ursement o"
e+penses incurred, which remained o%er due "or a period o" ninet$ da$s or more<
(7) the lease rental and hire purchase installment, which has #ecome o%er due "or a
period o" ninet$ da$s or more<
(8) an inter corporate deposit, in respect o" which interest or principal has remained
o%erdue "or a period o" ninet$ da$s or more*
(9) a term loan granted to an agriculturist or to a person whose income is dependent on
the har%est o" crops i" the installment o" principal or interest thereon remains
unpaidD
(1) "or two crop seasons #e$ond the due date i" the income o" the #orrower is
dependent on short duration crops, or
(2) "or one crop season #e$ond the due date i" the income o" the #orrower is
dependent on long duration crop*
Explanation
(1) For the purpose o" this su#@clause 8long duration9 crops would #e crops with
crop season longer than one $ear and crops, which are not 8long duration9
crops, would #e treated as 8short duration9 crops*
(2) 1he crop season "or each crop means the period up to har%esting o" the crops
raised, would #e as determined #$ the :tate Fe%el BankersH Committee in each
:tate*
(23)8owned "und9 means paid up capital including pre"erence shares compulsoril$
con%erti#le into e&uit$ shares, "ree reser%es, #alance in share premium account and capital
reser%es representing surplus arising out o" sale proceeds o" asset, e+cluding reser%es created
#$ re%aluation o" asset, as reduced #$ accumulated loss #alance, #ook %alue o" intangi#le
assets and de"erred re%enue e+penditure, i" an$<
(24) 8past due9 means an amount o" income or interest which remains unpaid "or a period
o" thirt$ da$s #e$ond the due date<
(25) 8pu#lic deposit9 means a deposit #ut does not include the "ollowing, namel$D@
(1) an$ amount recei%ed "rom the Central 3o%ernment or a :tate 3o%ernment or an$
amount recei%ed "rom an$ other source and whose repa$ment is guaranteed #$ the
Central 3o%ernment or a :tate 3o%ernment or an$ amount recei%ed "rom a local
authorit$ or an$ pu#lic housing agenc$, or a "oreign 3o%ernment or an$ other "oreign
citi4en, authorit$ or person<
(2) an$ amount recei%ed "rom the National Housing Bank, esta#lished under the
National Housing Bank (ct, 1-./ 0, o" 1-./!, or the 6ndustrial De%elopment Bank o"
6ndia esta#lished under the 6ndustrial De%elopment Bank o" 6ndia (ct, 1->; 1. o" 1->;!
or the Fi"e 6nsurance Corporation o" 6ndia esta#lished under the Fi"e 6nsurance
Corporation (ct, 1-0> ,1 o" 1-0>! or the 3eneral 6nsurance Corporation o" 6ndia and its
su#sidiaries esta#lished in pursuance o" the pro%isions o" section - o" the 3eneral
6nsurance Business Nationalisation! (ct, 1-/2 0/ o" 1-/2! or the :mall 6ndustries
De%elopment Bank o" 6ndia esta#lished under the :mall 6ndustries De%elopment Bank o"
6ndia (ct, 1-.- ,- o" 1-.-! or the 5nit 1rust o" 6ndia esta#lished under the 5nit 1rust o"
6ndia (ct, 1->, 02 o" 1->,! or National Bank "or (griculture and )ural De%elopment
esta#lished under the National Bank "or (griculture and )ural De%elopment (ct, 1-.2 or
an Alectricit$ Board constituted under the Alectricit$ :uppl$! (ct, 1-;. or the 1amil
Nadu 6ndustrial 6n%estment Corporation Ftd*, or the National 6ndustrial De%elopment
Corporation o" 6ndia Ftd*, or the 6ndustrial Credit I 6n%estment Corporation o" 6ndia
Ftd*, or the 6ndustrial Finance Corporation o" 6ndia Ftd*, or the 6ndustrial 6n%estment
Bank o" 6ndia Ftd*, or :tate 1rading Corporation o" 6ndia Ftd*, or the )ural Alectri"ication
Corporation Ftd*, or the Binerals and Betals 1rading Corporation o" 6ndia Ftd*, or the
(gricultural Finance Corporation Ftd*, or the :tate 6ndustrial and 6n%estment Corporation
o" Baharashtra Ftd*, or the 3uCarat 6ndustrial 6n%estment Corporation Ftd*,or (sian
De%elopment Bank or 6nternational Finance Corporation or
J
Japan Bank "or 6nternational
Cooperation JB6C!
K1
or Lreditanstalt "Mr Wiederau"#au L"W! or an$ other institution
that ma$ #e speci"ied #$ the National Housing Bank in this #ehal"<
(3) an$ amount recei%ed #$ a housing "inance compan$ "rom another compan$<
(4) an$ amount recei%ed #$ wa$ o" su#scription to an$ share, stock, #onds or de#entures
pending the allotment o" the said shares, stock, #onds or de#entures and an$ amount
recei%ed #$ wa$ o" calls in ad%ance on shares, in accordance with the (rticles o"
(ssociation o" the housing "inance compan$ so long as such amount is not repa$a#le to
the mem#ers under the (rticles o" (ssociation o" the housing "inance compan$<
1
:u#stituted #$ NHB*HFC*D6)* ; ' CBD'2012 dated Januar$ 1- , 2012 pu#lished in the 3a4ette o" 6ndia,
=art 666 :ection ; dated Fe#ruar$ 1. , 2012* =rior to its su#stitution, the words in the clause $!ii! read as
under<
8NNN6nternational Finance Corporation or the 2%erseas Aconomic Cooperation Fund 2ACF! orN**9
%! an$ amount recei%ed "rom a person who at the time o" receipt o" the amount was a
Director o" the housing "inance compan$ or an$ amount recei%ed "rom its shareholders
#$ a pri%ate housing "inance compan$ or #$ a pri%ate housing "inance compan$ which
has #ecome a pu#lic housing "inance compan$ under section ;,( o" the Companies (ct,
1-0> and continues to include in its (rticles o" (ssociation pro%isions relating to the
matters speci"ied in clause iii! o" su#@section 1! o" section , o" the Companies (ct, 1-0>
1 o" 1-0>!D
Provided that the Director or shareholder, as the case may be, from whom the money is
received furnishes to the housing finance company at the time of giving the money, a
declaration in writing to the effect that the amount is not being given out of funds
acquired by him by borrowing or accepting from others;
Provided further that in the case of joint shareholders of a private limited company,
money received from or in the name of the joint shareholders except the first named
shareholder shall not be eligible to be treated as the receipt of money from the
shareholder of the company;
(6) an$ amount raised #$ the issue o" #onds or de#entures secured #$ the mortgage o"
an$ immo%a#le propert$ o" the housing "inance compan$< or #$ an$ other asset or with
an option to con%ert them into shares in the housing "inance compan$ pro%ided that in the
case o" such #onds or de#entures secured #$ mortgage o" an$ immo%a#le propert$ or
secured #$ other assets, the amount o" such #onds or de#entures shall not e+ceed the
market %alue o" such immo%a#le propert$' other assets<
(7) an$ amount #rought in #$ the promoters #$ wa$ o" unsecured loan in pursuance o"
stipulations o" lending institutions su#Cect to the "ul"illment o" the "ollowing conditions,
namel$ D@
(1)the loan is #rought in pursuance o" the stipulation imposed #$ the lending pu#lic
"inancial institution in "ul"illment o" the o#ligation o" the promoters to contri#ute
such "inance,
(2) the loan is pro%ided #$ the promoters themsel%es and'or #$ their relati%es, and
not "rom their "riends and #usiness associates, and
(3)the e+emption under this su#@clause shall #e a%aila#le onl$ till the loan o" the
lending pu#lic "inancial institution is repaid and not therea"ter<
(8) an$ amount recei%ed "rom a mutual "und which is go%erned #$ the :ecurities and
A+change Board o" 6ndia Butual Funds! )egulations, 1--><
(9) an$ amount recei%ed as h$#rid de#t or su#ordinated de#t the minimum maturit$
period o" which is not less than si+t$ months<
(10) an$ amount recei%ed "rom a relati%e o" a director o" a housing "inance
compan$<
J
+i! an$ amount recei%ed #$ issuance o" commercial paper, in accordance with the
guidelines issued #$ the )eser%e Bank o" 6ndia, %ide Circular No* 6ACD*,'0.*10*01'2000@
2001 dated 2cto#er 10, 2000*
K1
Note D 1he deposit shall #e accepted onl$ on an application made #$ the depositor
containing therein a declaration that as on the date o" deposit, he is related to the speci"ic
director in the capacit$ o" a relati%e as de"ined under Companies (ct, 1-0> 1 o" 1-0>!<
4! 8pu#lic housing agenc$9 shall include an$ authorit$, constituted in 6ndia #$ or under an$
law, engaged either "or the purpose o" dealing with and satis"$ing the need "or housing
16nserted #$ NHB*HFC*D6)* ; ' CBD'2012 dated 1-
th
Januar$ , 2012 pu#lished in the 3a4ette o" 6ndia,
=art 666 :ection ; dated 1.
th
Fe#ruar$ , 2012*
accommodation or "or the purpose o" planning, de%elopment or impro%ement o" cities, towns
and %illages or "or #oth*
4a! 8securities2 means securities as de"ined in section 2h! o" the :ecurities Contracts
)egulation! (ct, 1-0> ;2 o" 1-0>!<
4#! 8standard asset9 means the asset in respect o" which, no de"ault in repa$ment o"
principal or pa$ment o" interest is percei%ed and which does not disclose an$ pro#lem nor
carr$ more than normal risk attached to the #usiness<
4c! 8su#@standard asset9 means @
(1) an asset, which has #een classi"ied as non@per"orming asset "or a period not
e+ceeding two $ears<
=ro%ided that with e""ect "rom Barch ,1, 2000, an asset, which has #een classi"ied as
non@per"orming asset "or a period not e+ceeding twel%e months shall #e a su#@
standard asset<
(2) an asset, where the terms o" the agreement regarding interest and'or principal ha%e
#een re@negotiated or rescheduled a"ter release o" an$ instalment o" loan or an inter@
corporate deposit which has #een rolled o%er, until the e+pir$ o" one $ear o"
satis"actor$ per"ormance under the re@negotiated or rescheduled termsD
=ro%ided that where a dela$ in completion o" a proCect is caused on account o"
"actors #e$ond the control o" the proCect implementing agenc$, terms o" the loan
agreement regarding interest and' or principal ma$ #e rescheduled once #e"ore the
completion o" the proCect and such loans ma$ #e treated as standard asset, su#Cect to
the condition that such reschedulement shall #e permitted onl$ once #$ the Board o"
Directors o" the concerned housing "inance compan$ and that interest on such loan is
paid regularl$ and there is no de"ault<
=ro%ided "urther that where natural calamities impair the repa$ing capacit$ o" a
#orrower, terms o" the loan agreement regarding interest and' or principal ma$ #e
rescheduled and such loans shall not #e classi"ied as su#@standard< the classi"ication
o" such loans would therea"ter #e go%erned #$ the re%ised terms and conditions<
4d! 8su#ordinated de#t9 means a "ull$ paid up capital instrument, which is unsecured and is
su#ordinated to the claims o" other creditors and is "ree "rom restricti%e clauses and is not
redeema#le at the instance o" the holder or without the consent o" the super%isor$ authorit$ o"
the housing "inance compan$* 1he #ook %alue o" such instrument shall #e su#Cected to
discounting as pro%ided hereunderD
emaining maturity of the instruments ate of discount !"#
i! up to one $ear 100
ii! Bore than one $ear #ut upto two $ears .0
iii! Bore than two $ears #ut upto three $ears >0
i%! Bore than three $ears #ut upto "our $ears ;0
%! Bore than "our $ears #ut upto "i%e $ears 20
to the e+tent such discounted %alue does not e+ceed "i"t$ percent o" the 1ier@6 capital<
4e! 8su#stantial interest9 means holding o" a #ene"icial interest #$ an indi%idual or his
spouse or minor child, whether singl$ or taken together in the shares o" a compan$, the
amount paid up on which e+ceeds ten percent o" the paid up capital o" the compan$< or the
capital su#scri#ed #$ all the partners o" a partnership "irm<
4"! 8tier@6 capital9 means owned "und as reduced #$ in%estment in shares o" other housing
"inance companies and in shares, de#enture, #onds, outstanding loans and ad%ances including
hire purchase and lease "inance made to and deposits with su#sidiaries and companies in the
same group e+ceeding, in aggregate, ten percent o" the owned "und<
4g! 8tier@66 capital9 includes the "ollowingD@
(1) pre"erence shares other than those compulsoril$ con%erti#le into e&uit$!<
(2) re%aluation reser%es at discounted rate o" "i"t$ "i%e percent<
J
iii! general pro%isions including that "or standard assets! and loss reser%es to the e+tent
these are not attri#uta#le to actual diminution in %alue or identi"ia#le potential loss in
an$ speci"ic asset and are a%aila#le to meet une+pected losses, to the e+tent o" one
and one "ourth percent o" risk weighted assets
K
<
1
(4) h$#rid de#t<
(5) su#ordinated de#t
to the e+tent the aggregate does not e+ceed 1ier@6 capital< and
4h! G1in$ depositH means the aggregate amount o" pu#lic deposits not e+ceeding )s* 10,000'@
standing in the name o" the sole or the "irst named depositor in the same capacit$ in all the
#ranches o" the housing "inance compan$*
2! Words or e+pressions used #ut not de"ined herein and de"ined in the National Housing
Bank (ct, 1-./ shall ha%e the same meaning as assigned to them therein* (n$ other words or
e+pressions not de"ined herein or in the National Housing Bank (ct, 1-./ shall ha%e the
same meaning as assigned to them in the )eser%e Bank o" 6ndia (ct, 1-,; 2 o" 1-,;!,
Banking )egulation (ct, 1-;- 10 o" 1-;-! and the Companies (ct, 1-0> 1 o" 1-0>!<
,! a! 6" an$ &uestion arises as to whether a compan$ is a "inancial institution or not, such
&uestion shall #e decided #$ the National Housing Bank in consultation with the Central
3o%ernment*
#! 6" an$ &uestion arises as to whether a compan$ is a housing "inance compan$, the
same shall #e decided #$ the National Housing Bank*
CHA*T+' II , ACC+*TANC+ OF *UBLIC D+*OSITS
'esricion on accepance o% /eposis
3* 1! No housing "inance compan$ shall accept or renew pu#lic deposits unless the housing
"inance compan$ has o#tained minimum in%estment grade rating "or its "i+ed deposits "rom
an$ one o" the appro%ed rating agencies, at least once a $ear and a cop$ o" the rating is sent to
the National Housing Bank and it is compl$ing with all the prudential norms, pro%ided thatD
(1) a housing "inance compan$ ha%ing o#tained credit rating "or its "i+ed deposits not
#elow the minimum in%estment grade rating as a#o%e and compl$ing with all the
prudential norms, ma$ accept pu#lic deposits not e+ceeding "i%e times o" its N2F*
(2) a housing "inance compan$ which does not ha%e the re&uisite rating "or its "i+ed
deposits shall o#tain the same within a period o" si+ months time "rom the date o"
1
:u#stituted #$ NHB*HFC*D6)*,'CBD'2011 dated (ugust 0, 2011 pu#lished in the 3a4ette o" 6ndia, =art 666 :ection
; dated (ugust 2/, 2011* =rior to its su#stitution, su#@clauseiii! read as underD
8iii! general pro%isions and loss reser%es to the e+tent these are not attri#uta#le to actual diminution in %alue or
identi"ia#le potential loss in an$ speci"ic asset and are a%aila#le to meet une+pected losses to the e+tent o"
one and one "ourth percent o" risk weighted assets<9
noti"ication or such e+tended period as ma$ #e permitted #$ the National Housing
Bank, to o#tain the prescri#ed rating "or its "i+ed deposits*

1J
(ppro%ed Credit )ating (gencies and the Binimum 6n%estment 3rade Credit )atingD
1he names o" appro%ed credit rating agencies and the minimum credit rating shall #e as
"ollowsD@
Name o" the (genc$ Binimum 6n%estment 3rade )ating
a! 1he Credit )ating 6n"ormation F(@ F( Binus!
:er%ices o" 6ndia Ftd* C)6:6F!
#! 6C)( Ftd* B(@ B( Binus!
c! Credit (nal$sis I )esearch Ftd* C()A! C()A BBBFD!
d! F61CH )atings 6ndia =ri%ate Ftd* t(@ind!FD!
e! Brickwork )atings 6ndia =%t* Ftd* BW) F(
K
2! No housing "inance compan$ shall ha%e deposits inclusi%e o" pu#lic deposits, the
aggregate amount o" which together with the amounts, i" an$, held #$ it which are re"erred in
clauses iii! to %ii! o" su#@section ##! o" :ection ;0 6 o" the )eser%e Bank o" 6ndia (ct, 1-,;
2 o" 1-,;! as also loans or other assistance "rom the National Housing Bank, is in e+cess o"
si+teen times o" its N2F&
(3) Where a housing "inance compan$ holds as on the date o" commencement o" these
directions pu#lic deposits in e+cess o" the limits speci"ied in 1! a#o%e and as applica#le to it
or deposits inclusi%e o" the items mentioned in 2! a#o%e in e+cess o" the limits speci"ied in
(2) a#o%e, it shall E
(1) not accept "resh deposit or open new deposit account< or
(2) not renew the e+isting deposit or where the deposits are recei%ed under an$ recurring
scheme, recei%e installments under such scheme a"ter the e+pir$ o" the scheme
period<
(3) reduce such e+cess deposit #$ repa$ment on maturit$*
(4)6n the e%ent o" down gradation o" the credit rating to an$ le%el #elow in%estment grade,
the housing "inance compan$ shall
(1) report the position within "i"teen working da$s to the National Housing Bank<
(2) with immediate e""ect stop accepting "resh pu#lic deposit and
(3) reduce such e+cess deposit #$ repa$ment on maturit$*
1
6nserted #$ NHB*HFC*D6)*>'CBD'2012 dated 1
st
(ugust, 2012 pu#lished in the 3a4ette o" 6ndia, =art
666@:ec*; dated ,2012* =rior to su#stitution, the su#@paragraph 1! o" paragraph , read as underD
$%pproved &redit ating %gencies
'he names of approved credit rating agencies for the time being are as follows()
(1)'he &redit ating *nformation +ervices of *ndia ,td- !&*+*,#
(2) *&% ,td-
(3) &redit %nalysis . esearch ,td-!&%E#
(4) /*'&0 atings *ndia Private ,td-1-
*erio/ o% /eposis
4. No housing "inance compan$ shall accept or renew an$ pu#lic depositD
(1) which is repa$a#le on demand or on notice< or
(2) unless such deposit is repa$a#le a"ter a period o" twel%e months or more #ut not later
than eight$ "our months "rom the date o" acceptance or renewal o" such deposits*
Explanation
Where a pu#lic deposit is in 6nstalments, the period o" such deposit shall #e computed "rom
the date o" receipt o" "irst 6nstallment*
4oin /eposi
5& Where so desired, deposits ma$ #e accepted in Coint names with or without an$ o" the
clauses, namel$, 8Aither or :ur%i%or9, 8Num#er 2ne or :ur%i%or's9, 8(n$one or :ur%i%or's9*
*aricu.ars o 0e speci%ie/ in app.icaion %orm so.iciing pu0.ic /eposis
6 i! No housing "inance compan$ shall accept or renew an$ pu#lic deposit e+cept on a
written application "rom the depositors in the "orm to #e supplied #$ the housing "inance
compan$, which "orm shall contain all the particulars speci"ied in the Non @Banking Financial
Companies and Biscellaneous Non@Banking Companies (d%ertisement! )ules, 1-//, made
under section 0.( o" the Companies (ct, 1-0> 1 o" 1-0>! and also contain the particulars o"
the speci"ic categor$ o" the depositors, i*e* whether the depositor is a shareholder or a director
or a promoter o" the housing "inance compan$ or a mem#er o" pu#lic or a relati%e o" a
director o" the compan$*
(35) 1he application "orm shall also contain the "ollowingD@
(1) the credit rating assigned "or its deposits and the name o" the credit rating agenc$
which rated the housing "inance compan$<
(2) a statement to the e""ect that in case o" an$ de"icienc$ o" the housing "inance
compan$ in ser%icing its deposits, the depositor ma$ approach the National
Consumers Disputes )edressal Forum, the :tate Fe%el Consumers Disputes
)edressal Forum or the District Fe%el Consumers Dispute )edressal Forum "or
relie"<
(3) a statement to the e""ect that in case o" non@repa$ment o" the deposit or part thereo"
in accordance with the terms and conditions o" the deposit, the depositor ma$ make
an application to authorised o""icer o" the National Housing Bank<
(4) a statement to the e""ect that the "inancial position o" the housing "inance compan$ as
disclosed and the representations made in the application "orm are true and correct
and that the housing "inance compan$ and its Board o" Directors are responsi#le "or
the correctness and %eracit$ thereo"<
(5) a statement to the e""ect that the housing "inance compan$ is within the regulator$
"ramework o" the National Housing Bank* 6t must, howe%er, #e distinctl$ understood
that the National Housing Bank does not undertake an$ responsi#ilit$ "or the
"inancial soundness o" the housing "inance compan$ or "or the correctness o" an$ o"
the statements or the representations made or opinions e+pressed #$ the housing
"inance compan$< and "or repa$ment o" deposit' discharge o" lia#ilities #$ the
housing "inance compan$<
(6) the in"ormation relating to and the aggregate dues "rom the "acilities, #oth "und and
non@"und #ased, e+tended to, and the aggregate dues "rom companies in the same
group or other entities or #usiness %entures in which the directors and'or the housing
"inance compan$ are'is holding su#stantial interest and the total amount o" e+posure
to such entities<
(7) at the end o" application "orm #ut #e"ore signature o" the depositor, the "ollowing
%eri"ication clause #$ the depositor shall #e appended* 86 ha%e gone through the
"inancial and other statements' particulars'representations "urnished' made #$ the
housing "inance compan$ and a"ter care"ul consideration 6 am making the deposit
with the housing "inance compan$ at m$ own risk and %olition*
Inro/ucion o% /eposiors
7& A%er$ housing "inance compan$ shall o#tain proper introduction o" new depositors #e"ore
opening their accounts and accepting the deposits, and shall keep on its record the e%idence
on which it has relied "or the purpose o" such introduction*
ExplanationD
For the purpose o" this paragraph, introduction shall mean identi"ication o" the prospecti%e
depositor and ma$ #e done either #$ one o" the e+isting depositors or on the #asis o" an$ one
o" 6ncome 1a+ =ermanent (ccount Num#er =(N!, Alection 6dentit$ Card, =assport, or
)ation Card*
Furnishing o% receips o /eposiors
8& 1! A%er$ housing "inance compan$ shall "urnish to e%er$ depositor or his agent, unless, it
has done so alread$, a receipt "or e%er$ amount which has #een or which ma$ #e recei%ed #$
the housing "inance compan$ #$ wa$ o" deposit #e"ore or a"ter the date o" commencement o"
these Directions*
2! 1he said receipt should #e dul$ signed #$ an o""icer entitled to act "or the housing "inance
compan$ in this #ehal" and shall state the date o" deposit, the name o" depositor, the amount
in words and "igures recei%ed #$ the housing "inance compan$ #$ wa$ o" deposit, rate o"
interest pa$a#le thereon and the date on which the deposit is repa$a#le*
=ro%ided that, i" such receipts pertain to 6nstallments su#se&uent to the "irst installment o" a
recurring deposit it ma$ contain onl$ name o" the depositor's, date and amount o" deposit*
'egiser o% /eposis
9& 1! A%er$ housing "inance compan$ shall keep one or more registers in which shall #e
entered separatel$ in the case o" each depositor or group o" Coint depositors the "ollowing
particulars, namel$,
(1) name and address o" the depositor or group o" Coint depositors, their nominees,
(2) date and amount o" each deposit,
(3) duration and due date o" each deposit,
(4) date and amount o" accrued interest or premium on each deposit,
(5) date and amount o" each repa$ment, whether o" principal, interest or premium,
(6) date o" claim made #$ the depositor,
(7) the reasons "or dela$ in repa$ment #e$ond "i%e working da$s, and
(8) an$ other particulars relating to the deposits*
(2) 1he register or registers a"oresaid shall #e kept at each #ranch in respect o" the deposit
accounts opened #$ that #ranch o" the housing "inance compan$ and a consolidated register
"or all the #ranches taken together at the registered o""ice o" the housing "inance compan$
and shall #e preser%ed in good order "or a period o" not less than eight $ears "ollowing the
"inancial $ear in which the latest entr$ is made o" the repa$ment or renewal o" an$ deposit o"
which particulars are contained in the registerD
=ro%ided that, i" the housing "inance compan$ keeps the #ooks o" account re"erred to in su#@
section 1! o" :ection 20- o" the Companies (ct, 1-0> 1 o" 1-0>! at an$ place other than its
)egistered 2""ice in accordance with the pro%isions to that su#@section, it shall #e su""icient
compliance with this su#@paragraph i" the register a"oresaid is kept at such other place,
su#Cect to the condition that the housing "inance compan$ deli%ers to the National Housing
Bank a cop$ o" the notice "iled with the )egistrar under the pro%iso to the said su#@section
within se%en da$s o" such "iling*
In%ormaion o 0e inc.u/e/ in he Boar/:s 'epor
$#& 1! 6n e%er$ report o" the Board o" Directors laid #e"ore the housing "inance compan$ in a
general meeting under su#@section 1! o" :ection 21/ o" the companies (ct, 1-0> 1 o" 1-0>!
