Change in Frequency of Principal Business Criteria (PBC) for HFCs
In Line with the provisions mentioned under RBI’s notification (DOR.NBFC (HFC).CC.No.118/03.10.136/2020-21) on the regulatory framework for Housing Finance Companies, all HFCs must meet the following conditions as principal business criteria to operate as an HFC in India. The majority of Financial Assets to be in Housing Finance At least 60% of the company’s total assets […]
Read More →