(2)
The Board may, and shall, if so directed by [the Central Government] [Substituted 'the Reserve Bank' by Finance Act, 2018 (Act No. 13 of 2018) dated 29.3.2018.], create a special fund or a reserve fund or such other funds as may be prescribed.
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(2)
The Board may, and shall, if so directed by [the Central Government] [Substituted 'the Reserve Bank' by Finance Act, 2018 (Act No. 13 of 2018) dated 29.3.2018.], create a special fund or a reserve fund or such other funds as may be prescribed.
Printed from Law on Tips • The National Housing Bank (Amendment) Act, 2019