a"ter the date o" commencement o" these Directions there shall #e included, the "ollowing
particulars or in"ormation, namel$D
(1) the total num#er o" accounts o" pu#lic deposit o" the housing "inance compan$ which
ha%e not #een claimed #$ the depositors or not paid #$ the housing "inance compan$
a"ter the date on which the deposit #ecame due "or re@pa$ment< and
(2) the total amounts due under such accounts remaining unclaimed or unpaid #e$ond
the dates re"erred to in clause a! as a"oresaid*
(2) 1he said particulars or in"ormation shall #e "urnished with re"erence to the position as on
the last date o" the "inancial $ear to which the report relates and i" the amounts remaining
unclaimed or undis#ursed as re"erred to in clause #! o" the preceding su#@paragraph e+ceed
in the aggregate the sum o" rupees "i%e lakhs, there shall also #e included in the report a
statement on the steps taken or proposed to #e taken #$ the Board o" Directors "or the
repa$ment o" the amounts due to the depositors or group o" Coint depositors and remaining
unclaimed or undis#ursed*
Cei.ing on he rae o% ineres an/ 0ro;erage an/ ineres on o<er/ue pu0.ic /eposis
$$& 1! a! 2n and "rom >
th
Jul$, 200/ no housing "inance compan$ shall in%ite or accept or
renew an$ pu#lic deposit at a rate o" interest e+ceeding twel%e and hal" per cent per annum
such interest #eing pa$a#le or compounded at rests which should not #e shorter than monthl$
rests*
#! 2n and "rom 20
th
:eptem#er 200,, no housing "inance compan$ shall in%ite or accept or
renew repatria#le deposits "rom non@resident 6ndians in terms o" Noti"ication No*
FAB(*0'2000@)B dated Ba$ 0,, 2000 under Non@)esident A+ternal! (ccount :cheme at a
rate e+ceeding the rates speci"ied #$ the )eser%e Bank o" 6ndia "or such deposits with
scheduled commercial #anks*
A+planationD 1he period o" deposits shall not #e less than one $ear and not more than three
$ears*
c! No housing "inance compan$ shall pa$ to an$ #roker on pu#lic deposit collected #$ or
through him,
(1) #rokerage, commission, incenti%e or an$ other #ene"it #$ whate%er name called in e+cess
o" two per cent o" the deposit so collected<
(2) e+penses #$ wa$ o" reim#ursement on the #asis or relati%e %ouchers'#ills produced #$
him, in e+cess o" 0*0O o" the deposit so collected*
2! Payment of interest on overdue deposit ) ( housing "inance compan$ ma$, at its
discretion, allow interest on an o%erdue pu#lic deposit or a portion o" the said o%erdue
deposit "rom the date o" maturit$ o" the deposit su#Cect to the conditions that @
(1) the total amount o" o%erdue deposit or the part thereo" is renewed in accordance with
other rele%ant pro%isions o" these Directions, "rom the date o" its maturit$ till some
"uture date, and
(2) the interest allowed shall #e at the appropriate rate operati%e on the date o" maturit$
o" such o%erdue deposit which shall #e pa$a#le onl$ on the amount o" deposit so
renewedD
=ro%ided that where a housing "inance
compan$ "ails to repa$ the deposit along with
interest on maturit$ on the claim made #$ the
depositor, the housing "inance compan$ shall
pa$
interest "rom the date o" claim till the date o" repa$ment at the rate as applica#le to the
deposit*
Genera. pro<isions regar/ing repa1men o% /eposis
$"& i! No housing "inance compan$ shall repa$ an$ pu#lic deposit within a period o" three
months "rom the date o" its acceptance*
ii! Where a housing "inance compan$ at the re&uest o" depositor's repa$s a pu#lic deposit
a"ter the period indicated in clause i! a#o%e #ut #e"ore its maturit$, it shall pa$ interest at the
"ollowing rateD
a! minimum lock in period three months
#! a"ter three months #ut #e"ore si+ no interest
months
(3) ("ter si+ months #ut #e"ore the date o"
maturit$*
1he interest
pa$a#le shall #e
two percent lower
than the interest
rate applica#le to
a pu#lic deposit
"or the period "or
which the deposit
has run or i" no
rate has #een speci"ied
"or that period, then
three percent lower
than the minimum rate
at which the pu#lic
deposits are accepted
#$ that Housing
Finance Compan$*
(3) ( housing "inance
compan$ ma$ grant a loan up to
se%ent$@"i%e percent o" the
amount o" pu#lic deposit to a
depositor a"ter the e+pir$ o"
three months "rom the date o"
pu#lic deposit at a rate o"
interest two percentage points
a#o%e the interest rate pa$a#le
on the pu#lic deposit*
(4) 6t is o#ligator$ on the part
o" a housing "inance compan$
to intimate the details o"
maturit$ o" the deposit to the
depositor at least two months
#e"ore the date o" maturit$ o"
the deposit*
(5) all deposit accounts
standing to the credit o"
sole'"irst named depositor in the
same capacit$ shall #e clu##ed
and treated as one deposit
account "or the purpose o"
premature repa$ment*
(6) =ro%ided that in the e%ent
o" death o" a depositor, the
pu#lic deposit ma$ #e paid
prematurel$ to the sur%i%ing
depositor's in the case o" Coint
holding
with the
sur%i%or
clause, or
to the
nominee or
legal heir's
with
interest at
the
contracted
rate up to
the date o"
repa$ment*
(7) For
the
purpose,
housing
"inance
companies
are
classi"ied
into two
categories
%i4* a
pro#lem
housing
"inance
compan$
and a
normall$
run housing
"inance
compan$* (
housing
"inance
compan$,
which is
normall$ run
housing
"inance
compan$, with
e""ect "rom the
date o" this
noti"ication,
can permit
premature
repa$ment o"
a pu#lic
deposit a"ter
the lock@in
period at its
sole discretion
onl$ and
premature
closure cannot
#e claimed as
a matter o"
right #$ the
depositors*
1he pro#lem
housing
"inance
companies ha%e #een prohi#ited
"rom making premature
repa$ment o" an$ pu#lic
deposits or granting an$ loan
against pu#lic deposits e+cept
in the case o" death o" the
depositor or in the case o" tin$
deposit up to )s*10,000'@ in
entiret$ or to ena#le the
depositor to meet e+penses o"
an emergent nature up to an
amount not e+ceeding
)s*10,000'@*
( pro#lem housing "inance
compan$ is one whichD
(1) has re"used or "ailed to
meet within "i%e
working da$s an$ law"ul
demand "or repa$ment
o" the matured pu#lic
deposits< or
(2) intimates the Compan$
Faw Board under
section 0.(( o" the
Companies (ct, 1-0>,
a#out its de"ault to a
small depositor in
repa$ment o" an$ pu#lic
deposit or part
thereo" or an$ interest thereupon< or
(3) approaches the Bank "or withdrawal o" the li&uid asset securities to meet its deposit
o#ligations< or closure
(4) approaches the Bank "or an$ relie" or rela+ation or e+emption "rom the pro%isions o"
these directions "or a%oiding de"ault in meeting pu#lic deposit or other o#ligations< or
has #een identi"ied #$ the National Housing Bank to #e a pro#lem housing "inance compan$
either suo moto or #ased on the complaints "rom the depositors a#out non@repa$ment o"
pu#lic deposits or on complaints "rom the compan$Hs lenders a#out non@pa$ment o" dues*
'ene=a. o% pu0.ic /eposi 0e%ore mauri1
$3& Where an$ housing "inance compan$ permits an e+isting depositor to renew his pu#lic
deposit #e"ore maturit$ "or a%ailing the #ene"it o" higher rate o" interest, such compan$ shall
pa$ the depositor the increase in the rate o" interest pro%ided,
(1) the pu#lic deposit is renewed in accordance with the other pro%isions o" these
directions and "or a period longer than the remaining period o" the original contract<
and
(2) the interest on the e+pired period o" the pu#lic deposit is reduced #$ one percentage
point "rom the rate at which the housing "inance compan$ would ha%e ordinaril$ paid,
had the deposit #een accepted "or the period "or which such pu#lic deposit had run< an$
interest paid earlier in e+cess o" such reduced rate is reco%ered'adCusted*
Sa%e cuso/1 o% appro<e/ securiies
$>& 1! A%er$ housing "inance compan$ shall entrust to one o" the scheduled commercial
#anks designated #$ it on that #ehal", in the place where the registered o""ice o" the housing
"inance compan$ is situated, the unencum#ered appro%ed securities re&uired to #e maintained
#$ it in pursuance o" :ection 2-B o" the National Housing Bank (ct, 1-./<
=ro%ided that where a housing "inance compan$ intends to entrust these securities to the
:tock Holding Corporation o" 6ndia Ftd* or to its designated #ankers at a place other than the
place at which its registered o""ice is situated or to keep them in the "orm o" ConstituentHs
:u#sidiar$ 3eneral Fedger (ccount with a schedule commercial #ank, or with a depositor$
participant registered with :ecurities and A+change Board o" 6ndia esta#lished under
:ecurities and A+change Board o" 6ndia (ct, 1--2 10 o" 1--2!, it shall o#tain the prior
appro%al in writing, o" the National Housing Bank*
2! the securities mentioned in su#@paragraph 1! a#o%e shall continue to #e entrusted to such
designated #anker or to the :tock Holding Corporation o" 6ndia Ftd* or the depositor$
participant or held in the constituentHs su#sidiar$ 3eneral Fedger (ccount with the scheduled
commercial #ank "or the #ene"it o" the depositors and shall not #e withdrawn or encashed or
otherwise dealt with #$ the housing "inance compan$ e+cept "or repa$ment to the depositors*
=ro%ided that,
(1) a housing "inance compan$ shall #e entitled to withdraw a portion o" such securities
proportionate to the reduction o" its deposits dul$ certi"ied to that e""ect #$ its auditors<
(2)where the housing "inance compan$ intends to su#stitute such securities, it ma$ do so #$
entrusting su#stitute securities o" e&ual %alue to the designated #ank #e"ore such withdrawal*
A+planation
Gscheduled commercial #ankH means a #ank included in the :econd :chedule to the )eser%e
Bank o" 6ndia (ct, 1-,; 2 o" 1-,;! e+cluding a )egional )ural Bank or a Co@operati%e
Bank*
Creaion o% F.oaing Charge in %a<our o% he Deposiors
$5* (ll Housing Finance Companies accepting'holding pu#lic deposits shall create "loating
charge on the assets in%ested #$ them in terms o" su#@sections 1! and 2! o" :ection 2-B o"
the National Housing Bank (ct, 1-./ in "a%our o" their depositors in a manner as ma$ #e
prescri#ed #$ National Housing Bank "rom time to time, in this #ehal"*
+mp.o1ee Securi1 Deposi
$6& ( housing "inance compan$ recei%ing an$ amount in the ordinar$ course o" its #usiness as
securit$ deposit "rom an$ o" its emplo$ees "or due per"ormance o" his duties shall keep such
amount in an account with a scheduled commercial #ank or in a post o""ice in the Coint names
o" the emplo$ee and the housing "inance compan$ on the conditions that @
(1) it shall not withdraw the amount without the consent in writing o" the emplo$ee< and
(2) the amount shall #e repa$a#le to the emplo$ee along with interest pa$a#le on such
deposit account unless such amount or an$ part thereo" is lia#le to #e appropriated #$ the
housing "inance compan$ "or the "ailure on the part o" the emplo$ee "or due per"ormance
o" his duties*
A/<erisemens an/ saemen in .ieu o% a/<erisemen
$7& 1! A%er$ housing "inance compan$ soliciting pu#lic deposits shall compl$ with the
pro%isions o" the Non@Banking Financial Companies and Biscellaneous Non@Banking
Companies (d%ertisement! )ules, 1-// and shall also speci"$ in e%er$ ad%ertisement to #e
issued thereunder, the "ollowing D
(1) the actual rate o" return #$ wa$ o" interest, premium, #onus or other ad%antage to the
depositors<
(2) the mode o" pa$ment to the depositors<
(3) maturit$ period o" deposits<
(4) the interest pa$a#le on a speci"ied deposit<
(5) the rate o" interest which will #e pa$a#le to the depositors in case the depositor
withdraws the deposit prematurel$<
(6) the terms and conditions su#Cect to which a deposit will #e renewed<
(7) an$ other special "eatures relating to the terms and conditions su#Cect to which the
deposits are accepted' renewed< and
(8) the in"ormation, relating to the aggregate dues including the non@"und #ased
"acilities! pro%ided to' "rom companies in the same group or other entities or
#usiness %entures in which the directors and' or the housing "inance compan$ are
holding su#stantial interest and the total amount o" e+posure to such entities*
(2) Where a housing "inance compan$ intends to accept pu#lic deposits without in%iting or
allowing or causing an$ other person to in%ite such deposits, it shall, #e"ore accepting
deposits, deli%er to the o""ice o" the National Housing Bank at New Delhi "or registration, a
statement in lieu o" ad%ertisement containing all the particulars re&uired to #e included in the
ad%ertisement pursuant to the Non@Banking Financial Companies and Biscellaneous Non@
Banking Companies (d%ertisement! )ules, 1-// as also the particulars stated in su#@
paragraph 1! hereina#o%e, dul$ signed in the manner pro%ided in the a"oresaid )ules*
(3)( statement, deli%ered under su#@paragraph 2! shall #e %alid till the e+pir$ o" si+ months
"rom the date o" closure o" the "inancial $ear in which it is so deli%ered, or until the date on
which the #alance sheet is laid #e"ore the annual general meeting, or where the annual
general meeting "or an$ $ear has not #een held, the latest da$ on which that meeting should
ha%e #een held in accordance with the pro%isions o" the Companies (ct, 1-0>1 o" 1-0>!,
whiche%er is earlier and a "resh statement shall #e deli%ered in each succeeding "inancial $ear
#e"ore accepting deposits in that "inancial $ear*
Fu.. co<er %or pu0.ic /eposis
$8& HFCs should ensure that at all times there is "ull co%er a%aila#le "or pu#lic deposits
accepted #$ them* While calculating this co%er the %alue o" all de#entures secured and
unsecured! and outside lia#ilities other than the aggregate lia#ilities to depositors ma$ #e
deducted "rom the total assets* Further, the assets should #e e%aluated at their #ook %alue or
reali4a#le'market %alue whiche%er is lower "or this purpose*
*rior appro<a. %or ac?uisiion or rans%er o% conro. o% /eposi a;ing housing %inance
companies
$9& (n$ takeo%er or ac&uisition o" control o" a deposit taking housing "inance compan$,
whether #$ ac&uisition o" shares or otherwise, or an$ merger or amalgamation o" a deposit
taking housing "inance compan$ with another entit$, or an$ merger or amalgamation o" an
entit$ with a deposit taking housing "inance compan$, shall re&uire prior appro%al o" the
National Housing Bank in writing*
App.icaion o% oher .a=s no 0arre/
"#& 1he pro%isions o" paragraph 1- shall #e in addition to, and not in derogation o" the
pro%isions o" an$ other law, rules, regulations or directions, "or the time #eing in "orce*
C.osure o% Branches
"$& No housing "inance compan$ accepting deposits shall close its #ranch'o""ice without
pu#lishing such intention in an$ one national le%el newspaper and in one %ernacular
newspaper in circulation in the rele%ant place and without ad%ising National Housing Bank,
#e"ore ninet$ da$s o" the proposed closure*
CHA*T+' III , *'UD+NTIAL NO')S
Income recogniion
""* 1! 6ncome recognition shall #e #ased on recognised accounting principles*
(2) 6ncome including interest'discount or an$ other charges on N=( shall #e recognised onl$
when it is actuall$ realised* (n$ such income recognised #e"ore the asset #ecame non@
per"orming and remaining unrealised shall #e re%ersed*
(3) 6n respect o" hire purchase assets, where instalments are o%erdue "or more than twel%e
months, income shall #e recognised onl$ when hire charges are actuall$ recei%ed* (n$ such
income taken to the credit o" pro"it and loss account #e"ore the asset #ecoming non@
per"orming and remaining unrealised, shall #e re%ersed*
(4) 6n respect o" lease assets, where lease rentals are o%erdue "or more than twel%e months,
the income shall #e recognised onl$ when lease rentals are actuall$ recei%ed* 1he net lease
rentals taken to the credit o" pro"it and loss account #e"ore the asset #ecame non@per"orming
and remaining unrealised shall #e re%ersed*
A+planationD For the purpose o" this paragraph, Gnet lease rentalsH mean gross lease rentals as
adCusted #$ the lease adCustment account de#ited'credited to the pro"it and loss account and
as reduced #$ depreciation at the rate applica#le under schedule P67 o" the Companies (ct,
1-0>
Income %rom in<esmens
"3*1! 6ncome "rom di%idend on shares o" corporate #odies and units o" mutual "unds shall #e
taken in to account on cash #asisD
=ro%ided that the income "rom di%idend on shares o" corporate #odies ma$ #e taken into
account on accrual #asis when such di%idend has #een declared #$ the corporate #od$ in its
annual general meeting and the housing "inance compan$Hs right to recei%e pa$ment is
esta#lished*
2! 6ncome "rom #onds and de#entures o" corporate #odies and "rom 3o%ernment
securities'#onds ma$ #e taken into account on accrual #asisD
=ro%ided that the interest rate on these instruments is predetermined and interest is ser%iced
regularl$ and is not in arrears*
,! 6ncome on securities o" corporate #odies or pu#lic sector undertakings, the pa$ment o"
interest and repa$ment o" principal o" which ha%e #een guaranteed #$ the Central
3o%ernment or a :tate 3o%ernment ma$ #e taken into account on accrual #asis*
Accouning san/ar/s
">* (ccounting :tandards and 3uidance Notes issued #$ the 6nstitute o" Chartered
(ccountants o" 6ndia re"erred to in these directions as 86C(69! shall #e "ollowed inso"ar as
the$ are not inconsistent with an$ o" these directions*
Accouning %or in<esmens
"5* 1! a! 1he #oard o" directors o" e%er$ housing "inance compan$ shall "rame in%estment
polic$ "or the compan$ and implement the same<
(2) 1he criteria to classi"$ the in%estments into current and long term in%estments shall #e
spelt out #$ the Board o" the compan$ in the in%estment polic$<
(3) 6n%estment in securities shall #e classi"ied into current and long term, at the time o"
making each in%estment<
(4) i! 1here shall #e no inter@class trans"er on ad@hoc #asis<
(2) 1he inter@class trans"er, i" warranted, shall #e e""ected onl$ at the #eginning o" each
hal" $ear, on (pril 1 or octo#er1, with the appro%al o" the Board<
(3) 1he in%estments shall #e trans"erred scrip wise, "rom current to long@term or %ice@
