Sees December 06, 2019, | Om Prakash Pipasa Rathod Layout, Plot no 65, Ananant Nager | Parvati NAGPUR Pin code (fO4 #18) 440013 | weeny weley, | Madam Sir, = | ASE wT oiRNere aiRIPRER 2905 & statia] Application under Right to Information fant etn) aoe agg "RGR nama 7 RBIND/R/2019/55387 | RBIND/R/2019/5538: | PUI aT ar afer seAaT, 2005 | Please refer to your application | | Saris Goer ora we & fre orga Rete) received on 08.11.2019 seeking 08.11.2019 a ure andaa 2a) Certain information under the Right to pe eo Information act 2005 07 HOME TO |2. Hala wired ogee 7 Wega ei |2. The information is furnished in the | ( 3 Annex | 3 SF Sis wea 8 fe recta Rad Bw |S. We would Tike to inform that the | | 3¥si oticha wafers at yer wawe ara First Apeellote Authority in Reserve jeriute Meee, mda Rad eq, Bank of India is Shri M Rajeshwar Rao, fRan Rum, ate wafer way, ugta) Executive Director, Reserve Bank of | we fig rf, as i$ - 400001 & 1 gal India, Department of Regulation, | ae aey ars a 1 S3/ Central Office Building, Shahid Sok & way Hong ale arg archer oa aie Bhagat Singh Road, Fort Mumbai ~ a 38 ga oF a oie & 30 Ray > ae! 400001. Appeal, if any, in respect of | Bom sich orftaord ah tat aera 2 the above reply, should be preferred within 30 days to the First Appellate | | Authority : | aaa Yours faithfully (Prakash Baliarsingh) ‘ody oF qa aftenty Central Public Information Officer a Encl: As above BE sree 9, rer vat arseAnnex RBIND/R/2019/55387- Om Prakash Pipasa Sr. | Query Reply No. | 'n fist week of August 2019 | knew from the media and other agencies that RBl decreased the | fep0 rate by about .35% and its done many times in 2018-2019 also, The bank decreased | accordingly and this time assured to their consumer to decrease their RO. It's good news for the consumers. | But DHFL (Diwan housing finance limited) did not do so n ignored the sound. Since March 2018 the ROI (rate of interest) has been increased 4-5 times by DHFLwhich is controled by | NHB. | ! asked by mail to OHFL but they told that my RO! is floating, | also asked about it to NHB. I m sending the RTI reply of NHB, Which does not satisfy me. So Pls reply me | 1 |'By whom order or who permit to | M/s Dewan Housing Finance Lid is registered | DHFL/HFC to increase their ROI Under National Housing Bank (NHB) Act, 1987, Further, you may refer to Bank's press release dated August 13, 2019 on “Transfer of Regulation of Housing Finance Companies (HFCs) to Reserve Bank of India". The same is available on our website vom cbLorgin under the head Notifications. | Further, the rate of interest to be charged by the HFCs as well as other charges are governed by the terms and conditions of the loan agreement | entered between the borrower and the HFC. | Moreover, NHB has framed guidelines on Fair | Practices Code dated July 01, 2019, to be adopted | | By HFCS withthe approval oftheir Boards. The same | ‘an be accessed at the folowing link I httpsi/inhb org in/requlation post/2019/ | 2 |My RO! is floating, so what..1s DHFL a | Please refer to our reply to query 1 independent Body and its free to | increase their RO! any times for their consumers 3 Who controls HEC to change their RO1. 's RBI decision about ROI not applicable to HFC lke DHFL| + | Whvthevisnore he vice of. [wat i being sought is an opinion and not | | information as defined in Section 2(f) of the Right | | [te niormaton At 2005 | What is the rou Of NHB in concerning | Supervision and Grievance redressal aspects of |S, A win our onsinrca | aans Stns ae we wh | raise such issue. NHB. | Further you ay efrto para tiled ‘Compl | and Grievances” of NHB'S Master Circular on Fai | | | Practices Code dated july 01,2016, | | The same can be accessed a the folowing ink | mupsv/nnb.orginrequation post/20r8)