National Housing Bank Act 1987 Current Affairs, GK & News
The housing sector regulator National Housing Bank (NHB) opened a liquidity infusion facility of Rs.10000 crore for Housing Finance Companies (HFCs) to improve liquidity in sector. The move is taken to unveil measures to boost lending and accelerate growth. About Liquidity Infusion Facility This decision by NHB to infuse an additional Rs.10000 crore into Housing ..
Category: Economy & Banking Current Affairs
The Union Cabinet headed by Prime Minister Narendra Modi has approved the Rs1,450 crore for the share capital of Reserve Bank of India in the National Housing Bank (NHB). The authorized capital of NHB stood at Rs 2000 crore of which Rs 1450 crore was subscribed by RBl. Transfer of Ownership from RBI to Government ..