%ersa, at #ook %alue or market %alue, whiche%er is lower< and
(4) 1he depreciation, i" an$, in each scrip shall #e "ull$ pro%ided "or and appreciation, i"
an$, shall #e ignored<
(22) 1he depreciation in one scrip shall not #e set o"" against appreciation in another
scrip at the time o" such inter@class trans"er, e%en in respect o" the scrip o" same
categor$*
(2) ( long term in%estment shall #e %alued in accordance with the (ccounting :tandard
issued #$ 6C(6*
(3) Quoted current in%estments shall, "or the purpose o" %aluation, #e grouped into the
"ollowing categories, %i4*,
(1) e&uit$ shares,
(2) pre"erence shares,
(3) de#entures and #onds,
(4) 3o%ernment securities including treasur$ #ills,
(5) units o" mutual "und, and
(6) others*
Quoted current in%estments "or each categor$
shall #e %alued at cost or market %alue,
whiche%er is lower* For this purpose, the
in%estments in each categor$ shall #e
considered scrip@wise and the cost and market
%alue aggregated "or all in%estments in each
categor$* 6"
the aggregate market %alue "or the categor$ is less than the aggregate cost "or that categor$,
the net depreciation shall #e pro%ided "or or charged to the pro"it and loss account* 6" the
aggregate market %alue "or the categor$ e+ceeds the aggregate cost "or the categor$, the net
appreciation shall #e ignored* Depreciation in one categor$ o" in%estments shall not #e set o""
against appreciation in another categor$*
(4) 5n&uoted e&uit$ shares in the nature o" current in%estments shall #e %alued at cost or
#reakup %alue, whiche%er is lower* Where the #alance sheet o" the in%estee compan$ is not
a%aila#le "or two $ears, such shares shall #e %alued at one rupee onl$*
(5)5n&uoted pre"erence shares in the nature o" current in%estments shall #e %alued at cost or
"ace %alue or the net asset %alue whiche%er is less* 6n case the net asset %alue is negati%e or
the #alance sheet o" the in%estee compan$ is not a%aila#le "or two $ears, it should #e %alued
at rupees one per compan$*
(6)6n%estments in un&uoted 3o%ernment securities or 3o%ernment guaranteed #onds shall #e
%alued at carr$ing cost*
(7) 5n&uoted in%estments in the units o" mutual "unds in the nature o" current in%estments
shall #e %alued at the net asset %alue declared #$ the mutual "und in respect o" each particular
scheme*
(8) Commercial papers shall #e %alued at carr$ing cost*
NoteD 5n&uoted de#entures shall #e treated as term loans or other t$pe o" credit "acilities
depending upon the tenure o" such de#entures "or the purpose o" income recognition and
asset classi"ication*
Nee/ %or *o.ic1 on Deman/( Ca.. Loans
"6& 1! 1he Board o" Directors o" e%er$ housing "inance compan$ granting'intending to grant
demand'call loans shall "rame a polic$ "or the compan$ and implement the same*
2! :uch polic$ shall, inter alia, stipulate the "ollowing, @
(1) ( cuto"" date within which the repa$ment o" demand or call loan shall #e demanded or
called up<
(2) 1he sanctioning authorit$ shall, record speci"ic reasons in writing at the time o"
sanctioning demand or call loan, i" the cuto"" date "or demanding or calling up such loan
is stipulated #e$ond a period o" one $ear "rom the date o" sanction<
(3) 1he rate o" interest which shall #e pa$a#le on such loans<
(4) 6nterest on such loans, as stipulated shall #e pa$a#le either at monthl$ or &uarterl$ rests<
(5)1he sanctioning authorit$ shall, record speci"ic reasons in writing at the time o"
sanctioning demand or call loan, i" no interest is stipulated or a moratorium is granted "or
an$ period<
(6) ( cut@o"" date, "or re%iew o" per"ormance o" the loan, not e+ceeding si+ months
commencing "rom the date o" sanction<
%ii! :uch demand or call loans shall not #e renewed unless the periodical re%iew has shown
satis"actor$ compliance with the terms o" sanction*
Asse c.assi%icaion
"7* 1! A%er$ housing "inance compan$ shall, a"ter taking into account the degree o" well
de"ined credit weaknesses and e+tent o" dependence on collateral securit$ "or realisation,
classi"$ its lease'hire purchase assets, loans and ad%ances and an$ other "orms o" credit into
the "ollowing classes, namel$ D@
(1) :tandard assets<
(2) :u#@standard assets<
(3) Dou#t"ul assets< and
(4) Foss assets*
(2) 1he class o" assets re"erred to a#o%e shall not #e upgraded merel$ as a result o"
rescheduling, unless it satis"ies the conditions re&uired "or the upgradation*
[
Loan to Value (LTV) Ratio
27A. No housing finance company shall (i) grant housing loans upto Rs 20 lah to
in!i"i!uals #ith LTV ratio e$cee!ing %0& an! (ii) grant all other housing loans a'o"e
Rs 20 lah to in!i"i!uals #ith LTV ratio e$cee!ing (0&.
)*
*ro<isioning re?uiremen
"8* A%er$ housing "inance compan$ shall, a"ter taking in to account the time lag #etween an
account #ecoming non@per"orming, its recognition as such, the realisation o" the securit$ and
the erosion o%er time in the %alue o" securit$ charged, make pro%ision against su#@standard
assets, dou#t"ul assets and loss assets as pro%ided hereunderD@
2
,oans, %dvances and 3ther &redit /acilities *ncluding 4ills Purchased and Discounted
1! 1he pro%isioning re&uirement in respect o" loans, ad%ances and other credit "acilities
including #ills purchased and discounted shall #e as underD@
i! Foss (ssets 1he entire assets shall #e written o""* 6" the assets are
permitted to remain in the #ooks "or an$ reason, 100O o"
the outstandings shall #e pro%ided "or*
ii! Dou#t"ul (ssets a! 100O pro%ision to the e+tent to which the ad%ance is
not co%ered #$ the realisa#le %alue o" the securit$ to which
the housing "inance compan$ has a %alid recourse shall #e
made* 1he realisa#le %alue is to #e estimated on a realistic
#asis<
#! in addition to item a! a#o%e, depending upon the period
"or which the asset has remained dou#t"ul, pro%ision to the
e+tent o" 20O to 100O o" the secured portion i*e*
estimated realisa#le %alue o" the outstandings! shall #e
made on the "ollowing #asisD@
Period for which the asset has " of provision
been considered as doubtful
5p to one $ear 20
2ne to three $ears ;0
Bore than three $ears 100
1
6nserted #$ NHB*HFC*D6)*2'CBD'2010 dated
2;
th
Decem#er, 2010, pu#lished in the 3a4ette o"
6ndia, =art 666 :ection ; dated 10
th
Januar$, 2011*
iii! :u#@standard ( general pro%ision o" 10O o" total outstanding shall #e
(ssets made
(4) :tandard (ssets
(1) +tan!ar! Assets in
respect of housing
loans at teaser,special
rates i.e. housing loans
at comparati"ely lo#er
rates of interest in the
first fe# years after
#hich rates are re-set
at higher rates.
J#! +tan!ar! Assets in
respect of commercial
real estates (office
'uil!ings. retail space.
multi-purpose
commercial premises.
multi-family resi!ential
'uil!ings. multi-tenante!
commercial premises.
in!ustrial or #arehouse
space. hotels.
lan!
ac/uisition.
!e"elopment
an!
construction
etc.)
2& pro"ision
on the total
outstan!ing
amount of
such loans.
The
pro"isioning
of these loans
to 'e re-set
after one year
at the
applica'le
rates from the
!ate on #hich
the rates are
re-set at
higher rates if
the accounts
remain
0stan!ar!1.)
*
*.00& on
the total
outstan!ing
amount of
such loans
(3) +tan!ar!
Assets in
respect of all
loans other
than (a)
2 (')
a'o"e
A
general
pro"ision
of 0.3&
of the
total
outstan!ing
amount of
loans #hich
are stan!ar!
assets
1
:u#stituted #$
NHB*HFC*D6)*
,'CBD'2011
dated (ugust 0,
2011 pu#lished
in the
3a4ette
o" 6ndia,
=art 666
:ection ;
dated
(ugust
2/, 2011*
=rio
r to
its
su#s
titut
ion,
su#@
para
graph 1
read as
under<
8,oans,
%dvances
and 3ther
&redit
/acilities
*ncluding
4ills
Purc
hase
d
and
Disc
ount
ed
1! 1he pro%isioning
re&uirement in
respect o" loans,
ad%ances and other
credit "acilities
including #ills
purchased and
discounted shall #e
as underD
i! Foss (ssets 1he entire assets shall #e written o""* 6" the assets are permitted to remain in the #ooks "or
an$ reason, 100O o" the outstandings shall #e pro%ided "or*
ii! Dou#t"ul a! 100O pro%ision to the e+tent to which the ad%ance is not co%ered #$ the realisa#le
(ssets %alue o" the securit$ to which the housing "inance compan$ has a %alid recourse shall #e
made* 1he realisa#le %alue is to #e estimated on a realistic #asis<
#! in addition to item a! a#o%e, depending upon the period "or which the asset has
remained dou#t"ul, pro%ision to the e+tent o" 20O to 00O o" the secured portion i*e*
estimated realisa#le %alue o" the outstandings! shall #e made on the "ollowing #asisD@
Period for which the asset " of provision
has been considered as
doubtful
5p to one $ear 20
2ne to three $ears ,0
Bore than three $ears 00
iii! :u#@standard ( general pro%ision o" 10O o" total outstanding shall #e made
(ssets
i%! :tandard ( general pro%ision o" 0*;O o" the total outstanding amount o" non@housing loans which are
(ssets in standard assets shall #e made*9
respect o"
non@housing
loans
shall 'e ma!e)
*
,ease and hire purchase assets
2! 1he pro%isioning re&uirements in respect o" hire purchase and leased assets shall #e as
underD@
Hire purchase assets
i! 6n respect o" hire purchase assets, the total dues o%erdue and "uture installments taken
together! as reduced #$ the "inance charges not credited to the pro"it and loss account and
carried "orward as unmatured "inance charges and the depreciated %alue o" the underl$ing
asset, shall #e pro%ided "or*
A+planation
For this purpose, the depreciated %alue o" the asset shall #e notionall$ computed as the
original cost o" the asset to #e reduced #$ depreciation at the rate o" 20 percent per annum
on a straight line method* 6n the case o" second hand asset, the original cost shall #e the
actual cost incurred "or ac&uisition o" such second hand asset*
(dditional pro%ision "or Hire =urchase and Feased assets
ii! 6n respect o" hire purchase and leased assets, additional pro%ision shall #e made as under D
a! Where an$ amounts o" hire charges or lease rentals are
o%erdue up to 12 months Nil
#! Where an$ amounts o" hire charges or lease rentals are 10O o" the net
o%erdue "or more than 12 months #ut up to 2; months #ook %alue
c! Where an$ amounts o" hire charges or lease rentals are ;0O o" the net
o%erdue "or more than 2; months #ut up to ,> months #ook %alue
d! Where an$ amounts o" hire charges or lease rentals are /0O o" the net
o%erdue "or more than ,> months #ut upto ;. months #ook %alue
e! Where an$ amounts o" hire charges or lease rentals are 100O o" the net
o%erdue "or more than ;. months #ook %alue
iii! 2n e+pir$ o" a period o" 12 months a"ter the due date o" the last installment o" hire
purchase' leased asset, the entire net #ook %alue shall #e "ull$ pro%ided "or*
N21A:
1! 1he amount o" caution mone$'margin mone$ or securit$ deposits kept #$ the #orrower
with the housing "inance compan$ in pursuance o" the hire purchase agreement ma$ #e
deducted against the pro%isions stipulated under clause i! a#o%e, i" not alread$ taken into
account while arri%ing at the e&uated monthl$ installments under the agreement* 1he %alue o"
an$ other securit$ a%aila#le in pursuance to the hire purchase agreement ma$ #e deducted
onl$ against the pro%isions stipulated under clause ii! a#o%e*
1
:u#stituted #$ NHB*HFC*D6)* ; ' CBD'2012 dated Januar$ 1- , 2012 pu#lished in the 3a4ette o" 6ndia,
=art 666 :ection ; dated Fe#ruar$ 1. , 2012* =rior to its su#stitution, clause i%!, "or su#@clause #! as inserted
#$ NHB*HFC*D6)* ,'CBD'2011 read as under<
8i%! :tandard (ssets in respect o" non@housing loans
(
general
pro%isio
n o"
0*;O o" the total
outstanding amount o"
non@housing loans which
are standard assets shall #e
made*9
(2)1he amount o" securit$ deposits kept #$ the #orrower with the housing "inance compan$
in pursuance to the lease agreement together with the %alue o" an$ other securit$ a%aila#le in
pursuance to the lease agreement ma$ #e deducted onl$ against the pro%isions stipulated
under clause ii! a#o%e*
(3)6t is clari"ied that income recognition on and pro%isioning against N=(s are two di""erent
aspects o" prudential norms and pro%isions as per the norms are re&uired to #e made on N=(s
on total outstanding #alances including the depreciated #ook %alue o" the leased asset under
re"erence a"ter adCusting the #alance, i" an$, in the lease adCustment account* 1he "act that
income on N=( has not #een recognised cannot #e taken as reason "or not making pro%ision*
(4)(n asset which has #een re@negotiated or rescheduled as re"erred to in paragraph 21!4c!
o" these directions shall #e a su#@standard asset or continue to remain in the same categor$ in
which it was prior to its re@negotiation or reschedulement as a dou#t"ul asset or a loss asset as
the case ma$ #e* Necessar$ pro%ision is re&uired to #e made as applica#le to such asset till it
is upgraded* 6n case where an asset has #een rescheduled on account o" natural calamities
ha%ing impaired the repa$ing capacit$ o" the #orrower as pro%ided in second pro%iso to
paragraph 21!4c!, an$ pro%isioning made prior to such rescheduling shall neither #e written
#ack nor adCusted against an$ pro%isioning re&uirements that ma$ arise in "uture*
(5)(ll "inancial leases written on or a"ter (pril 1, 2002 attract the pro%isioning re&uirements
as applica#le to hire purchase assets*
J
>! 1he general pro%ision o" 0*;Oo" the total outstanding amount o" loans shall not #e
reckoned "or arri%ing at net N=(s*
/! 1he pro%isions towards :tandard (ssets need not #e netted "rom gross ad%ances #ut
shown separatel$ as GContingent =ro%isions against :tandard (ssetsH in the #alance sheet*
K1
Disc.osure in 0a.ance shee
"9* 1! A%er$ HFC shall, separatel$ disclose in its #alance sheet the pro%isions made as per
paragraph 2. a#o%e without netting them "rom the income or against the %alue o" assets*
(2) 1he pro%isions shall #e distinctl$ indicated under separate heads o" accounts separatel$
"or housing and non@housing "inance #usiness and indi%iduall$ "or each t$pe o" assets as
underD@
(1) pro%isions "or su#@standard, #ad and dou#t"ul and loss assets< and
(2) pro%isions "or depreciation in in%estments
(3) :uch pro%isions shall not #e appropriated "rom the general pro%isions and loss reser%es
held, i" an$, #$ the housing "inance compan$*
(4) :uch pro%ision "or each $ear shall #e de#ited to the pro"it and loss account* 1he e+cess o"
pro%isions, i" an$, held under the heads general pro%isions and loss reser%es ma$ #e written
#ack without making adCustment against them*
(5) A%er$ housing "inance compan$ shall, separatel$ disclose, in the GNotes on (ccountsH to
the Balance :heet in its ne+t (nnual )eport,
(1) the details o" the le%$ o" penalt$, i" an$, imposed on the housing "inance compan$ #$
the National Housing Bank< and
1
6nserted #$ NHB*HFC*D6)*,'CBD'2011 dated
(ugust 0, 2011 pu#lished in the 3a4ette o" 6ndia, =art 666 :ection ; dated (ugust 2/, 2011*
(2) ad%erse comments, i" an$, on the housing "inance compan$ made in writing #$ the
National Housing #ank on regulator$ compliances, with a speci"ic communication to
the housing "inance compan$ to disclose the same to the pu#lic*
'e?uiremen as o Capia. A/e?uac1
3#* 1! A%er$ housing "inance compan$ shall, maintain a minimum capital ratio consisting o"
1ier@6 and 1ier@66 capital which shall not #e less than@
(1) ten percent on or #e"ore Barch ,1, 2001< and
(2) twel%e percent @on or #e"ore Barch ,1, 2002 and therea"ter*
o" its aggregate risk weighted assets and o" risk adCusted %alue o" o""@#alance sheet items*
2! 1he total 1ier@66 capital, at an$ point o" time, shall not e+ceed one hundred percent o"
1ier@6 capital*
A+planationsD
3n balance sheet assets
1! 6n these Directions, degree o" credit risk e+pressed as percentage weightages ha%e #een
assigned to #alance sheet assets* Hence, the %alue o" each asset'item re&uires to #e multiplied
#$ the rele%ant risk weights to arri%e at risk adCusted %alue o" assets* 1he aggregate shall #e
taken in to account "or reckoning the minimum capital ratio* 1he risk weighted asset shall #e
calculated as the weighted aggregate o" "unded items as detailed hereunderD
5eighted ris6 assets ) 3n balance +heet items " 5eight
1! Cash and #ank #alances including "i+ed deposits and 0
certi"icates o" deposits with #anks
(2) 6n%estmentsD
a! (ppro%ed securities as de"ined in the National Housing 0
Bank (ct, 1-./
#! Bonds o" pu#lic sector #anks and "i+ed 20
deposits'certi"icates o" deposits'#onds o" pu#lic "inancial
institutions
c! 5nits o" 5nit 1rust o" 6ndia 20
d! Bortgage #acked securit$, receipt or other securit$ 00
e%idencing the purchase or ac&uisition #$ a housing
"inance compan$ o" an undi%ided right, title or interest in
an$ de#t or recei%a#le originated #$ a housing "inance
compan$ recognised and super%ised #$ National Housing
Bank or a scheduled commercial #ank and secured #$
mortgage o" residential immo%a#le propert$, pro%ided the
conditions speci"ied #elow in Note ;! are "ul"illed*
e! :hares o" all companies and de#entures'#onds' commercial 100
papers o" companies other than in #! a#o%e'units o" mutual
"unds other than in c! a#o%e*
"! HFCHs in%estments in inno%ati%e perpetual de#t o" other 100
HFCs' #anks' "inancial institutions*
,! a! Housing' =roCect Foans guaranteed #$ Central' :tate 0
3o%ernments*
NoeA Where guarantee has #een in%oked and the
concerned 3o%ernment has remained in de"ault "or a
period o" more than -0 da$s a"ter the in%ocation o" the
guarantee, a risk weight o" 100O should #e assigned*
2) #!i! Housing loans sanctioned to indi%iduals up to )s* ,0
lakhs secured #$ mortgage o" immo%a#le propert$, which 00
are classi"ied as standard assets with F17 )atio is R or S
/0O
J
#!ii! 4ousing loans sanctione! to in!i"i!uals a'o"e
/0 50 lah 'ut 'elo# Rs. 76 lah secure! 'y mortgage of
immo"ea'le property #hich are classifie! as stan!ar!
assets #ith LTV ratio is 7 or 8 76&
#!iii! 4ousing loans sanctione! to in!i"i!uals upto Rs. 76
100 lah secure! 'y mortgage of immo"ea'le property
#hich are classifie! as stan!ar! assets #ith LTV ratio
is 9 76&
#!i%! 4ousing loans of Rs. 76 lah an! a'o"e. sanctione!
