What is the equity of Reserve bank of India in National Housing Bank ?
Q. What is the equity of Reserve bank of India in National Housing Bank ?
Answer: 0%
Notes: Before April 2019, National Housing Bank (NHB) was a wholly-owned subsidiary of RBI. RBI sold its 100% equity to government in 2019 and now its owner is Government of India. This was done to end the cross-holding in the regulatory institutions as per the Narasimham-II committee report’s recommendations.