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Corporate_Penalties_WC

Regulatory Requirement

Bajaj Housing Finance Limited (BHFL) has been incorporated as a housing finance company under the Companies Act, 1956 and is registered as a Housing Finance Company with the National Housing Bank. Intimation of penalties on BHFL.

Sr. no. Reporting Body Description
1 NHB "NHB in exercise of the powers vested with it under the National Housing Bank Act, 1987 has imposed penalty of Rs. 5,000/- on 06/11/2019" on account of contravention of para 10 (5) of issuance of NCDs on private placement basis (NHB) Direction, 2014."
2 NHB "NHB in exercise of the powers vested with it under the National Housing Bank Act, 1987 has imposed penalty of Rs. 50,000/- on 01/09/2020 on account of contravention of para 27A of the Housing Finance Companies (NHB) Directions, 2010 and para 10 (2) of issuance of NCDs on private placement basis (NHB) Direction, 2014"

Regulatory RequirementPAC_WC