120 to in!i"i!uals irrespecti"e of LTV ratio. secure! 'y
mortgage of immo"ea'le property. #hich are classifie! as
stan!ar! assets
#!%! Loans gi"en for the purpose of insurance of the +ame as
property ,'orro#er in case of in!i"i!ual housing loans applica'le
to the
respecti"e
housing
2 J
2ther housing loans
loan.
)

*
c! 100
NoeA Housing loans re"erred to in item #! and c! a#o%e are
e+cluding an$ portion o" such housing loans guaranteed #$
a mortgage guarantee compan$ registered with the )eser%e
Bank o" 6ndia in accordance with the )eser%e Bank o"
6ndia 3uidelines "or Bortgage 3uarantee Companies*
Ca! (n$ portion o" housing loans re"erred to in item #! and c!
o" su#@e+planation ,! guaranteed #$ mortgage guarantee
compan$ registered with the )eser%e Bank o" 6ndia, the
risk weight assets "or such guaranteed portion shall #e
calculated as O weight mentioned against the rating o" the
mortgage guarantee compan$ as #elowD
1
:u#stituted #$ NHB*HFC*D6)*2'CBD'2010 dated Decem#er 2;, 2010, pu#lished in the 3a4ette o" 6ndia,
=art 666 :ection ; dated Januar$ 10, 2011* =rior to its su#stitution, item co!e an! ris #eight gi"en in the
:n ;alance +heet assets at item (5) (')(ii) 2 (iii) rea! as un!er<
= #!
#!ii! Housing loans sanctioned to indi%iduals upto /0
,0 lakhs secured #$ mortgage immo%ea#le propert$,
which are classi"ied as standard assets
with F17 ratio is R or S /0O
#!iii! Housing loans sanctioned to indi%iduals, 100
irrespecti%e o" the amount, secured #$ mortgage
o" immo%ea#le propert$, which are classi"ied as
standard assets, where F17 ratio
is T /0O9
2 6nserted #$ NHB*HFC*D6)*0'CBD'2012 dated 2.
th
Ba$, 2012 pu#lished in the 3a4ette o" 6ndia, =art 666@ :ec*;
dated Jul$ /,2012*
Fong term ratings o" the mortgage guarantee
compan$ #$ the appro%ed credit rating agencies
re"erred to in paragraph , o" the principal
Directions
((( 20
(( ,0
Below (( or unrated (s applica#le
to
unguaranteed
portion
Where GUH or G@G notation is attached to the rating, the
corresponding main rating categor$ risk weight should #e
used*
When a guaranteed e+posure is classi"ied as non@
per"orming in accordance with the applica#le directions,
the guarantee will cease to #e a credit risk mitigant and no
adCustment would #e permissi#le under this pro%ision*
K
d! i! Fund #ased and non@"und #ased e+posures to 100
commercial real estate o""ice #uildings, retail space,
multi@purpose commercial premises, multi@"amil$
residential #uildings, multi@tenanted commercial
premises, industrial or warehouse space, hotels, land
ac&uisition, de%elopment and construction, etc*!*
ii! 6n%estments in Bortgage Backed :ecurities BB:! and 120
other 20ecogni4ed20 e+posures #acked #$ e+posures as
at i! a#o%e*
(4) Current (ssetsD
a! :tock on hire please see note 2 #elow! 100
#! 6nter corporate loans' deposits 100
c! Foans and ad%ances "ull$ secured #$ compan$Hs own 0
deposits
d! Foan to sta"" 0
e! 2ther secured loans and ad%ance considered good 100
"! Bills purchased' discounted 100
g! 2thers to #e speci"ied! 100
(5) Fi+ed (ssets net o" depreciation!D
a! (ssets leased out net #ook %alue! 100
#! =remises 100
c! Furniture I Fi+tures 100
d! 2ther Fi+ed (ssetsto #e speci"ied! 100
(6) 2ther (ssetsD
a! 6ncome ta+ deducted at source net o" pro%ision! 0
#! (d%ance ta+ paid net o" pro%ision! 0
c! 6nterest due on 3o%ernment :ecurities and appro%ed 0
securities
d! 2thersto #e speci"ied! 100
7otes(
(1)Netting ma$ #e done onl$ in respect o" assets where pro%isions "or depreciation or "or #ad
and dou#t"ul de#ts ha%e #een made*
(2) :tock on hire should #e shown net o" "inance charges i*e* interest and other charges
reco%era#le*
(3) (ssets which ha%e #een deducted "rom owned "und to arri%e at tier@6 capital pursuant to
paragraph 21!4"! will ha%e a weightage o" 809*
(4) For #eing eligi#le "or risk weight o" 00O, in%estments in mortgage #acked securit$,
receipt or other securit$ re"erred to in item d! o" su#@A+planation 2! should "ul"ill the
"ollowing terms and conditions, namel$ D@
(1) 1he assignment o" de#t together with the securities there"or and the recei%a#les
thereunder #$ the originating housing "inance compan$ or scheduled commercial #ank in
"a%our o" the trust or the securitisation compan$ as de"ined in Clause 4a! o" su#@section
(1) o" section 2 o" the :ecuritisation and )econstruction o" Financial (ssets and
An"orcement o" :ecurit$ 6nterest (ct, 20020; o" 2002! issuing such receipt or other
securit$ is complete and irre%oca#le*
(2) 1he trust or the securitisation compan$ is holding the de#t together with the securities
there"or e+clusi%el$ "or the #ene"it o" the in%estors in such receipt or other securit$*
(3) 1he originating housing "inance compan$ or scheduled commercial #ank participating in
the securitisation transaction, in which such mortgage #acked securit$, receipt or other
securit$ has #een issued, as a seller, manager, ser%icer or pro%ider o" credit enhancement
or li&uidit$ "acilities<
(1) does not own an$ e&uit$ or pre"erence share in the capital o" the securitisation
compan$ or is the #ene"iciar$ o" the trust<
(2) has not named the trust or the securitisation compan$ in such manner which implies
an$ connection with it<
(3) does not ha%e an$ o" its director, o""icer or emplo$ee on the Board o" securitisation
compan$ unless the Board is made up o" at least three mem#ers and there is a
maCorit$ o" independent directors and the o""icial representing the originating
institution in the Board o" the securitisation compan$ does not ha%e %eto powers<
(4) does not directl$ or indirectl$ control the trust or the securitisation compan$< and
(5) has not agreed to support an$ losses arising out o" the securitisation transaction or to
#e su""ered #$ the in%estors in%ol%ed in it or agreed to #ear recurring e+penses o" the
transaction*
(4) Aach de#t securitised is a loan ad%anced to an indi%idual "or the ac&uisition' construction
o" residential immo%a#le propert$ which has #een mortgaged in "a%our o" the originating
housing "inance compan$ or scheduled commercial #ank on e+clusi%e #asis*
(5) :ecuritised de#t had in%estment grade credit rating #$ an$ o" the credit rating agencies at
the time o" assignment to the trust' securitisation compan$*
(6) 1he in%estors are entitled to call upon the issuer E the trust' securitisation compan$ to
take steps "or reco%er$ in the e%ent o" de"ault and distri#ute the net proceeds to the
in%estors as per the terms o" issue o" receipt or other securit$*
(7) 1he trust or the securitisation compan$ undertaking the issue in which in%estment has
#een made is not engaged in an$ #usiness other than the #usiness o" issue and
administration o" securitisation o" housing loans*
(8) 1he trustees appointed to manage the issue is go%erned #$ the pro%isions o" 6ndian 1rusts
(ct, 1..2 2 o" 1..2!*
3ff)4alance +heet item
2! 6n these directions, degrees o" credit risk e+posure attached to o""@#alance sheet items
ha%e #een e+pressed as a percentage o" credit con%ersion "actor* Hence the "ace %alue o" each
item re&uires to #e "irst multiplied #$ the rele%ant con%ersion "actor to arri%e at risk adCusted
%alue o" o""@#alance sheet item* 1he aggregate shall #e taken in to account "or reckoning the
minimum capital ratio* 1his shall ha%e to #e again multiplied #$ the risk weight o" 100* 1he
risk weighted %alue o" the o""@#alance sheet items shall #e calculated as per the credit
con%ersion "actors o" non@"unded items as detailed underD@
7ature of *tems credit conversion
factor !"#
i! 5ndis#ursed amounts o" Housing loans 00
sanctioned
ii! Financial I 2ther guarantees 100
iii! :hares' de#entures underwriting o#ligations 00
i%! =artl$@paid shares' de#entures 100
%! Bills discounted' rediscounted 100
%i! Fease contracts entered into #ut $et to #e 100
e+ecuted
%ii! 2ther contingent lia#ilities to #e speci"ied! 00
=ro%ided that in item i! a#o%e, in those cases where no documents are e+ecuted,
no dis#ursement has taken place and in case sanction lapses in course o" time and notice to
that e""ect is ser%ed on prospecti%e #orrower, credit con%ersion "actor shall #e taken as 0O
and in the case o" partl$ dis#ursed housing loans credit con%ersion "actor shall #e taken as
00O*
7ote( &ash margins8 deposits shall be deducted before applying the conversion factor-
'esricions on in<esmen in rea. esae! eBposure o an/ engagemen o% 0ro;ers
3$& ($) INC+ST)+NT IN LAND O' BUILDINGS
No housing "inance compan$, shall in%est in land or #uildings, e+cept "or its own use, an
amount e+ceeding twent$ per cent o" its capital "und,
=ro%ided that such in%estment o%er and a#o%e ten percent o" its owned "und shall #e made
onl$ in residential units*
7ote(
9&apital fund: means the aggregate of 9tier)* capital: and 9tier)** capital:-
=ro%ided that the land or #uildings ac&uired in satis"action o" its de#ts shall #e disposed o""
#$ the housing "inance compan$ within a period o" three $ears or within such a period as ma$
#e e+tended #$ the National Housing Bank, "rom the date o" such ac&uisition i" the
in%estment in these assets together with such assets alread$ held #$ the housing "inance
compan$ e+ceeds the a#o%e ceiling*
(") +D*OSU'+ TO CA*ITAL )A'K+TA
(a) Limis on housing %inance companies: eBposure o capia. mar;e
1he aggregate e+posure o" a housing "inance compan$ to the capital market in all "orms #oth
"und #ased and non@"und #ased! should not e+ceed ;0 per cent o" its net worth as on Barch
,1 o" the pre%ious $ear* Within this o%erall ceiling, direct in%estment in shares, con%erti#le
#onds ' de#entures, units o" e&uit$@oriented mutual "unds and all e+posures to 7enture
Capital Funds 7CFs! J#oth registered and unregisteredK o" the housing "inance compan$
should not e+ceed 20 per cent o" its networth*
Net worth "or the purpose o" this su#@paragraph would comprise o" =aid@up capital plus Free
)eser%es including :hare =remium #ut e+cluding )e%aluation )eser%es, plus 6n%estment
Fluctuation )eser%e and credit #alance in =ro"it I Foss account, less de#it #alance in =ro"it
and Foss account, (ccumulated Fosses and 6ntangi#le (ssets* No general or speci"ic
pro%isions should #e included in computation o" net worth* 6n"usion o" capital through e&uit$
shares, either through domestic issues or o%erseas "loats a"ter the pu#lished #alance sheet
date, ma$ also #e taken into account "or determining the ceiling on e+posure to capital
market* Housing Finance Compan$ shall "urnish to the National Housing Bank, statutor$
auditorHs certi"icate on completion o" the augmentation o" capital #e"ore reckoning the same
"or a#o%e purpose*
(0) Componens o% Capia. )ar;e +Bposure
Capital market e+posure o" housing "inance compan$ shall include #oth their direct
e+posures and indirect e+posures* 1he aggregate e+posure #oth "und and non@"und #ased! o"
Housing Finance Compan$ to capital markets in all "orms shall include the "ollowingD
1) direct in%estment in e&uit$ shares, con%erti#le #onds, con%erti#le de#entures and units
o" e&uit$@oriented mutual "unds the corpus o" which is not e+clusi%el$ in%ested in
corporate de#t<
2) ad%ances against shares'#onds'de#entures or other securities or on clean #asis to
indi%iduals "or in%estment in shares including 6nitial =u#lic 2""ers'Amplo$ees :tock
2ptions!, con%erti#le #onds, con%erti#le de#entures, and units o" e&uit$@oriented mutual
"unds<
3) ad%ances "or an$ other purposes where shares or con%erti#le #onds or con%erti#le
de#entures or units o" e&uit$ oriented mutual "unds are taken as primar$ securit$;
4) ad%ances "or an$ other purposes to the e+tent secured #$ the collateral securit$ o" shares
or con%erti#le #onds or con%erti#le de#entures or units o" e&uit$ oriented mutual "unds,
i*e* where the primar$ securit$ other than shares'con%erti#le #onds'con%erti#le
de#entures'units o" e&uit$ oriented mutual "unds does not "ull$ co%er the ad%ances<
5) secured and unsecured ad%ances to stock#rokers and guarantees issued on #ehal" o"
stock#rokers and market makers<
6) loans sanctioned to corporates against the securit$ o" shares ' #onds' de#entures or other
securities or on clean #asis "or meeting promoterHs contri#ution to the e&uit$ o" new
companies in anticipation o" raising resources<
7) #ridge loans to companies against e+pected e&uit$ "lows'issues<
8) underwriting commitments taken up #$ the housing "inance companies in respect o"
primar$ issue o" shares or con%erti#le #onds or con%erti#le de#entures or units o" e&uit$
oriented mutual "unds<
9) "inancing to stock#rokers "or margin trading< and
10)all e+posures to 7enture Capital Funds #oth registered and unregistered!* 1hese will #e
deemed to #e on par with e&uit$ and hence will #e reckoned "or compliance with the
capital market e+posure ceilings #oth direct and indirect!*
(c) Iems eBc.u/e/ %rom Capia. )ar;e +Bposure
1he "ollowing items shall #e e+cluded "rom the aggregate e+posure ceiling o" ;0 per cent o"
networth and direct in%estment e+posure ceiling o" 20 per cent o" networth where%er
applica#le!D
1) 6n%estment o" a housing "inance compan$ in own su#sidiaries, Coint %entures, and
in%estments in unlisted shares and con%erti#le de#entures, con%erti#le #onds issued #$
institutions "orming crucial "inancial in"rastructure and other (ll 6ndia Financial
6nstitutions as detailed #elow* ("ter listing, the e+posures in e+cess o" the original
in%estment i*e* prior to listing! shall "orm part o" the Capital Barket A+posure*
1. National :ecurities Depositor$ Ftd* N:DF!
2. Central Depositor$ :er%ices 6ndia! Ftd* CD:F!
3. National :ecurities Clearing Corporation Ftd* N:CCF!
4. National :tock A+change N:A!
5. Clearing Corporation o" 6ndia Ftd*, CC6F!
6. Credit 6n"ormation Bureau o" 6ndia Ftd* C6B6F!
7. Bulti Commodit$ A+change Ftd* BCP!
8. National Commodit$ and Deri%ati%es A+change Ftd* NCDAP!
9. National Bulti@Commodit$ A+change o" 6ndia Ftd* NBCA6F!
10. National Collateral Banagement :er%ices Ftd* NCB:F!
(ll 6ndia Financial 6nstitutions
11. 6ndustrial Finance Corporation o" 6ndia, Ftd* 6FC6!
12. 1ourism Finance Corporation o" 6ndia Ftd* 1FC6!
13. )isk Capital I 1echnolog$ Finance Corporation Ftd* )C1C!
14. 1echnolog$ De%elopment I 6n"ormation Co* o" 6ndia Ftd* 1D6C6!
15. National Housing Bank NHB!
16. :mall 6ndustries Bank o" 6ndia :6DB6!
17. National Bank "or (griculture I )ural De%elopment N(B()D!
18. A+port 6mport Bank o" 6ndia AP6B Bank!
19. 6ndustrial 6n%estment Bank o" 6ndia 66B6!
20. Fi"e 6nsurance Corporation o" 6ndia F6C!
21. 3eneral 6nsurance Corporation o" 6ndia 36C!
