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BANSAL & CO LLP
CHARTERED ACCOUNTANT S
HEAD OFFICE: A-6, Maharani Bagh New Delhi - 110065
PH.: 011-41626470-71 FAX: 011-41328425
E – mail: info@bansalco.com
INDEPENDENT AUDITOR’S REPORT
To
The President of India
Report on the Audit of the Standalone Financial Statements
Opinion
We have audited the standalone financial statements of National Housing Bank (“the Bank”), which
comprise the balance sheet as at 30th June 2021, the Profit and Loss, and cash flows statement for the
year ended, and notes to the financial statements, including a summary of significant accounting
policies and other explanatory information. In our opinion and to the best of our information and
according to the explanations given to us, the aforesaid standalone financial statements give the
information required by the National Housing Bank Act, 1987 in the manner so required and give
a true and fair view in conformity with the accounting principles generally accepted in India, of the
state of affairs of the Bank as at 30th June 2021, profit and its cash flows for the year ended on that
date.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) issued by the Institute
of Chartered Accountants of India (the ICAI). Our responsibilities under those Standards are
further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section
of our report. We are independent of the Bank in accordance with the Code of Ethics issued by the
Institute of Chartered Accountants of India together with the ethical requirements that are relevant
to our audit of the financial statements under the provisions of the Act, and we have fulfilled our
other ethical responsibilities in accordance with these requirements and the Code of Ethics. We
believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis
for our opinion.
Information Other than the Financial Statements and Auditor’s Report Thereon
The Company’s Board of Directors is responsible for the other information.
Our opinion on the financial statements does not cover the other information and we do not express
any form of assurance conclusion thereon.
264 | Annual Report 2020-21
CHARTERED ACCOUNTANT S
HEAD OFFICE: A-6, Maharani Bagh New Delhi - 110065
PH.: 011-41626470-71 FAX: 011-41328425
E – mail: info@bansalco.com
INDEPENDENT AUDITOR’S REPORT
To
The President of India
Report on the Audit of the Standalone Financial Statements
Opinion
We have audited the standalone financial statements of National Housing Bank (“the Bank”), which
comprise the balance sheet as at 30th June 2021, the Profit and Loss, and cash flows statement for the
year ended, and notes to the financial statements, including a summary of significant accounting
policies and other explanatory information. In our opinion and to the best of our information and
according to the explanations given to us, the aforesaid standalone financial statements give the
information required by the National Housing Bank Act, 1987 in the manner so required and give
a true and fair view in conformity with the accounting principles generally accepted in India, of the
state of affairs of the Bank as at 30th June 2021, profit and its cash flows for the year ended on that
date.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) issued by the Institute
of Chartered Accountants of India (the ICAI). Our responsibilities under those Standards are
further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section
of our report. We are independent of the Bank in accordance with the Code of Ethics issued by the
Institute of Chartered Accountants of India together with the ethical requirements that are relevant
to our audit of the financial statements under the provisions of the Act, and we have fulfilled our
other ethical responsibilities in accordance with these requirements and the Code of Ethics. We
believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis
for our opinion.
Information Other than the Financial Statements and Auditor’s Report Thereon
The Company’s Board of Directors is responsible for the other information.
Our opinion on the financial statements does not cover the other information and we do not express
any form of assurance conclusion thereon.
264 | Annual Report 2020-21
