National Housing Bank
| Type | Public |
|---|---|
| Industry | Banking |
| Founded | July 8, 1988 |
| Headquarters | New Delhi, India [1] |
| Products | Loans |
| Website | www.nhb.org.in |
The National Housing Bank (NHB) is a state owned bank and regulation authority in India, created on July 8, 1988[2] under section 6 of the National Housing Bank Act (1987). The headquarters is in New Delhi and i's total staff June 30, 2008 was 80.[3]
The institution, owned by the Reserve Bank of India, was established to promote private real estate acquisition.[4] The NHB is regulating[5] and re-financing[6] social housing programs and other activities like research and IT-initiatives, too.
VISION Promoting inclusive expansion with stability in housing finance market.
Notes
- ^ http://nhb.org.in/AboutUs/about_us.php#org
- ^ NHB about
- ^ Annual report 2007-2008, p. 40 (English part)]
- ^ Alpana Sivam, Sadasivam Karuppannan: Role of state and market in housing delivery for low-income groups in India in Journal of Housing and the Built Environment 17: 69–88, 2002, S.85.
- ^ Regulation
- ^ Financial