2) 1ier 6 and 1ier 66 de#t instruments issued #$ other housing "inance companies<
3) 6n%estment in Certi"icates o" Deposit CDs! o" other housing "inance companies<
4) =re"erence :hares<
5) Non@con%erti#le de#entures and non@con%erti#le #onds<
6) 5nits o" Butual Funds under schemes where the corpus is in%ested e+clusi%el$ in de#t
instruments<
7) :hares ac&uired #$ housing "inance companies as a result o" con%ersion o" de#t'o%erdue
interest into e&uit$ under a Corporate De#t )estructuring CD)! mechanism*
(4)Compuaion o% eBposure
For computing the e+posure to the capital
markets, loans'ad%ances sanctioned and
guarantees issued "or capital market operations
would #e reckoned with re"erence to
sanctioned limits or outstanding, whiche%er is
higher* Further, direct in%estment o" a housing
"inance compan$ in
shares, con%erti#le #onds, con%erti#le de#entures and units o" e&uit$ oriented mutual "unds
shall #e calculated at their cost price*
(3) +NGAG+)+NT OF B'OK+'S
For engagement o" #rokers to deal in in%estment transactions, the housing "inance companies
should o#ser%e the "ollowingD
(1) 1ransactions should not #e put through the #rokersH accounts* 1he #rokerage on the
deal pa$a#le to the #roker, i" an$ i" the deal was put through with the help o" a
#roker!, should #e clearl$ indicated on the notes'memorandum put up to the top
management seeking appro%al "or putting through the transaction and separate
account o" #rokerage paid, #roker@wise, should #e maintained*
(2)6" a deal is put through with the help o" a #roker, the role o" the #roker should #e
restricted to that o" #ringing the two parties to the deal together*
c!While negotiating the deal, the #roker is not o#liged to disclose the identit$ o" the
counterpart$ to the deal* 2n conclusion o" the deal, he should disclose the
counterpart$ and his contract note should clearl$ indicate the name o" the
counterpart$*
(4)2n the #asis o" the contract note disclosing the name o" the counterpart$, settlement
o" deals, %i4* #oth "und settlement and deli%er$ o" securit$ should #e directl$ #etween
the parties and the #roker should ha%e no role to pla$ in the process*
(5) With the appro%al o" their top managements, housing "inance companies should
prepare a panel o" appro%ed authori4ed #rokers which should #e re%iewed annuall$ or
more o"ten i" so warranted* Clear@cut criteria should #e laid down "or empanelment o"
#rokers, including %eri"ication o" their creditworthiness, market reputation, etc* (
record o" #roker@wise details o" deals put through and #rokerage paid, should #e
maintained*
(6) ( disproportionate part o" the #usiness should not #e transacted through onl$ one or
a "ew #rokers* Housing "inance companies should "i+ aggregate contract limits "or
each o" the appro%ed #rokers* ( limit o" 0O o" total transactions #oth purchase and
sales! entered into #$ a housing "inance compan$ during a $ear should #e treated as
the aggregate upper contract limit "or each o" the appro%ed #rokers* 1his limit should
co%er #oth, the #usiness initiated #$ a housing "inance compan$ and the #usiness
o""ered ' #rought to the housing "inance compan$ #$ a #roker* Housing "inance
companies should ensure that the transactions entered into through indi%idual #rokers
during a $ear normall$ do not e+ceed this limit* Howe%er, i" "or an$ reason it #ecomes
necessar$ to e+ceed the aggregate limit "or an$ #roker, the speci"ic reasons there"ore
should #e recorded, in writing, #$ the authorit$ empowered to put through the deals*
Further, the #oard should #e in"ormed o" this, post "acto* Howe%er, the norm o" 0O
would not #e applica#le i! to a housing "inance compan$ whose total transactions in
a $ear do not e+ceed )s 20 crores< and ii! to housing "inance companiesH dealings
through =rimar$ Dealers*
(7) 1he auditors who audit the treasur$ operations should scrutinise the #usiness done
through #rokers also and include it in their monthl$ report to the Chie" A+ecuti%e
2""icer o" the housing "inance compan$* Besides, the #usiness put through an$
indi%idual #roker or #rokers in e+cess o" the limit, with the reasons there"or, should #e
co%ered in the hal"@$earl$ re%iew to the Board o" Directors&
(8) Housing "inance companies ma$ undertake securities transactions through stock
#rokers onl$ on National :tock A+change'Bom#a$ :tock A+change' 2%er the
Counter A+change o" 6ndia*
Concenraion o% cre/i( in<esmen
3"* 1! No housing "inance compan$ shall,@
(9) lend to@
(1) an$ single #orrower e+ceeding "i"teen percent o" its owned "und< and
(2) an$ single group o" #orrowers e+ceeding twent$@"i%e percent o" its owned
"und<
(35) in%est in@
(1) the shares o" another compan$ e+ceeding "i"teen percent o" its owned "und<
(2) the shares o" a single group o" companies e+ceeding twent$@"i%e percent o"
its owned "unds<
(61) lend and in%estloans'in%estments together! e+ceeding E
(1) twent$@"i%e percent o" its owned "und to a single part$< and
(2) "ort$ percent o" its owned "und to a single group o" parties*
=ro%ided that within the o%erall ceiling prescri#ed under :u#@ paragraph 1!,
in%estment o" a housing "inance compan$ in the shares o" another housing
"inance compan$ shall not e+ceed ten per cent o" the e&uit$ capital o" the in%estee
compan$*
(2)Where at the commencement o" these pro%isions<
(1) the lending o" a housing "inance compan$ is in e+cess o" the ceiling prescri#ed under
su#@paragraph 1!, such e+cess portion shall #e #rought down #$ the housing "inance
compan$ as per the repa$ment schedule in due course< and
(2) the in%estment o" a housing "inance compan$ is in e+cess o" the ceiling prescri#ed
under su#@paragraph 1!, such e+cess portion shall #e disposed o" within a period not
e+ceeding three $ears or within such period as ma$ #e e+tended #$ the National Housing
Bank*
7otes(
(1) For determining the a#o%e mentioned limits, o""@#alance sheet e+posures #e con%erted in
to credit risk #$ appl$ing the con%ersion "actors e+plained here in a#o%e*
(2) 1he in%estment in de#entures "or the a#o%e purpose #e treated as credit and not
in%estment*
(3) 1he a#o%e ceilings on credit'in%estments shall #e applica#le to the own group o" the
housing "inance compan$ as well as to the other group o" #orrowers' in%estee companies*
(4)8:hares9 shall mean and include in%estment in %arious instruments such as A&uit$ :hares,
=re"erence :hares eligi#le "or capital status, :u#ordinated De#t 6nstruments, H$#rid De#t
Capital 6nstruments and an$ other instruments appro%ed as in the nature o" capital*
(5) 6n%estment o" a housing "inance compan$ in the shares o" its su#sidiaries, companies in
the same group and other housing "inance companies, to the e+tent o" ten per cent o" its
owned "und, shall carr$ a risk weight o" 100O as prescri#ed at item 2! e! o" GWeighted
)isk (ssets@ on #alance sheet items under GA+planationH to =aragraph ,0 o" these
directions* :uch in%estment in e+cess o" ten per cent o" its owned "und shall continue to
#e deducted "rom the net owned "und o" the housing "inance compan$ as prescri#ed at
item*6! o" GA+planationH to :ection 2-( o" the National Housing Bank (ct, 1-./*
@
Housing Finance Companies no o 0e parners in parnership %irms&
3"A& 1! No housing "inance compan$ shall contri#ute to the capital o" a partnership "irm or
#ecome a partner o" such "irm*
2! ( housing "inance compan$, which had alread$ contri#uted to the capital o" a partnership
"irm or was a partner o" a partnership "irm, shall seek earl$ retirement "rom the partnership
"irm*
K1
CHA*T+' IC E DI'+CTIONS TO AUDITO'S
Au/ior:s repor o conain speci%ie/ maers
33* 6n addition to the report made #$ the auditor under section 22/ o" the Companies (ct,
1-0> 1 o" 1-0>! on the accounts o" a housing "inance compan$ a"ter the commencement o"
these Directions, the auditor shall make a report to the Board o" Directors o" the compan$ on
the matters speci"ied in paragraphs ,; and ,0 #elow*
)aers o 0e inc.u/e/ in he au/ior:s repor
3>* 1he auditorHs report on the accounts o" a housing "inance compan$ shall include a
statement on the "ollowing matters, namel$ D@
(1) where the housing "inance compan$ was incorporated #e"ore 12
th
June, 2000 E
whether it has applied "or registration as re&uired under section 2-( o" the National Housing
Bank (ct, 1-./ and whether it has recei%ed an$ communication "rom NHB a#out grant or
re"usal o" certi"icate o" registration to it<
(2) where the housing "inance compan$ was incorporated on or a"ter 12
th
June, 2000 E
whether it has o#tained a certi"icate o" registration "rom National Housing Bank<
(3) whether the housing "inance compan$ has complied with the li&uidit$ re&uirements as
speci"ied under :ection 2-B o" the National Housing Bank (ct, 1-./ and kept the securities
with the designated #ank<
(4) whether the housing "inance compan$ has complied with :ection 2-C o" the National
Housing Bank (ct, 1-./<
(5) whether the housing "inance compan$ has complied with the pro%isions o" these
Directions<
(6) whether the capital ade&uac$ ratio as disclosed in the return su#mitted to National
Housing Bank has #een correctl$ determined and whether such ratio is in compliance with
the minimum capital to risk weighted asset ratio as prescri#ed #$ the National Housing Bank
in these Directions,
(7) where the housing "inance compan$ is accepting' holding pu#lic deposits E whether
(1) pu#lic deposits accepted #$ the housing "inance compan$ are within admissi#le limits<
(2) total #orrowings o" the housing "inance compan$ i*e* deposits inclusi%e o" pu#lic
deposits together with the amounts re"erred to in su#@clauses iii! to %ii! o" su#@section
(28) o" :ection ;0 6 o" the )eser%e Bank o" 6ndia (ct, 1-,; and loans or other
assistance "rom the National Housing Bank are within the limit prescri#ed in these
Directions<
1
6nserted #$ NHB*HFC*D6)*,'CBD'2011 dated (ugust 0, 2011 pu#lished in the 3a4ette o" 6ndia, =art 666
:ection ; dated (ugust 2/, 2011
c! the deposits in e+cess o" the admissi#le limit held #$ the housing "inance compan$
ha%e #een regularised in the manner stipulated #$ National Housing Bank<
(4)the credit rating "or deposits i*e VVVVVVVVV mention the rating! assigned #$ the credit
rating agenc$ %i4*, VVVVVVVVVVVVVV name o" the agenc$! on VVVVVVVVVVthe date! is
in "orce and the aggregate amount o" deposits outstanding as at an$ point during the
$ear has e+ceeded the limit speci"ied #$ the rating agenc$<
(5)the housing "inance compan$ has de"aulted in pa$ing to its depositors the interest
and'or principal amounts o" deposits a"ter such interest and'or principal #ecame due<
(6) in case o" opening o" new #ranches or o""ices "or acceptance o" pu#lic deposits or
closure o" #ranches or o""ices, the housing "inance compan$ has complied with the
rele%ant pro%isions o" these Directions*
(8) where the housing "inance compan$ is not accepting' holding pu#lic deposits E whether
(1) the Board o" Directors has passed a resolution "or non@acceptance o" an$ pu#lic
deposits<
(2) the compan$ has accepted an$ pu#lic deposits during the rele%ant period' $ear<
(3) the compan$ has complied with prudential norms*
'easons o 0e sae/ %or un%a<oura0.e or ?ua.i%ie/ saemen
35* Where, in the auditorHs report, the statement regarding an$ o" the items re"erred to in
paragraph ,; a#o%e is un"a%oura#le or &uali"ied, the auditorHs report shall also state the
reasons "or such un"a%oura#le or &uali"ied statement, as the case ma$ #e* Where the auditor is
una#le to e+press an$ opinion on an$ o" the items re"erred to in paragraph ,; a#o%e, the
auditorHs report shall indicate such "act together with reasons there"or*
O0.igaion o% au/ior o repor o he Naiona. Housing Ban;
36* Where, in the case o" a housing "inance compan$, the statement regarding an$ o" the
items re"erred to in paragraph ,; a#o%e is un"a%oura#le or &uali"ied or in the opinion o" the
auditor the compan$ has not complied with the pro%isions o" these Directions or the
pro%isions o" chapter 7 o" the National Housing Bank (ct, 1-./, it shall #e the o#ligation o"
the auditor to make a report containing the details o" such un"a%oura#le or &uali"ied
statements and'or a#out the non@compliance, as the case ma$ #e, in respect o" the compan$ to
head o""ice o" the National Housing Bank at New Delhi*
CHA*T+' C E )ISC+LLAN+OUS
Opening o% Branches
37& ( housing "inance compan$ shall, #e"ore opening a #ranch or an o""ice, in"orm National
Housing Bank in writing o" its intention to open a #ranch or an o""ice*
Loans agains HFC:s o=n shares prohi0ie/
38* 1! No housing "inance compan$ shall lend against its own shares*
2! (n$ outstanding loan granted #$ a housing "inance compan$ against its own shares on the
date o" commencement o" these directions shall #e reco%ered #$ the housing "inance
compan$ as per the repa$ment schedule*
HFC %ai.ing o repa1 pu0.ic /eposi prohi0ie/ %rom ma;ing .oans an/ in<esmens
39 * ( housing "inance compan$ which has "ailed to repa$ an$ pu#lic deposit or part thereo"
in accordance with the terms and conditions o" such deposit, as pro%ided in section ,>(1! o"
the National Housing Bank (ct, 1-./, shall not grant an$ loan or other credit "acilit$ #$
whate%er name called or make an$ in%estment or create an$ other asset as long as the de"ault
e+ists*
Consiuion o% Au/i Commiee
>#* ( housing "inance compan$ ha%ing assets o" )s 00 crore and a#o%e as per its last audited
#alance sheet shall constitute an (udit Committee consisting o" not less than three non@
e+ecuti%e Directors o" the Board*
Explanation
1he (udit Committee constituted under this paragraph shall ha%e the same powers, "unctions
and duties as laid down in section 2-2( o" the Companies (ct, 1-0> 1 o" 1-0>!*
Accouning 1ear
>$* A%er$ housing "inance compan$ shall prepare its #alance sheet and pro"it and loss
account as on Barch ,1 e%er$ $ear with e""ect "rom the accounting $ear ending on Barch ,1,
2002D
=ro%ided that i" the accounting $ear o" an$ housing "inance compan$ ends on an$ date other
than Barch ,1, 2002, such housing "inance compan$ shall prepare its #alance sheet and pro"it
and loss account "or an$ "raction o" the $ear ending on Barch ,1, 2002*
Copies o% 0a.ance shee an/ accouns ogeher =ih he Direcors: repor o 0e %urnishe/
o he Naiona. Housing Ban;&
>"& A%er$ housing "inance compan$ shall deli%er to the National Housing Bank an audited
#alance sheet as on the last date o" each "inancial $ear and audited pro"it and loss account in
respect o" that $ear as passed #$ the housing "inance compan$ in 3eneral Beeting together
with a cop$ o" the report o" the Board o" Directors laid #e"ore the housing "inance compan$
in such meeting in terms o" :ection 21/1! o" the Companies (ct, 1-0> 1 o" 1-0>! within 10
da$s o" such meeting as also a cop$ o" the report and the notes on accounts "urnished #$ its
(uditors*
Au/ior:s Ceri%icae
>3& A%er$ housing "inance compan$ holding'accepting pu#lic deposits shall "urnish to the
National Housing Bank, along with the cop$ o" the audited #alance sheet as pro%ided under
paragraph ;2, a cop$ o" the auditorHs report to the Board o" Directors and a certi"icate "rom
its auditors to the e""ect that the "ull amount o" lia#ilities to the depositors o" the compan$
including interest pa$a#le thereon are properl$ re"lected in the #alance sheet and that the
compan$ is in a position to meet the amount o" such lia#ilities to the depositors*
'eurns o 0e su0mie/ o he Naiona. Housing Ban;
>>& 1! Without preCudice to the pro%isions o" paragraph ;2, e%er$ housing "inance compan$
shall su#mit to the National Housing Bank D
(1)an annual return "urnishing the in"ormation speci"ied in :chedule 6 to these Directions
with re"erence to its position as on ,1
st
Barch e%er$ $ear and a hal" $earl$ return
"urnishing the in"ormation speci"ied in :chedule 66 to these Directions with re"erence
to its position as on ,0
th
:eptem#er and ,1
st
Barch e%er$ $ear
(2) "urther, housing "inance companies accepting'holding pu#lic deposits, housing
"inance companies not accepting'holding pu#lic deposits #ut ha%ing an asset si4e o" )s
100 crores and more, shall su#mit to the National Housing Bank a &uarterl$ return
"urnishing the in"ormation speci"ied in :chedule 666 with re"erence to its position as at
the end o" e%er$ calendar &uarter*
2! i! A%er$ housing "inance compan$ shall, within one month "rom the commencement o"
#usiness, deli%er to the National Housing Bank, a written statement containing a list o" E
(1) the names and o""icial designations o" its principal o""icers<
(2) the complete postal address, telephone num#er's and "a+ num#er's o" the registered'
corporate o""ice<
(3) the names and o""ice address o" the auditors o" the compan$<
(4) the names and the residential addresses o" the directors o" the housing "inance
compan$< and
(5)the specimen signatures o" the o""icers recogni4ed to sign on #ehal" o" the housing
"inance compan$, returns speci"ied in su#@paragraph 1!*
ii! an$ change in the list re"erred to in clause i! o" this su#@paragraph shall #e intimated to
the National Housing Bank within one month "rom the occurrence o" such change*
Ba.ance,shee! reurns! ec& o 0e su0mie/ o he o%%ice o% Naiona. Housing Ban; a
Ne= De.hi
>5& (n$ #alance sheets, returns or in"ormation re&uired to #e su#mitted or "urnished to the
National Housing Bank in pursuance o" these Directions shall #e su#mitted or "urnished to
the o""ice o" National Housing Bank at New Delhi*
+Bempions
>6& 1he National Housing Bank ma$, i" it considers it necessar$ "or a%oiding an$ hardship or
"or an$ other Cust and su""icient reason, grant e+tensions o" time to compl$ with or e+empt
an$ housing "inance compan$ or class o" housing "inance companies, "rom all or an$ o" the
pro%isions o" these Directions either generall$ or "or an$ speci"ied period su#Cect to such
conditions as the National Housing Bank ma$ impose*
Inerpreaions
>7& For the purpose o" gi%ing e""ect to the pro%isions o" these directions, the National
Housing Bank ma$, i" it considers necessar$, issue necessar$ clari"ications in respect o" an$
matter co%ered herein and the interpretation o" an$ pro%ision o" these directions gi%en #$ the
National Housing Bank shall #e "inal and #inding on all the parties concerned*
Sa<ing o% acion a;en or ha ma1 0e a;en %or conra<enion o% he Housing Finance
Companies (NHB) Direcions! "##$
>8& 6t is here#$ clari"ied that the supersession o" the Housing Finance Companies NHB!
Directions, 2001, as amended "rom time to time, shall not in an$ wa$ a""ectD
(1) an$ right, o#ligation or lia#ilit$ ac&uired, accrued or incurred thereunder<
(2)an$ penalt$, "or"eiture, or punishment incurred in respect o" an$ contra%ention
committed thereunder<
(3) an$ in%estigation, legal proceeding or remed$ in respect o" an$ such right, pri%ilege,
o#ligation, lia#ilit$, penalt$, "or"eiture or punishment as a"oresaid<
and an$ such in%estigation, legal proceedings
or remed$ ma$ #e instituted, continued, or
en"orced and an$ such penalt$, "or"eiture or
punishment ma$ #e imposed as i" thoseDirections had not #een superseded*
SCH+DUL+ I
:ee paragraph ;; o" the Housing Finance Companies NHB! Directions, 2010!
(nnual )eturn as on Barch ,1, VVVVVVV
('ea/ insrucions care%u..1 0e%ore %i..ing he reurn)
1o #e "illed #$ National Housing Bank
NHB!
File No*
6D No*
Nature o" Business
District Code
:tate Code
1. Name o" the Compan$
6ncome 1a+ =(N
2. Full address o" the
i! )egistered 2""iceD VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV VVVVVVVVVVVVVVVVVVVVVVVVVVVVV =6N VVVVVV
1elephone VVVVVVVVVVVVV Fa+VVVVVVVVVVVV e@mail VVVVVVVVVVV
1ele+ VVVVVVVVVVVVVVVVVVV 1elegraphic address VVVVVVVVVVVVV
ii! Head'(dministrati%e 2""iceWDVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
VVVVVVVVVVVVVVVVVVVVVVVVVV=6NVVVVVVVVVV
1elephone VVVVVVVVVVVVV Fa+VVVVVVVVVVVV e@mail VVVVVVVVVVV
1ele+ VVVVVVVVVVVVVVVVVVV 1elegraphic address VVVVVVVVVVVVV
,* Whether a 3o%ernment Compan$ D Xes'No
;* :tate'5nion 1erritor$ in which the compan$ is registered D
0* :tatus U i! =u#lic Ftd* J K ii! Deemed =u#lic Compan$ J K
iii! =ri%ate Ftd* J K i%! Branch o" a Foreign compan$ J K
D D B B X X X X
>* Date o" i! 6ncorporation J KJ K J KJ K J KJ KJ KJ K
ii! Commencement o" #usiness J KJ K J KJ K J KJ KJ KJ K
iii! Financial $ear o" the compan$ J K J K J KJ K J KJ KJ KJ K
/* i!=rincipal o#Cect o" the compan$ as mentioned in its Bemorandum o"
(ssociationD
ii!=rincipal #usiness transacted #$ the compan$ during the $ear under
reportingD
iii!2ther #usiness transacted #$ the compan$ during the $ear under
reportingD
.*2ther #usiness transacted #$ the compan$ during the $ear under Xes'No
reportingD
6" $es, gi%e the date o" application and i" alread$ registered, gi%e the
)egistration no* allotted #$ the National Housing Bank
-*No*o" #ranches'o""ices
Y
10* 1otal num#er o" emplo$ees i! Full time D
ii! =art time
iii! Honorar$ #asis D
11* Whether shares o" the compan$ are listed on stock e+change's Xes'No
6" $es "urnish the name's o" the stock e+change's
12* Whether the Hal"@$earl$ )eturn on prudential norms as on the date o" Xes'No
this return has #een su#mitted to the NHB* 6" $es, gi%e the date o"
"urnishing the return
1,* a! Whether the compan$ at the #eginning o" the "inancial $ear to Xes'No
which the return pertains, was holding an$ credit rating's "or its "i+ed
deposits Z
6" $es, gi%e the "ollowing details D
i! Name o" the rating agenc$ D
ii! )ating awarded #$ such agenc$ D
iii! Date o" such rating and its %alidit$ period D
#! Whether the compan$ during the "inancial $ear to which the return pertains o#tained an$ Xes'No
credit rating's "or its "i+ed deposits Z
6" $es, gi%e the "ollowing details
i! Name o" the rating agenc$ D
ii! )ating awarded #$ such agenc$
iii! Date o" such rating and its %alidit$ period
6 Whether during the "inancial $ear to which the return pertains, there was an$ change in the Xes'No
credit rating's mentioned in a! or #! a#o%eZ
6" $es, gi%e the "ollowing details
i! Name o" the rating agenc$ D
ii! )ating awarded #$ such agenc$ D
iii! Date o" such rating and its %alidit$ period D
i%! )easons "or %ariation in credit rating, i" an$ D
1;* Whether a holding compan$ or a su#sidiar$ [
10*Whether the compan$ is a Coint %entureD Xes'No
1>* Name's and address'es o" the compan$Hs VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
promoters' promoting institutions and VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
the shareholding pattern VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
JAnclose separate sheet, i" necessar$K
1/*a! Name's and address'es VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
o" the compan$Hs auditors VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
1elephoneVVVVVVVVVVVV Fa+ VVVVVVVVVVVVV
No* o" $ears "or which the same partner'
proprietor is auditing the accounts o" the compan$ VVVVVVVVVVVVVVVVVVVVVVVV
1.* Name's and address'es VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
o" the compan$Hs #ankers VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
JAnclose separate sheet, VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
i" necessar$K VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
1-*Name's and address'es VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
o" the present directors VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
JAnclose separate sheet, VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
i" necessar$K VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
20* Whether the compan$ has created a reser%e "und in terms o" :ection 2-C o" the National Xes'No
Housing Bank (ct, 1-./ D
6" $es, gi%e the "ollowing details o" such reser%e "und "or the "inancial $ear to which the return pertains D
i! (mount outstanding at the #eginning o" the $ear D
ii! (mount trans"erred to the "und during the $ear D
iii! Whether an$ amount was appropriated "rom the reser%e "und during the $earD Xes'No
6" $es, a! the amount appropriated
#! purpose o" appropriation
6 date o" reporting the appropriation to NHB
i%! (mount outstanding as on the date o" this return
21.Name o% he Chie% +Becui<e
21a! =hone Num#er with :1D code
21#! Bo#ile Num#er
216 Fa+ Num#er
21d! Amail
22.Name o% he comp.iance(No/a. O%%icer
22a! =hone Num#er with :1D code
22#! Bo#ile Num#er
226Fa+ Num#er
22d! Amail
23.Name o% he *rincip.e O%%icer un/er *)L Ac&
23a! =hone Num#er with :1D code
23#! Bo#ile Num#er
236Fa+ Num#er
23d! Amail
; *f it is a place other than the egistered 3ffice- < 'ic6 the box which is applicable-
= % list showing the names and addresses of the places where the branches8offices of the company are situated should be
enclosed-
> *f it is a subsidiary, the name of the holding company may be indicated-
*A'T E $
(A)
*aricu.ars o% *u0.ic Deposis Ousan/ing as on )arch 3$! FFFF
(mount in lakhs o" !
Iem No& *aricu.ars Iem Co/e No& o% Accouns Amoun
1 2 , ; 0
1* Deposits "rom pu#lic in the "orm o" "i+ed deposits, 111
recurring deposits, etc*
2* i! Deposits recei%ed #$ a pu#lic compan$ "rom its 112
shareholders
ii! Deposits recei%ed #$ a pri%ate limited
compan$ "rom Coint shareholders other than the
11,
"irst named shareholder
,* Bone$ recei%ed #$ issue o" non@con%erti#le 11;
unsecured de#entures :ee instruction no* 1,!
