Section 121: Raising of loans from Government and funding agencies at National and International levels.
The Jammu and Kashmir Co-Operative Societies Act, 1989Union territory Act of Jammu and Kashmir · Act 10 of 1989
The Housefed may raise loans from the following organisations on such terms and conditions as may be agreed between the lending institutions and the Housefed namely :––
(a) The Life Insurance Corporation of India ;
(b) Housing and Urban Development Corporation ;
(c) Commercial and Co-operative Banks ;
(d) General Insurance Corporation ;
(e) Central and [State Government] ;
(f) National Co-operative Housing Federation ;
(g) National Housing Bank ;
(h) World Bank ; and
(i) Any other funding institutions in India or abroad as may be approved by the Government.
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