The National Housing Bank Act, 1987 · VI — FUNDS, ACCOUNTS AND AUDIT

Section 37. General Fund and other funds

In force · As amended up to 2026-08

CHAPTER VI FUNDS, ACCOUNTS AND AUDIT 37. General Fund and other funds . — (1) With effect from such date as[1] [the Central Government] may specify, the National Housing Bank shall establish a fund to be called the General Fund and all payments by the National Housing Bank shall be made out of the said General Fund. (2) The Board may, and shall, if so directed by[1] [the Central Government], create a special fund or a reserve fund or such other funds as may be prescribed.

Source: India Code