;* 1otal 1U2U,! 110
0* (n$ other deposits not included in part 2 o" the 120
:chedule
>* 1otal ;U0! 1,0
/* 2" the total deposits at item > a#o%e, those
i! )epa$a#le on demand or on noticeW 1;1
ii! For a period less than 12 months*W 1;2
iii! For a period o" 12 months or more #ut less 1;,
than 2; months*
i%! For a period o" 2; months or more #ut less 1;;
than ;. months*2; months or more #ut less than
;. months*
%! For a period o" ;. months or more #ut less than 1;0
>0 months*
%i! For a period o" >0 months 1;>
%ii! For a period more than >0 months #ut less 1;/
than .; months
%iii! For a period o" .; months* 1;.
i+! For a period more than .; monthsW 1;-
.* 1otal J/i! to i+!K should tall$ with > a#o%e 1;0
-* 2" the total deposits at item > a#o%e, those "ree o"
interest and #earing interest e+cluding #rokerage,
i" an$ F
)ate o" interest D percent per annum!
i! Free o" interest 101
ii! Below >O 102
iii!>O or more #ut less than -O 10,
i%!-O or more #ut less than 11O 10;
%!11O or more #ut less than 12*0O 100
%i! (t 12*0O 10>
%ii! Bore than 12*0O #ut less than 1;O 10/
%iii! Bore than 1;OW 10.
10* 1otal J-i! to %iii!K should tall$ with item > a#o%e 100
11* Break@up o" deposits at item > a#o%e according to
the si4e o" deposits
i! upto Rs 0,000 1>1
ii! Rs 0,001 to Rs 10,000 1>2
iii! Rs 10,001 to Rs 20,000 1>,
i%! Rs 20,001 to Rs 00,000 1>;
%! Rs 00,001 to Rs 100,000 1>0
%i! 2%er Rs 100,000W 1>>
12* 1otal J11i! to %i!K should tall$ with item > a#o%e 1>0
1,* 2" the total deposits at item > a#o%e
i! those which ha%e matured #ut not claimed 1/1
ii!those which ha%e matured and claimed #ut not 1/2
paid
1;* 2" the deposits o" the t$pe at item ; a#o%e
i! deposits outstanding at the #eginning o" the 1.1
$ear
ii!deposits accepted'renewed during the $ear 1.2
iii!deposits repaid during the $ear 1.,
i%!deposits outstanding at the end o" the $ear 1.;
10* 2" the deposits o" the t$pe at item 0 a#o%e
i! deposits outstanding at the #eginning o" the 1-1
$ear
ii! deposits accepted'renewed during the $ear 1-2
iii! deposits repaid during the $ear 1-,
i%! deposits outstanding at the end o" the $ear 1-;
1>* 2" the total deposits at item > a#o%e, deposits 1-0
recei%ed "rom non@resident 6ndians
(B)
*aricu.ars o% Deposis )o0i.ise/ @Iems $> (ii) an/ $5 (ii) o% *ar E $(A)G During he 'eporing *erio/
(mount in lakhs o" !
Iem No& *aricu.ars Iem Co/e No& o% Accouns Amoun
1 2 , ; 0
1* 2" the total deposits at item no*1; ii! o" =art@ 111*1
1(!, those i! )epa$a#le on demand or on
noticeW
ii! For a period less than 12 months*W 112*1
iii! For a period o" 12 months or more #ut less 11,*1
than 2; months
i%! For a period o" 2; months or more #ut less 11;*1
than ;. months
%! For a period o" ;. months or more #ut less 110*1
than >0 months
%i! For a period o" >0 months 11>*1
%ii! For a period more than >0 months #ut less 11/*1
than .; months
%iii! For a period o" .; months* 11.*1
i+! For a period more than .; monthsW 11-*1
2* 1otal J1 i! to i+!K should tall$ with 1; ii! o" 110*1
=art@1(!
=art@1(!
,* 2" the total deposits at item no* 10 ii! o" =art @
1(!
i! )epa$a#le on demand or on noticeW 121*1
ii! For a period less than 12 monthsW 122*1
iii! For a period o" 12 months or more #ut less 12,*1
than 2; months
i%! For a period o" 2; months or more #ut less 12;*1
than ;. months
%! For a period o" ;. months or more #ut less 120*1
than >0 months*
%i! For a period o" >0 months 12>*1
%ii! For a period more than >0 months #ut less 12/*1
than .; months
%iii! For a period o" .; months 12.*1
i+! For a period more than .; monthsW 12-*1
;* 1otal J, i! to i+!K should tall$ with 10 ii! o" 120*1
=art@1(!
0* 2" the total deposits at item 1; ii! o" =art@1(!,
those "ree o" interest and #earing interest
e+cluding #rokerage, i" an$! F )ate o" interest D
O per annum!
i! Free o" interest 1,1*1
ii! Below >O 1,2*1
iii! >O or more #ut less than -O 1,,*1
i%! -O or more #ut less than 11O 1,;*1
%! 11O more #ut less than 12*0O 1,0*1
%i! (t 12*0 O 1,>*1
%ii! Bore than 12*0 O #ut less than 1;O 1,/*1
%iii! Bore than 1;OW 1,.*1
>* 1otal J0 i! to %iii!K should tall$ with 1; ii! o" 1,0*1
=art@1(!
/* 2" the total deposits at item 10 ii! o" =art@1(!,
those "ree o" interest and #earing interest
e+cluding #rokerage, i" an$! F )ate o" interest D
O per annum!
i! Free o" interest 1;1*1
ii! Below >O 1;2*1
iii! >O or more #ut less than -O 1;,*1
i%! -O or more #ut less than 11O 1;;*1
%! 11O more #ut less than 12*0O 1;0*1
%i! (t 12*0 O 1;>*1
%ii! Bore than 12*0 O #ut less than 1;O 1;/*1
%iii! Bore than 1;OW 1;.*1
.* 1otal J/ i! to %iii!K should tall$ with 10 ii! o" 1;0*1
=art@1(!
-* a! (mount o" #rokerage paid 101*1
#! A+penses reim#ursed to #rokers 102*1
c! (mount o" deposits mo#ilised #$ pa$ment o" 10,*1
#rokerage
F % statement showing the rates of interest offered as also the rates of bro6erage paid on different types of deposits
according to their periods i-e- exceeding ?@ months, @A months, BC months etc- should also be submitted along with this
part of the return-
W Details should be furnished separately-
*ar,$ I
'egion,=ise 0rea; up o% *u0.ic Deposis he./ as on )arch 3$FFFFFF
!Rs *n ,a6hs#
egion
=
7o- of accounts %mount
7orthern
Eastern
&entral
5estern
+outhern
Total
= egion details
7orthern egion( &handigharh, Delhi, 0aryana, 0imachal Pradesh, Dammu . Eashmir, Punjab . ajasthan
&entral egion ( &hhattisgharh, Fadhya Pradesh, Gttar Pradesh . Gttaranchal
5estern egion( Dadra . 7agar 0aveli, Daman . Diu, Hoa, Hujrat . Faharashtra
Eastern egion( %ndaman . 7icobar *slands, %runachal Pradesh, %ssam, 4ihar, Dar6hand, Fanipur, Feghalaya, FiIoram,
7agaland, 3rissa, +i66im, 'ripura . 5est 4engal
+outhern egion( %ndhra Pradesh, Earnata6a, Eerala, ,a6shadweep, Pondicherry . 'amil 7adu
*u0.ic Deposis
*A'T E "
*aricu.ars o% Borro=ings an/ o% Deposis no Inc.u/e/ in *u0.ic Deposis as on
)arch 3$! FFFFFF
(mount in lakhs o" Rs!
Iem No& *aricu.ars Iem Co/e No& o% Accouns Amoun
1 2 , ; 0
1* Bone$ recei%ed "rom the Central or :tate 221
3o%ernments! or mone$ recei%ed "rom others, the
repa$ment o" which is guaranteed #$ the Central or
:tate 3o%ernment s! or mone$ recei%ed "rom a local
authorit$*
2* Bone$ recei%ed "rom @
a! Foreign 3o%ernment 222
#! Foreign (uthorit$ 22,
6 Foreign Citi4en or person 22;
1otal Ja!U#!Uc!K 220
,* Borrowings "rom National Housing Bank 22>
; Borrowings "rom @
a! #anks 22/
#!other "inancial institutions speci"ied in the Directions 22.
0* Bone$ recei%ed "rom an$ other compan$ 22-
>* Bone$ recei%ed "rom directors'relati%es o" directors 2,0
/* Bone$ recei%ed #$ a pri%ate compan$ "rom its 2,1
shareholders in case o" Coint shareholders, mone$
recei%ed "rom the "irst named shareholder onl$ to #e
included!
.* Bone$ recei%ed "rom emplo$ees o" the compan$ #$ 2,2
wa$ o" securit$ deposit*
-* Bone$ recei%ed #$ wa$ o" securit$ or ad%ance "rom
purchasing, selling or other agents in the course o"
compan$Hs #usiness or ad%ance recei%ed against orders 2,,
"or suppl$ o" goods or properties or "or rendering o"
ser%ices*
10* Bone$ recei%ed #$ issue o" de#entures secured #$ 2,;
mortgage o" immo%a#le properties or con%erti#le
de#entures
2" the a#o%e, de#entures su#scri#ed #$ #anks
2,0
Jsee also item No*,! o" =art @1(!K
11* Bone$ recei%ed #$ wa$ o" su#scription to an$ shares or 2,>
secured de#entures pending allotment or mone$
recei%ed #$ wa$ o" calls in ad%ance on shares in
accordance with the (rticles o" (ssociation o" the
compan$ so long as such amount is not repa$a#le to the
shareholders under the (rticles o" (ssociation o" the
compan$*
12* Bone$ #rought in #$ promoters #$ wa$ o" unsecured 2,/
loans in pursuance o" stipulations o" lending institutions
1,* Commercial =apers 2,.
1;* Bone$ recei%ed "rom a mutual "und 2,-
10* Bone$ recei%ed as h$#rid de#t or su#ordinated de#t 2;0
ha%ing maturit$ period o" si+t$ months or a#o%e
1>* 1otal 221U220 to 2,;U2,> to 2;0 ! 200
*A'T E 3
Saemen Sho=ing he HNe O=ne/ Fun/s2 As On )arch 3$!FFFFFFFF
!%mount in la6hs of Rs#
Iem No& *aricu.ars Iem Co/e Amoun
1 2 , ;
1* =aid@up A&uit$ Capital ,11
2* =re"erence shares which are compulsoril$ con%erti#le into e&uit$ ,12
,* Free reser%es
a! 3eneral )eser%es ,1,
#! :hare premium ,1;
c!Capital )eser%es representing surplus on ,10
sale o" assets held in separate account!
d! De#enture redemption reser%e ,1>
e! Capital redemption reser%e ,1/
"! Credit #alance in = I F account ,1.
g! )eser%es under :ection ,> 1! %iii! o" 6ncome 1a+ (ct, 1->1 ,1-
h! 2ther "ree reser%es to #e speci"ied! ,1-*1
;* 1otal ,11 to ,1-*1! ,10
0* (ccumulated #alance o" loss ,21
>* De"erred re%enue e+penditure ,22
/* 2ther intangi#le assets ,2,
.* 1otal ,21 to ,2,! ,20
-* 2wned Funds ,10@,20! ,,0
10* Book %alue o" in%estment in shares o" D
a! :u#sidiaries ,;1
#! Companies in the same group ,;2
c! 2ther housing "inance institutions which are companies* Details ,;,
to #e "urnished in separate (nne+ure!
11 Book %alue o" in%estments in de#entures and #onds o" D
a! :u#sidiaries ,;;
#! Companies in the same group ,;0
12* 2utstanding loans and ad%ances including hire purchase and lease
"inance! to and deposits with
a! :u#sidiaries ,;>
#! Companies in the same group Details to #e "urnished in separate ,;/
(nne+ure!
1,* 1otal ,;1 to ,;/! ,;0
1;* (mount o" item ,;0 in e+cess o" 10O o" item ,,0 a#o%e ,00
10* Net owned "unds ,,0 E ,00! ,00
*A'T E >
Saemen sho=ing ousan/ing .oans an/ a/<ances inc.u/ing iner,corporae .oans(/eposis as on
)arch 3$!FFFFFFFF
(mount in lakhs o" Rs!
Iem No& *aricu.ars Iem Co/e Amoun
1*
1\
Housing Foans
i! 6ndi%iduals ;11
ii! Corporate Bodies'Builders
a! Companies in the same group ;12
#! Companies, "irms and proprietar$ concerns where directors o" the ;1,
compan$ hold su#stantial interest
6 2ther Corporate Bodies ;1;
d! Builders ;10
iii! 2thers to #e speci"ied! ;1>
1otal housing loans J1 i! to iii!K
]
;10
2* 2ther loans I ad%ances
1
:u#stituted #$ NHB*HFC*D6)*;'CBD'2012 dated 1-
th
Januar$, 2012
pu#lished in the 3a4ette o" 6ndia, =art 666@ :ec*; dated 1.
th

Fe#ruar$, 2012*
i! Companies in the same group ;21
ii! Companies not in the same group ;22
iii! Directors ;2,
i%! :hareholders ;2;
%! Chie" A+ecuti%e 2""icer and other emplo$ees ;20
%i! =urchasing, selling and other agents ;2>
%ii! Depositors ;2/
%iii! 2thers ;2.
1otal J2 i! to %iii!K ;20
3rand 1otal ;10 U ;20! ;,0
*A'T E >&$

$@
Saemen o% Housing Loans o IIn/i<i/ua.s: (Iem Co/e >$$ o% *ar,>)
G
(A)
Dis0ursemens /uring he %inancia. -ear
@For ac?uisiion( consrucion o% ne= housesG
(Amoun in .a;hs o% )
Caegor1(siJe o% Iem Ur0an 'ura. Toa. O% Khich o 'epai/ Ousa Gross
housing .oans ( ) Co/e /uring n/ing Non,
he as on per%ormi
1ear )arch ng Asses
3$! FFF as on
)arch
3$!FF
Sch&Case Sch&Tri0e
No& Am No& Am No& Am No& Am No& Am
$ " 3 > 5 6 7 8 9 $# $$ $" $3 $> $5
upo "!##!### >5$
A0o<e "!##!### an/ >5"
upo 5##!###
1
:u#stituted #$ NHB*HFC*D6)*;'CBD'2012 dated 1-
th
Januar$, 2012 pu#lished in the 3a4ette o" 6ndia, =art 666@ :ec*;
dated 1.
th
Fe#ruar$, 2012*
A0o<e 5##!### an/ >53
upo $#!##!###
A0o<e $#!##!### >5>
an/ upo
$5!##!###
A0o<e $5!##!### >55
an/ upo
"5!##!###
A0o<e "5!##!### >56
Su0,oa. >5#
( B )
Dis0ursemens /uring he %inancia. -ear
@For upgra/aion inc.u/ing maLor repairs o% eBising housesG
(Amoun in .a;hs o% )
Caegor1(siJe o% Iem Ur0an 'ura. Toa. O% =hich o 'epai/ Ousa Gross Non,
housing .oans ( ) Co/e /uring n/ing per%orming
he 1ear as on Asses as on
)arch )arch 3$!FF
3$! FFF
Sch& Case Sch& Tri0e
No& Am No& Am No& Am No& Am No& Am
$ " 3 > 5 6 7 8 9 $# $$ $" $3 $> $5
upo "!##!### >6$
A0o<e "!##!### >6"
an/ upo 5##!###
A0o<e 5##!### an/ >63
upo $#!##!###
A0o<e $#!##!### >6>
an/ upo $5!##!###
A0o<e $5!##!### >65
an/ upo "5!##!###
A0o<e "5!##!### >66
Su0,oa. >6#
I
Dis0ursemens /uring he %inancia. -ear
@For purchase o% o./(eBising houses ('esa.e)G
(Amoun in .a;hs o% 's)
Caegor1(siJe o% Iem Ur0an 'ura. Toa. O% Khich o 'epai Ousa Gross Non,
housing .oans ( ) Co/e / n/ing per%orming
/uring as on Asses as
he )arch on )arch
1ear 3$! 3$!FF
FFF
Sch&Case Sch&Tri0e
N#& Am No& Am No& Am No& Am No& Am
$ " 3 > 5 6 7 8 9 $# $$ $" $3 $> $5
upo "!##!###
>7$
A0o<e "!##!### >7"
an/ upo 5##!###
A0o<e 5##!### an/ >73
upo $#!##!###
A0o<e $#!##!### >7>
an/ upo $5!##!###
A0o<e $5!##!### >75
an/ upo "5!##!###
A0o<e "5!##!### >76
Su0,oa. >7#
Gran/ Toa. M >8#
(>5#N>6#N>7#)
*Note: Please note that the Grand Total (item code 480) of Column 14 should be equal to tem
Code 411 of Part 4!
(D)
Dis0ursemens /uring he %inancia. -ear
Saemen o% Housing Loans o IIn/i<i/ua.s: (Iem Co/e >$$ o% *ar,>)
@Sae,=ise in%ormaion o% in/i<i/ua. housing .oansG
(Amoun in La;hs o% 's)
Ac?uisiion( Consrucion o% Upgra/aion inc.u/ing maLor *urchase o% o./(eBising houses
'epai/ Ousan/ing
Iem
Toa. /uring he as on )arch
Sae ne= houses repairs o% eBising houses ('esa.e)G
Co/e
1ear 3$! FF
Ur0an 'ura. Ur0an 'ura. Ur0an 'ura.
No& Am No Am No& Am No& Am No& Am No& Am No& Am
$ " 3 > 5 6 7 8 9 $# $$ $" $3 $> $5 $6 $7 $8
An/hra
*ra/esh "8
Arunacha.
*ra/esh $"
Assam $8
Bihar $#
Chhaisgar
h ""
De.hi #7
Goa 3#
GuLara ">
Har1ana #6
Himacha.
*ra/esh #"
4ammu an/
Kashmir #$
4har;han/ "#
Karnaa;a "9
Kera.a 3"
)a/h1a
*ra/esh "3
)aharashr
a "7
)anipur $>
)egha.a1a $7
)iJoram $5
Naga.an/ $3
O/isha "$
*unLa0 #3
'aLashan #8
Si;;im $$
Tami. Na/u 33
Tripura $6
Uara;han
/ #5
Uar
*ra/esh #9
Kes
Benga. $9
S5#
Su0 Toa. (>9#&$)
Union Terrior1
Chan/igarh #>
*u/ucherr1 3>
Da/ra an/
Nagar
Ha<e.i "6
Daman an/
Diu "5
La;sha/=ee
p 3$
An/aman
an/ Nico0ar
Is.an/s 35
UT $#
Su0 Toa. (>9#&")
Gran/
Toa.MM >9#
(>9#&$N>9#&")
**Note: Please note that the Grand Total (item code 4"0) of Column 18 should be equal to tem
Code 411 of Part 4!
(+)
Dis0ursemens /uring he Financia. -ear
Saemen o% Housing Loans o IBui./ers: (Iem Co/e >$5 o% *ar,>)
@Sae,=ise in%ormaion o% housing proLecs o 0ui./ersG
'epai/ Ousan/ing as
Dis0ursemen
/uring he on )arch 3$!
1ear FF
(in crores) (in crores)
Sae(Union
Terrior1
Iem Co/e
A0o<e 's " A0o<e 's 5 A0o<e 's $5
's "5
Upo 's " Crores an/ Crores an/ Crores an/
Crores an/ Toa.
crores upo 'S 5 upo 'S $5 upo 'S "5
a0o<e
Crores Crores Crores
No& Am No& Am No& Am No& Am No& Am No& Am
Saes
$ " 3 > 5 6 7 8 9 $# $$ $" $3 $> $5 $6
An/hra
*ra/esh "8
Arunacha.
*ra/esh $"
Assam $8
Bihar $#
Chhaisgarh ""
De.hi #7
Goa 3#
GuLara ">
Har1ana #6
Himacha.
*ra/esh #"
4ammu an/
Kashmir #$
4har;han/ "#
Karnaa;a "9
Kera.a 3"
)a/h1a
*ra/esh "3
)aharashr
a "7
)anipur $>
)egha.a1a $7
)iJoram $5
Naga.an/ $3
O/isha "$
*unLa0 #3
'aLashan #8
Si;;im $$
Tami. Na/u 33
Tripura $6
Uara;han
/ #5
Uar
*ra/esh #9
Kes
Benga. $9
S5#(>95&
Su0 Toa. $)
Union Terrior1
Chan/igar
h #>
*u/ucherr1 3>
Da/ra an/
Nagar
Ha<e.i "6
Daman an/
Diu "5
La;sha/=e
ep 3$
An/aman
an/
Nico0ar
Is.an/s 35
UT $#
Su0 Toa. (>95&")
Gran/
Toa.MMM >95
(>95&$N>95&
")
MMM NoeA *.ease noe ha he Gran/ Toa. (iem co/e >95) o% Co.umn $6 shou./ 0e e?ua. o Iem Co/e >$5 o% *ar >&
*A'T E >&"
Term Kise Brea; up o% Housing Loans (Iem Co/e >$# o% *ar E >)
(mount in lakhs o" !
