The Reserve Bank of India vide its notification dated 18th November 2020 has specified that the net owned fund for the housing finance companies at Rs. 20 crore provided that a housing finance institution holding a Certificate of Registration and having net owned fund less than 20 crore rupees, may continue to carry on the business of housing finance institution, if such company achieves net owned fund of 15 crore rupees before 1st April, 2022 and 20 crore rupees before 1st April, 2023.
New Regulations for Consumer Grievances Redressal in Goa and UTs
The Joint Electricity Regulatory Commission (JERC) has announced the Consumer Grievances Redressal Forum and Ombudsman Regulations, 2024, which supersedes the 2019 regulations. Under these new