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Old December 26th, 2017, 05:12 PM
Default NHB National Housing Bank

I am doing MBA final year and making project report on the topic NHB National Housing Bank searching for details. Will you please provide me NHB National Housing Bank basic details along with objectives also provide corporation address and contact details?
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Old December 27th, 2017, 11:36 AM
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Join Date: May 2011
Default Re: NHB National Housing Bank

National Housing Bank (NHB), a wholly owned subsidiary of Reserve Bank of India (RBI), was set up on 9 July 1988 under the National Housing Bank Act, 1987

NHB Objectives:

NHB has been established to achieve, inter-Alia, the following objectives –

To promote a sound, healthy, viable and cost effective housing finance system to cater to all segments of the population and to integrate the housing finance system with the overall financial system.

To promote a network of dedicated housing finance institutions to adequately serve various regions and different income groups.

To augment resources for the sector and channelise them for housing.

To make housing credit more affordable.

To regulate the activities of housing finance companies based on regulatory and supervisory authority derived under the Act.

To encourage augmentation of supply of buildable land and also building materials for housing and to upgrade the housing stock in the country.

To encourage public agencies to emerge as facilitators and suppliers of serviced land, for housing.

NHB supports housing finance sector by:

Extending refinance to different primary lenders in respect of
Eligible housing loans extended by them to individual beneficiaries,
for project loans extended by them to various implementing agencies.
Lending directly in respect of projects undertaken by public housing agencies for housing construction and development
of housing related infrastructure.
Guaranteeing the repayment of principal and payment of interest on bonds issued by Housing Finance Companies.


National Housing Bank
Address: #2, F- Block, II Floor , CBAB Complex, Cauvery Bhawan
.G. Road, Bengaluru, Karnataka 560009
Phone: 095915 83208
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