Term o% he .oan Housing .oans o in/i<i/ua.s Housing .oans o corporae 0o/ies
No& Amoun No& Amoun
5pto 1 $ear
(#o%e 1 $ear I upto , $ears
(#o%e , $ears I upto 0 $ears
(#o%e 0 $ears I upto / $ears
(#o%e / $ears
*ar >&3
Dis0ursemens /uring he Financia. -ear
$@
Saemen o% housing .oan o 0orro=er upo 's 5 .a;hs
G
SiJe o% Iem Income o% he 0orro=er (in 's ) Toa. 'epai/ Ousan/ing as on
Housing Co/e /uring he )arch 3$F
Loan Upo 's 5### 's 5##$,$#### 's $###$ an/ 1ear
p&m& p&m& a0o<e
No* (mt No* (mt No* (mt (mt (mt (mt
1 2 , ; 0 > / . -R, to . 10 11
5pto 's 1 ;->*1
lakh
(#o%e 's 1 ;->*2
lakh and
upto 's 2
lakh
(#o%e 's 2 ;->*,
lakh and
upto 's
,lakh
(#o%e 's , ;->*;
lakh and
upto 's ;
lakh
(#o%e 's ; ;->*0
lakh and
upto 's
0lakh
1otal >96
;->*1@
;->*0!
1
:u#stituted #$ NHB*HFC*D6)*;'CBD'2012 dated 1-
th
Januar$, 2012 pu#lished in the 3a4ette o" 6ndia, =art 666@ :ec*;
dated 1.
th
Fe#ruar$, 2012*
*A'T >&>
Dis0ursemens /uring he Financia. -ear
Saemen sho=ing /eai.s o% area o% he /=e..ing unis %inance/ on housing .oan upo 's 5 .a;hs
SiJe o% Iem Area o% he Unis (in s? m) Toa. 'epai/ /uring he Ousan/ing as on
Housing Co/e -ear )arch 3$F
Loan
Upo "5 s? "5 s? m o 5# s? m o 75 A0o<e 75 s?
m 5# s? m s? m m
No* (mt No* (mt No* (mt No* (mt (mt (mt (mt
1 2 , ; 0 > / . - 10 11R, to 10 12 1,
5pto 's 1 0,1
lakh
(#o%e 's 1 0,2
lakh and
upto 's 2
lakh
(#o%e 's 2 0,,
lakh and
upto 's
,lakh
(#o%e 's , 0,;
lakh and
upto 's ;
lakh
(#o%e 's ; 0,0
lakh and
upto 's
0lakh
1otal 0,1@ 53#
0,0!
*A'T >&5
Conso.i/ae/ Saemen on Toa. Housing Loan Dis0ursemen /uring he Financia. -ear
(mount in Fakhs o" 6!
Iem No& *aricu.ars Amoun
1 Housing Foan to 6ndi%iduals
2 Housing Foan to Builders
, Housing Foan to Corporate Bodies and 2thers
; 3rand 1otal
*A'T E 5
Saemen Sho=ing In<esmens a Boo; Ca.ue as on )arch 3$! FFFFF
(mount in lakhs o" !
Iem no& *aricu.ars Iem Co/e Amoun
1 2 , ;
1* 6n%estment in shares o"
a! :u#sidiaries 011
#! Companies in the same group 012
6 2ther housing "inance institutions which are companies 01,
2* 6n%estment in de#entures, #onds and commercial papers o"
a! :u#sidiaries 01;
#! Companies in the same group 010
,* 6n%estments in shares o" and de#enture' #onds and 01>
commercial papers issued #$ companies and contri#ution
to the capital o" "irms and proprietar$ concerns where
directors o" the compan$ hold su#stantial interest* Details
to #e "urnished in separate (nne+ure!
;* :hares, de#entures'#onds and commercial papers o" other 01/
companies
0* 2ther 6n%estments
i!Fi+ed deposits with #anks'certi"icates o" deposits issued 01.
#$ #anks
ii!Deposits in an$ other deposit account with #anks 01-
iii!:ecurities o" Central':tate go%ernments and #onds 020
guaranteed #$ Central':tate go%ernments
i%! 5nits o" 5nit 1rust o" 6ndia 021
%!2thers =lease "urnish a list showing #ook %alue and 022
market %alue!
>* 1otal J011 to 022K 000
*ar,6
FINANCIAL *+'FO')ANC+ OF HFC
6n Fakhs!
Iem as a )arch 3$!O&&
1 2
1. Income (I + ii)
!i# /und based
!ii# /ee based
2. Expenditure (i+ii+iii)
!i# /inancial
(2) Employees
(3) 3ther
administrative &- Tax
proisions
D- !et profit
E- Total Assets
^ "inancial #atios !as percent of total assets#
(1) Income
(2) /und based income
(3) /ee based income
(4)Expenditure
(5) /inancial Expenditure
(6)3perating Expenditure
(7) 3ther provisions
(8) 'ax provisions
(9)7et profit
Ceri%icae
WBanagerHs' Banaging DirectorHs' (uthorised 2""icialHs Certi"icateD
1. Certi"ied that the directions contained in the Housing Finance Companies NHB! Directions, 2010 are #eing
complied with
2. Further certi"ied that the particulars'in"ormation "urnished in this return ha%e #een %eri"ied and "ound to #e correct
and complete in all respects*
DateD :ignature o" Banager'Banaging
=laceD Director'(uthorised 2""icialW
NameD
DesignationD
W:trike o"" whiche%er is not applica#le*
Au/ior:s 'epor
We ha%e e+amined the #ooks o" account and other records maintained #$ VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV in
respect o" the data "urnished in this return and report that to the #est o" our knowledge and according to the
in"ormation and e+planations gi%en to us and shown #$ the records e+amined #$ us, the data "urnished in this return
are correct*
=lace D
Date D Chartered (ccountants
+nc.osures o he reurn
1he "ollowing documents should #e su#mitted along with the return in case the$ ha%e not alread$ #een sent* =lease
tick in the #o+ against the item "or the document enclosed and state the date o" su#mission i" alread$ su#mitted
1! ( cop$ o" the audited #alance sheet and pro"it and loss account dated
nearest to the date o" this return
2! :pecimen signature card =lease see instruction no* 0!
,! ( cop$ o" the application "orm re"erred to in paragraph > o" the Housing
Finance Companies NHB! Directions, 2010
;! ( list o" principal o""icers and the names and
addresses o" directors
0! (uditorHs certi"icate as re&uired in paragraph ;, o" the Directions
Insrucions %or Fi..ing an/ Su0mission o% he 'eurn
Genera.
1*1he return a"ter compilation, should #e su#mitted #$ a housing "inance compan$ once a $ear as earl$ as possi#le
a"ter Barch ,1 and latest 01 4une 3# with re"erence to its position as on Barch ,1 irrespecti%e o" the date o" closing
o" the "inancial $ear o" the compan$, to the Head o""ice o" the National Housing Bank, New Delhi as speci"ied in
paragraph ;0 o" the Housing Finance Companies NHB! Directions, 2010* ( certi"icate "rom the auditors o" the
compan$ as re&uired in terms o" paragraph ;, o" the Noti"ication should #e appended to the return*
2*1he su#mission o" the return should not #e dela$ed "or an$ reason such as the 0/ecogni4ed0/n' completion o" the
audit o" the annual accounts* 1he compilation o" the return should #e on the #asis o" the "igures a%aila#le in the
#ooks o" accounts o" the compan$*
,*1he return where%er possi#le should #e sent in a CD' D7D' =en Dri%e together with a hard cop$ dul$ signed*
;*1he num#er o" accounts should #e gi%en in actual "igures while the amounts should #e gi%en in lakhs o" 6 rounded
o"" to two decimal positions*
0*1he return should #e signed #$ the Banageras de"ined in :ection 2 o" the Companies (ct, 1-0>! and i" there is no
such Banager, #$ the Banaging Director or an$ o""icial o" the compan$ who has #een dul$ 0/ecogni4ed #$ the
Board o" Directors and whose specimen signature has #een "urnished to the National Housing Bank "or the purpose*
6n case the specimen signature has not #een "urnished in the prescri#ed card, the return ma$ #e signed #$ the
0/ecogni4ed o""icial and his specimen signature ma$ #e "urnished separatel$*
>*(ll particulars asked "or in the :chedule should #e "illed up without lea%ing an$ part'item #lank* 6n case there is
nothing to report in an$ part'item o" the return, it should #e marked 8Nil9 and i" an$ part'item is not rele%ant or
applica#le, it should #e marked 8N(9*
/*1he date to which the return pertains should in%aria#l$ #e "illed up in the "irst page as well as in all the parts o" the
:chedule at the appropriate place*
.*8:u#sidiaries9 shall ha%e the same meaning as assigned to it in the Companies (ct, 1-0> 1 o" 1-0>!*
-*( #od$ corporate shall #e deemed to #e in the same group as the in%esting compan$ i" the #od$ corporate is the
managing agent o" the in%esting compan$ or i" the #od$ corporate and the in%esting compan$ are under the same
management*
10*8:u#stantial interest9 means holding o" a #ene"icial interest #$ an indi%idual or his' her spouse or minor child,
whether singl$ or taken together, in the shares o" a compan$, the amount paid up on which e+ceeds ten per cent o"
the paid up capital o" the compan$ or total capital su#scri#ed #$ all the partners o" a partnership "irm*
*ar E $(A)
11. 6" the compan$ is a pu#lic compan$ and a declaration as speci"ied in instruction no*1. has not #een o#tained
"rom its directors, such deposits should #e shown against item 2*
12.1he amount in respect o" non@con%erti#le portion o" the de#entures which are partl$ con%erti#le and partl$ non@
con%erti#le, ma$ #e included under item , and the con%erti#le portion ma$ #e shown against item 10 o" =art 2*
13.Non@con%erti#le unsecured de#entures su#scri#ed to #$ #anks and institutions mentioned under clauses iii! and
i%! o" :ection ;0 6 ##! o" the )eser%e Bank o" 6ndia (ct, 1-,; should not #e included under item ,* :uch amount
should #e included under item ; o" =art 2*
14.1he period@wise classi"ication o" deposits should #e made against the %arious heads under item / according to
the periods "or which the$ ha%e #een originall$ recei%ed'last renewed and not according to the periods the$ ha%e run
as "rom Barch ,1 i*e* the date o" return*
15. 6n item 11, the num#er o" accounts and the amounts should #e calculated in respect o" each range o"
deposits*
16.5nder item 1,, i" the aggregate amount o" deposits not repaid e+ceeds 0 lakhs, the reasons "or non@pa$ment o"
each deposit and the steps taken "or repa$ment should #e indicated in an (nne+ure*
17. 1he amounts shown in =art@2 should not #e included in this =art*
*ar E "
18.2nl$ mone$ recei%ed "rom such persons on a declaration in writing that the mone$ has not #een gi%en #$ such
person's out o" "unds ac&uired #$ him'them #$ #orrowing or accepting deposits "rom another person should #e
shown against items > and /*
19.Bone$ recei%ed "rom the shareholders o" a pri%ate compan$ deemed as a pu#lic compan$ under section ;,( o"
the Companies (ct, 1-0>, should also #e included under item / su#Cect to the o#taining o" declaration re"erred to in
instruction no* 1. a#o%e*
20. 1he amounts alread$ shown in =art @1(! should not #e included here*
*ar ,3
21.Figures relating to net owned "unds should #e as per the audited #alance sheet pertaining to the date o" return* 6n
case auditing is not o%er, "igures should relate to the #ooks o" accounts "or the rele%ant period*
22.GFree reser%esH shall include #alance in share premium account, capital and de#enture redemption reser%es and
an$ other reser%es shown in the #alance sheet and created through an allocation out o" pro"its #ut not #eing a! a
reser%e created "or repa$ment o" an$ "uture lia#ilit$ or "or depreciation on assets or "or #ad de#ts, or #! a reser%e
created #$ re%aluation o" assets o" the compan$*
23. 6n%estment in shares includes in%estment in "ull$ con%erti#le de#entures and'or con%erti#le portion o" partiall$
con%erti#le de#entures* 6n%estments held either in in%estment account or stock@in@trade should #e included under
item 10*
24. De#entures whether held in in%estment account or #$ wa$ o" stock@in@trade should #e included under item 11*
Non@con%erti#le de#entures, non@con%erti#le portion o" partiall$ con%erti#le de#entures and optionall$ con%erti#le
de#entures should also #e included under this item*
25. Credit #alance in the pro"it and loss account should #e adCusted #$ the actual pro%isions made "or N=(s*
*ar E >
26.:undr$ de#tors, ta+ paid in ad%ance and other reco%era#le items not in the nature o" loans and ad%ances should
not #e shown in this statement*
27. Fi+ed deposits with other companies should #e included under item 2i! or 2ii! as the case ma$ #e and not in
=art 0*
28. 6n%estment in un&uoted de#entures shall #e treated as credit and not in%estment*
*ar E 5
29. Details o" shares, de#entures and commercial papers held in in%estment account or #$ wa$ o" stock@in@trade
should #e included in this part*
30. Fi+ed deposits with companies should not #e included here #ut should #e shown in =art@;*
31. 6n%estment in un&uoted de#entures shall #e treated as credit and not in%estment and should not #e included in
=art@0*
SCH+DUL+ II
@See paragraph >>($) o% he Housing Finance Companies (NHB) Direcions! "#$#G
Ha.%,-ear.1 'eurn as on )arch 3$(Sepem0er 3#! FFFF
!'o be submitted within C wee6s from close of the half year#
Name o" the HFCD
Compan$ code num#er
)egistration num#er
*A'T,A Capia. Fun/s,Tier,I
2 %mount in Rs la6hsJ
Iem No& *A'TICULA'S Iem Co/e Amoun
1* =aid@up A&uit$ Capital 111
2* =re"erence shares which are compulsoril$ con%erti#le into 112
e&uit$
,* Free reser%es
a! 3eneral )eser%es 11,
#! :hare premium 11;
6 Capital )eser%es representing surplus on 110
sale o" assets held in separate account!
d! De#enture redemption reser%e 11>
e! Capital redemption reser%e 11/
"! Credit #alance in = I F account 11.
g! 2ther "ree reser%es to #e speci"ied! 11-
;* 1otal 111 to 11-! 110
0* (ccumulated #alance o" loss 121
>* De"erred re%enue e+penditure 122
/* 2ther intangi#le assets 12,
.* 1otal 121 to 12,! 120
-* 2wned Funds 110@120! 1,0
10*
Book %alue o" in%estment in
shares o" D
a! :u#sidiaries 1;1
#! Companies in the same
group 1;2
c! 2ther housing "inance
institutions which are
companies 1;,
11*
Book %alue o" in%estments
in de#entures and #ond o"
a! :u#sidiaries 1;;
#! Companies in the same
group 1;0
12*
2utstanding loans and
ad%ances to and deposits
with
a! :u#sidiaries 1;>
#! Companies in the same
group 1;/
1,* 1otal 1;1 to 1;/! 1;0
1;*
(mount o" item 1;0 in
e+cess o" 10O o" item 1,0
a#o%e 100
$5&
Tier I Capia. E Ne o=ne/
%un/s ($3# E $5#) $5$
*A'T,B,Capia. Fun/s,Tier, II
2%mount Rs in la6hsJ
Iem Name Iem Co/e Amoun
1! 2! ,!
i! =re"erence shares other than those compulsoril$ 1>1
con%erti#le into e&uit$!
ii! )e%aluation )eser%es 1>2
iii! 3eneral pro%isions and loss reser%es 1>,
i%! H$#rid capital instruments 1>;
%! :u#ordinated de#t 1>0
%i! (ggregate 1ier@66 Capital 1>0
1otal Capital Funds 101U1>0! 1/0
*A'T C E 'is; Asses P O%%,Ba.ance Shee Iems
2%mount Rs in la6hsJ
Iems Iem co/e Amoun
i!(dCusted %alue o" "unded risk assets, ie, on@#alance sheet items 1.1
1o tall$ with =art D!
ii!(dCusted %alue o" non@"unded and o""@#alance sheet items 1o 1.2
tall$ with =art A!
iii!1otal risk weighted assets'e+posuresJtotal i! U ii!K 1.0
i%!=ercentage o" capital "unds to risk weighted assets'e+posuresD
a! 1ier@6 capital 1-1
#! 1ier@66 capital 1-2
6 1otal capital 1-,
*A'T D E Keighe/ asses! i&e&! on,0a.ance shee iems
J%mount s in la6hsJ
Iem /escripion Iem Boo; 'is; =eigh A/Luse/
co/e Ca.ue Ca.ue
6*Cash and #ank #alances including "i+ed deposits I certi"icate 210 0
o" deposits
66* 6n%estments
a! (ppro%ed securities as de"ined in the National Housing Bank 221 0
(ct, 1-./
#! Bonds o" pu#lic sector #anks and FDs'CDs' #onds o" pu#lic
"inancial institutions
i! (mount deducted in item 1; in =art ( 222 0
ii! (mount not deducted in item 1; in =art ( 22, 20
6 5nit 1rust o" 6ndia 22; 20
d!:hares o" all companies and de#entures'#onds' commercial
papers o" companies other than #! a#o%e'units o" mutual "und
other than c! a#o%e
i! (mount deducted in item 1; in =art ( 220 0
ii! (mount not deducted in item 1; in =art ( 22> 100
666* Current assets
a! :tock on hire see Note 2 #elow!
i! (mount deducted in item 1; in =art ( 2,1 0
ii! (mount not deducted in item 1; in =art ( 2,2 100
#! inter corporate loans 'deposits
i! (mount deducted in item 1; in =art ( 2,, 0
ii! (mount not deducted in item 1; in =art ( 2,; 100
6 Foans and ad%ances "ull$ secured #$ compan$Hs own deposits 2,0 i! 0
d!Bortgage #acked securit$, receipt or other securit$ e%idencing 2,0ii! 00
the purchase or ac&uisition #$ a housing "inance compan$ o" an
undi%ided right, title or interest in an$ de#t or recei%a#le
originated #$ a housing "inance compan$ >2ecogni4ed and
super%ised #$ National Housing Bank or a scheduled commercial
#ank and secured #$ mortgage o" residential immo%a#le
propert$, pro%ided the conditions speci"ied #elow in Note ;! are
"ul"illed
e! Foans to sta"" 2,> 0
"! i! Housing' =roCect Foans guaranteed #$ Central ':tate 2,/i! 0
3o%ernment )e"er note ; #elow!
"! ii! Housing loans sanctioned to indi%iduals up to ,0 lakhs 2,/ii! 00
secured #$ mortgage o" immo%a#le propert$, which are classi"ied
as standard assets where F17 )atio is R or S /0O
J"!iii! Housing loans sanctioned to indi%iduals a#o%e ,0 lakh 2,/iii! /0
#ut #elow /0 lakh secured #$ mortgage o" immo%ea#le
propert$ which are classi"ied as standard assets with F17 ratio is
R or S /0O
"!i%! Housing loans sanctioned to indi%iduals a#o%e ,0 lakh 2,/i%! 100
#ut #elow /0 lakh secured #$ mortgage o" immo%ea#le
propert$ which are classi"ied as standard assets with F17 ratio is
R or T /0O
"!%! Housing loans o" /0 lakh and a#o%e, sanctioned to 2,/%! 120
indi%iduals irrespecti%e o" F17 ratio, secured #$ mortgage o"
immo%ea#le propert$, which are classi"ied as standard assets
"!%i! Foans gi%en "or the purpose o" insurance o" the propert$ ' 2,/%i! :ame as
#orrower in case o" indi%idual housing loans
K1
applica#le to
the
respecti%e
housing loan
g! 2ther housing loans including those to indi%iduals #ut not 2,. 100
&uali"$ing under "!
J
ga! (n$ portion o" housing loans re"erred to in item 666 "!ii! to
"!i%! and g! guaranteed #$ mortgage guarantee compan$
registered with the )eser%e Bank o" 6ndia, the risk weighted
assets "or such guaranteed portion shall #e calculated as O
weight mentioned against the rating o" the mortgage guarantee
compan$ as #elowD
Fong term ratings o" the mortgage guarantee compan$ #$ the
appro%ed credit rating agencies re"erred to in paragraph , o" the
principal Directions
((( 2,-i! 20
(( 2,-ii! ,0
Below (( or unrated
K 2
2,-iii! (s applica#le
to
unguaranteed
portion
h! 2ther loans I ad%ances
i! (mount deducted in item 1; in =art ( 2;1 0
ii! (mount not deducted in item 1; in =art ( 2;2 100
i! Bills purchased'discounted
i! (mount deducted in item 1; in =art ( 2;, 0
ii! (mount not deducted in item 1; in =art ( 2;; 100
C! 2thers to #e speci"ied! 2;0 100
k! Fund #ased and non@"und #ased e+posures to commercial real 2;> 100
estates o""ice #uildings, retail space, multi@purpose commercial
1
:u#stituted #$ NHB*HFC*D6)*2'CBD'2010 dated Decem#er 2;, 2010, pu#lished in the 3a4ette o" 6ndia, =art 666 :ection ;
dated Januar$ 10, 2011*=rior to su#stitution, item code and risk weight gi%en in 666"!iii! Ii%! read as under D
!f#!iii# 0ousing loans sanctioned to individuals above s BK la6hs @BL!iii# LM
secured by mortgage of immoveable property, which are classified
as standard assets where ,'N atio is O or PLM"
!iv# 0ousing loans sanctioned to individuals, irrespective of the @BL!iv# ?KK
amount, secured by mortgage of immovable property, which are
classified as standard assets, where ,'N atio is Q LM"
2*
:u#stituted #$ NHB*HFC*D6)*0'CBD'2012 dated 2.
th
Ba$,
2012, pu#lished in the 3a4ette o" 6ndia, =art 666 :ection ; dated
Jul$ /, 2012
premises, multi@"amil$ residential #uildings, multi@tenanted
commercial premises, industrial or warehouse space, hotels, land
ac&uisition, de%elopment and construction, etc
l!6n%estments in Bortgage Backed :ecurities BB:! and other 2;/ 120
securitised e+posures #acked #$ e+posures as at k! a#o%e*
67* Fi+ed assets Jnet o" depreciationK
a! (ssets leased out
i! (mount deducted in item 1; in =art ( 201 0
ii! (mount not deducted in item 1; in =art ( 202 100
#! =remises 20, 100
c! Furniture I Fi+tures 20; 100
7* 2ther assets
a! 6ncome ta+ deducted at source net o" pro%isions! 200 0
#! (d%ance ta+ paid net o" pro%isions! 20> 0
c! 6nterest due on 3o%ernment securities 20/ 0
d! 2thersto #e speci"ied! 20. 100
1otal weighted assets 200
NotesD
1. Netting ma$ #e done in respect o" assets where pro%isions "or depreciation or "or #ad and dou#t"ul de#ts ha%e
#een made*
2. :tock on hire should #e shown net o" "inance charges, i*e*, interest and other charges reco%era#le*
3. (ssets which ha%e #een deducted item code100! "rom owned "und to arri%e at net owned "und will ha%e a
weightage o" G0H
4. Where guarantee has #een in%oked and the concerned go%ernment has remain in de"ault "or a period more than -0
da$s a"ter the in%ocation o" guarantee, a risk weight o" 100 percent should #e assigned*
J
0* Housing loans re"erred to in item 666"!ii! to "!i%! and g! are e+cluding an$ portion o" such housing loan
guaranteed #$ a mortgage guarantee compan$ registered with the )eser%e Bank o" 6ndia*
K1
*A'T , + ,Keighe/ non,%un/e/ eBposures(o%%,0a.ance shee iems
2%mount in la6hsJ
1
6nserted #$ NHB*HFC*D6)*0'CBD'2012 dated 2.
th
Ba$, 2012, pu#lished in the 3a4ette o" 6ndia, =art 666 :ection ; dated Jul$
/, 2012
Iem /escripion Iem Boo; Con<ersion +?ui<a.en 'is; A/Luse/
co/e <a.ue %acor =eigh <a.ue
1* 5ndis#ursed amount o" housing loans ,10 00 100
sanctioned
2* Financial I other guarantees ,20 100 100
,* :hares ' de#enture underwriting ,,0 00 100
o#ligations
;*=artl$ paid shares'de#entures ,;0 100 100
0* Bills discounted'rediscounted ,00 100 100
>*Fease contracts entered in to #ut $et to #e ,>0 100 100
e+ecuted
/* 2ther contingent lia#ilities to #e ,/0 00 100
speci"ied!
1otal non@"unded e+posures ,00
7ote( &ash margin8deposits shall be deducted before applying the conversion factor where ever applicable-
*A'T, F , Asse c.assi%icaion
Aggregae o% cre/i eBposures an/ pro<isioning in respec o% hemA
2%mount in la6hsJ
Iem /escripion Iem Amoun *ro<ision re?uire/ as Acua. pro<ision
co/e per /irecions ma/e
i! :tandard (ssets ;11
ii! :u#@standard assets
6ndi%idual housing loans ;12
Housing loans to corporate'agencies ;1,
Fease and hire purchase assets ;1;
2ther credit "acilities ;10
iii! Dou#t"ul (ssets
6ndi%idual housing loans ;1>
Housing loans to corporate'agencies ;1/
Fease and hire purchase assets ;1.i!
2ther credit "acilities ;1.ii!
i%! Foss (ssets ;1-
6ndi%idual housing loans ;20
Housing loans to corporate'agencies ;21
Fease and hire purchase assets ;22
2ther credit "acilities ;2,
(ggregate pro%isioning ;00
2ther pro%isions in respect o"D
i! Depreciation o" "i+ed assets ;01
ii! Depreciation in in%estments ;02
iii! Foss'intangi#le assets ;0,
i%! =ro%ision "or ta+ation ;0;
%! 3ratuit$ 'pro%ident "und ;00
%i! 2thers to #e speci"ied! ;0>
1otal ;00
*A'T G , *aricu.ars regar/ing in<esmens in an/ a/<ances o companies(%irms in he same group an/
oher HFCs&
Iem /escripion Iem co/e Amoun
i! Book %alue o" #onds and de#entures and outstanding loans and 010
ad%ances to and deposits with su#sidiaries and companies in the same
group Details to #e enclosed in separate sheet!
ii! 6n%estment in shares o" su#sidiaries and companies in the same group 020
and all HFCs Details to #e enclosed in separate sheet!
iii! 6n%estment #$ wa$ o" shares, de#entures, loans and ad%ances, leasing, 0,0
hire purchase "inance, deposits etc, in other companies, "irms and
proprietar$ concerns where directors o" HFC hold su#stantial interest*
*A'T H , *aricu.ars regar/ing concenraion o% a/<ances inc.u/ing o%%,0a.ance shee eBposures an/
in<esmen o paries inc.u/ing hose in *ar G a0o<e
Iem /escripion Iem co/e Amoun
i! Foans and ad%ances including o""@#alance sheet e+posures to an$ >10
single part$ in e+cess o" 10 percent o" owned "und o" the HFC Details to
#e enclosed in separate sheet!
ii! Foans and ad%ances including o""@#alance sheet e+posures to a single >20
group o" parties in e+cess o" 20 percent o" owned "und o" the HFC
Details to #e enclosed in separate sheet!
iii! 6n%estment in a single compan$ in e+cess o" 10 percent o" the owned >,0
"und o" the HFC Details to #e enclosed in separate sheet!
i%! 6n%estments in the shares issued #$ a single group o" companies in >;0
e+cess o" 20 percent o" the owned "und o" the HFC
%! Foans, ad%ances to including de#entures, #onds and o""@#alance sheet >00
e+posures! and in%estment in shares o" a single part$ in e+cess o" 20
percent o" owned "und o" the HFC
%i! Foans, ad%ances to including de#entures, #onds and o""@#alance >>0
sheet e+posures! and in%estment in a single part$ in e+cess o" ;0 percent
o" net owned "und o" the HFC
!otes$
!?# %ll these exposure limits are applicable to the 0/&:s
own group as well as to the borrower8investee company:s
group-
!@# *nvestment in debentures for this purpose shall be treated as credit and not investment-
*A'T I , *aricu.ars regar/ing in<esmens in premises an/ eBposure o soc; mar;es&
Iem /escripion Iem co/e Amoun
i!6n%estments in premises land I #uildings!, e+cept "or own use, held #$
the HFC in e+cess o" 20 percent o" the capital "und
a! (c&uired #$ the HFC independentl$ /10
#! (c&uired in satis"action o" its de#ts /20
ii!6n%estments in shares, con%erti#le de#entures o" corporates and units o" /,0
e&uit$@oriented mutual "unds, in e+cess o"
a! 6n%estment in shares, con%erti#le #onds'de#entures, units o" e&uit$
oriented mutual "unds and all e+posures to 7enture Capital Funds
7CFs! J #oth registered and unregisteredK o" the housing "inance
compan$ in e+cess o" 20 per cent o" its net worth as on Barch ,1, o"
the pre%ious $ear*
#! 1he aggregate e+posure to the capital market in all "orms #oth
"und #ased and non@"und #ased! in e+cess o" ;0 per cent o" its net
worth as on Barch ,1, o" the pre%ious $ear*
*A'T 4 , Cre/i 'aing
Deposis Name o% raing agenc1 Dae o% raing 'aing Ca.i/ up o Borro=ing .imi or
Insrumen assigne/ con/iions impose/
01 raing agenc1! i%
an1
7ote ( % copy of the rating should be furnished along with this return-
*A'T K , *aricu.ars on sui %i.e/ an/ /ecree/ /e0s 01 he HFC an/ agains i
Iem Iem co/e Amoun
i!Foans, ad%ances and other credit "acilities "or which the HFC has "iled .10
suits in an$ court o" law "or reco%er$ o" its dues including the decreed
de#ts
=ending "or o%er 0 $ears .11
=ending "or , to 0 $ears .12
=ending "or 1 to , $ears .1,
=ending "or less than 1 $ear .1;
ii! 2ut o" 6! a#o%e, the loans, ad%ances and other credit "acilities "or .20
which decree has #een o#tained #$ the HFC
iii! )eco%eries made in suit "iled'decreed de#ts including amounts .,0
deposited in the court!
i%! :uit "iled and decreed against the compan$ .;0
Ceri%icae
Certi"ied that
(1)the data'in"ormation "urnished in this statement are in accordance with the Housing Finance Companies NHB!
Directions, 2010* 1he statement has #een compiled "rom the #ooks o" account and other records o" the compan$ and
to the #est o" m$ knowledge and #elie" the$ are correct<
(2)the compan$ has accepted pu#lic deposit and the &uantum o" such deposit is within the limits applica#le to the
compan$<
(3) the compan$ has not paid interest' #rokerage on deposit #e$ond the ceiling prescri#ed under the Directions<
(4) the compan$ has not de"aulted in repa$ment o" matured deposit<
(5) the credit rating "or "i+ed deposits assigned #$ credit rating agenc$, %i4* VVVVVVVat rating le%el! is %alid<
(6)the capital ade&uac$ disclosed in =art C o" the return a"ter taking into account the particulars contained in =arts,
D, A and F has #een correctl$ worked out<
(7)the aggregate o" amount outstanding in respect o" loans, e&uipment leasing, hire purchase "inance and in%estment
held together with other assets o" the compan$ during the hal" $ear ended Barch' :eptem#er is taken into account to
ensure that the minimum stipulated capital ade&uac$ ratio as applica#le to the compan$ has #een maintained through
the rele%ant period on an ongoing #asis<
(8) classi"ication o" assets as disclosed in =art F o" the return has #een %eri"ied and "ound to #e correct* No roll@
o%er'rephasement o" loans, lease and hire purchase transactions and #ills discounted #e$ond due dates has #een
o#ser%ed* 1he su#@standard or dou#t"ul or loss asset, i" upgraded, has #een done so, in con"ormit$ with rele%ant
pro%isions o" the Directions<
(9) in%estment in group companies as disclosed in =art 3 o" the return and e+posures to indi%iduals'"irms'other
companies e+ceeding the credit ' in%estment concentration norms as disclosed in =art H o" the hal"@$earl$ return,
in%estments in premises and e+posure to stock market as disclosed in =art 6 o" the return and particulars on suit "iled
and decreed de#ts #$ the compan$ and against it as disclosed in =art L o" the return and classi"ication o" such asset
is correct< and
(10) net owned "und as per 1ier@6 capital o" the compan$ has #een correctl$ worked out*
For and on #ehal" o" name o" the compan$!
=laceD Banaging Director'
DateD Chie" A+ecuti%e 2""icer
2""ice seal
Au/iorQs 'epor
We ha%e e+amined the #ooks o" accounts and other records maintained #$
VVVVVVVVVVVVVVVVVVVVVVVVVVVVVCompan$ Fimited in respect o" the capital "unds, risk assets'e+posures and risk
asset ratio etc*, as on VVVVVVVVVVVVVVVVVV and statements'certi"icate hereina#o%e made #$ the Banaging
Director'Chie" A+ecuti%e 2""icer o" the compan$ or his authorised representati%e* 2n the #asis o" random checking,
we certi"$ the statement in paragraph / a#o%e* We "urther report that to the #est o" our knowledge and according to
the in"ormation and e+planations gi%en to us and as shown #$ the record e+amined #$ us the "igures shown in =arts
(, B, C, D, A, F, 3, H, 6, J and L o" the statement hereina#o%e are correct*
=laceD :tatutor$ auditors
DateD Bem#ership No*
Name o" signator$D
2""ice seal
SCH+DUL+ III
'eurn on Sauor1 Li?ui/ Asses %or he
Ruarer en/e/ )arch(4une(Sepem0er(Decem0er! "#O&&
:ee :ection 2- B o" the National Housing Bank (ct, 1-./ and paragraph ;;1! o" the Housing Finance Companies
NHB! Directions, 2010 !
1* Name o" the Compan$
2*
Compan$ Code
,* (ddress o" the )egistered 2""ice
=6N
=hone Nos* Fa+ No* e@mail address
;* (ddress o" the Corporate' Head
2""ice
=6N
=hone Nos* Fa+ No* e@mail address
0*
:tatus o" registration with NHB in
terms o" section 2-( o" the National
Housing Bank (ct, 1-./D
i! Num#er and date o" Certi"icate o"
)egistration i" issued #$ NHB
ii! 6" not registered, indicate whether
the application su#mitted "or
registration is reCected' pending
*ar A
Deai.s o% *u0.ic Deposis an/ )ainenance o% Li?ui/ Asses
I& Details o" =u#lic Deposits outstanding as at the end o" preceding second &uarter i*e*
Barch'June':eptem#er'Decem#er 20 =lease see Note 1 #elow!D
( in .a;hs)
Sr&No& *aricu.ars Iem Co/e Amoun
1* Deposits recei%ed "rom pu#lic in the "orm o" Fi+ed Deposits, 111
)ecurring Deposits etc*
2* i! Deposits recei%ed "rom shareholders #$ a =u#lic Fimited 112
Compan$
ii! Deposits recei%ed "rom Joint shareholders other than the "irst 11,
named shareholder #$ a =ri%ate Fimited Compan$
,* i! Bone$ recei%ed #$ issue o" Non@con%erti#le unsecured
de#entures please see Note 2 #elow! 11;
ii! (n$ other t$pe o" pu#lic deposits 110
;* Toa. ( $$$ o $$5) $##
II & Deai.s o% Li?ui/ Asses mainaine/A
1* Binimum amount o" li&uid assets re&uired to #e in%ested in 121
unencum#ered appro%ed securities at VVVV O o" pu#lic deposits
shown against item code 100 a#o%e
2* Binimum amount o" total li&uid assets re&uired to #e maintained in 122
"orm o" unencum#ered appro%ed securities together with other
speci"ied "orms o" li&uid assets at VVVV O o" pu#lic deposits shown
against item code 100 a#o%e
,* Fi&uid assets actuall$ maintained D
(* 5nencum#ered appro%ed securities 12,
Jdetails to #e "urnished as per (nne+ 1K
B* 6n term deposits or certi"icates o" deposits with scheduled #anks 12;
C* 6n deposits with NHB 120
Jdetails o" B and C to #e "urnished as per (nne+ 2K
D* 6n #onds issued #$ NHB 12>
Jdetails to #e "urnished as per (nne+ ;K
Toa. ($"3 o $"6) $"#
;* a!Name o" the designated #ank and address where the securities are
lodged Jdetails to #e "urnished as per (nne+ ,!
#! (mount o" securities lodged
i! Book 7alue 12>
ii! Barket 7alue 12/
6ndicate whether the compan$ has maintained the re&uired le%el o" Xes
li&uid assets on a dail$ #asis during the &uarter
No
(* in unencum#ered appro%ed securities please tick!
B* on total #asis i*e* in%estment in unencum#ered appro%ed securities Xes
together with other speci"ied "orms o" li&uid assets! please tick!
No
6" not, indicate the date wise position o" the short"all during the
&uarter Jas per (nne+ure 0K
0* a!Whether the re&uirement o" :F) was complied with during the last Xes
&uarterZ please tick!
No
#!6" not, whether demand "or penal interest was made #$ NHBZ Xes
please tick!
No
c! 6" $es,
i! amount 12.
ii! date o" pa$ment thereo" 12-
*ar B
In%ormaion regar/ing comp.iance o% he Housing Finance Companies (NHB) Direcions! "#$#
! in la6hs#
1* Net owned "und as per the last audited #alance sheet o" the 1,1
compan$!
2* Capital (de&uac$ )atio as per the last audited #alance sheet 1,2
o" the compan$!
,* Cre/i raing D
i! )ating assigned 1,,
ii! Date o" rating 1,;
iii! Name o" the )ating (genc$ 1,0
i%! Whether an$ change has occurred since the last rating 1,>
=lease "urnish details separatel$!
;* =u#lic deposits outstanding as at the close o" #usiness on the 1,/
date o" commencement o" the Housing Finance
CompaniesNHB! Directions, 2010
0* Quantum o" e+cess pu#lic deposits held, i" an$, #$ the 1,.
compan$ as on the date o" commencement o" the Housing
Finance Companies NHB! Directions, 2010
>* =u#lic Deposits outstanding as on date o" this return i*e* last 1,-
working da$ o" the &uarter to which this return relates!
/* Quantum o" pu#lic deposits permissi#le as per the pro%isions 1;0
o" the Housing Finance Companies NHB! Directions, 2010
as on date o" this return
.* Quantum o" e+cess pu#lic deposits remaining to #e 1;1
regularised on the date o" this return
-* Deposits accepted during the &uarter under re"erence 1;2
10* Deposits renewed during the &uarter under re"erence 1;,
11* Deposits matured #ut remained unpaid' not renewed as on the
date o" this return
a! No* o" accounts 1;;
#! (mount 1;0
12* 2" 11 a#o%e, those where orders o" authorised o""icer o"
National Housing Bank ha%e #een recei%ed
a! No* o" accounts 1;>
#! (mount 1;/
1,* a! :teps taken'#eing taken to regularise the e+cess pu#lic
deposits within the time "rame permitted under the Directions
please "urnish details in a separate statement!
#! :teps taken to compl$ with orders o" authorised o""icer o"
National Housing Bank
please "urnish details in a separate statement!
*ar C
In%ormaion re.aing o opening an/ c.osing o% 0ranches(o%%ices %or co..ecion o% /eposis
(a) Lis o% 0ranches(o%%ices opene/A
Name and address o" the Date o" opening )e"erence No* and date o" )emarks
#ranches'o""ices communication to NHB
(0) Lis o% 0ranches(o%%ices c.ose/A
Name and address o" the Date o" Date o" closing )e"erence No* and date o" )emarks
#ranches' o""ices pu#licit$ communication to NHB
We declare that the a#o%e in"ormation is true and correct*
=laceD
DateD Name and signature o" the authori4ed o""icial
NOT+A
1. For the purpose o" this return, assets should #e maintained on dail$ #asis and should relate to the pu#lic deposit
lia#ilities including interest accrued thereon! as de"ined in paragraph 2 1!$! o" the Housing Finance Companies
NHB! Directions, 2010 as on the last working da$ o" the second preceding &uarter* For e+ample, the li&uid assets to
#e maintained on each da$ during the &uarter ended ,0th June 2010 i*e* 1*;*2010 to ,0*>*2010! should relate to the
pu#lic deposit lia#ilities as at the close o" #usiness on the last working da$ o" the &uarter ended ,1st Decem#er
200-*
2. 1he non@con%erti#le unsecured de#entures'#onds other than those su#scri#ed #$ #anks and F6s! including interest
accrued thereon should #e included under this item*
3. 1he return shall #e su#mitted within "i"teen da$s "rom the last da$ o" the respecti%e &uarter*
AnneBure , $
Lis o% appro<e/ securiies he./ o=ar/s .i?ui/ asses re?uiremen
( in .a;hs)
:r* No* Name o" the securit$ (mount at market %alue or carr$ing cost as 6nterest collection dates
the case ma$ #e!
AnneBure , "
Lis o% /eposis he./ =ih sche/u.e/ commercia. 0an;s or =ih Naiona. Housing Ban;
(Rsin .a;hs)
:r* No* Name o" the #ank (ddress o" the #ank_s #ranch (mount including interest accrued!
AnneBure , 3
Name an/ a//ress o% /esignae/ 0an;(s)
:r* No* Name o" the #ank Name o" the #ranch and address )emarks )e"erence no* o"
letters o" in"ormation to
NHB!
AnneBure , >
Deai.s o% in<esmen in 0on/s issue/ 01 Naiona. Housing Ban;M
:erial no* Description (mount 6nterest collection dates
;3ther than those already included in approved securities !%nnexure ) ?#
AnneBure E 5
Deai.s o% shor%a.. in mainenance o% .i?ui/ asses
A& Shor%a.. in appro<e/ securiies
(Rs in .a;hs)
Date (mount re&uired to (mount actuall$ :hort"all
#e maintained maintained
From 1o No* o" da$s
B& Shor%a.. in oa. .i?ui/ asses (i&e& appro<e/ securiies a;en ogeher =ih oher permissi0.e %orms o%
.i?ui/ asses)
(Rs in .a;hs)
Date (mount re&uired to (mount actuall$ :hort"all
#e maintained maintained
From 1o No* o" da$s