National Housing Bank Current Affairs, GK & News
National Housing Bank: Rs 10,000 crore Special Refinance Facility launched
The National Housing Bank recently launched the “Special Refinance Facility”, 2021. Rs 10,00 crores has been allocated to this facility. Special Refinance Facility, 2021 The main objective of the facility is to provide short term refinance support to the housing finance companies and other eligible Primary Lending Institutions. The facility will aid in meeting the ..
Month: Current Affairs - April, 2021
Category: Economy & Banking Current Affairs
Topics: Atma Nirbhar Bharat Abhiyan • Monetary Policy review • National Housing Bank • RBI Act 1934 • Reserve Bank of India (RBI) • special refinance facility
15 Proposals worth Rs 6400 Cr Sanctioned for Stressed NBFCs and HFCs
The Finance Ministry has declared that the government has sanctioned 15 proposals worth Rs 6400 crores as part of the Special Liquidity Package, a part of the Rs 20.97 lakh crore ‘Atmanirbhar Bharat’ Package announced by the government. What is the Scheme? This scheme was launched on July 1 and it permits both primary and ..
Month: Current Affairs - August, 2020
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: Finance Ministry • HFCs • National Housing Bank • NBFCs • NHB • RBI
Housing Finance Companies to be treated as NBFCs
The Reserve Bank of India (RBI) has issued a notification stating that housing finance companies (HFCs) will be treated as one of the categories of Non-Banking Financial Companies (NBFCs) for regulatory purposes and it will come under its direct oversight. Finance Act of 2019 The Finance Act, 2019 has amended the National Housing Bank Act, ..
Topics: Bank • Central bank • Economy • Finance • Financial services • High-fructose corn syrup • National Housing Bank • NBFCs • Non-bank financial institution • Non-Banking Financial Companies • Reserve Bank of India • Reserve Bank of India
NHB to provide Rs.10,000 cr liquidity infusion facility to HFCs
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 ..
Month: Current Affairs - August, 2019
Category: Economy & Banking Current Affairs
Topics: All India Financial Institution • housing finance companies • liquidity • Liquidity Infusion Facility • National Housing Bank • National Housing Bank Act 1987
Sarada Kumar Hota appointed as Managing Director of National Housing Bank
Sarada Kumar Hota has been appointed as the new Managing Director of National Housing Bank (NHB) for a period of three years. Prior to this appointment, Hota was Managing Director and Chief Executive Officer of Can Fin Homes. NHB, which is now 100% owned by the government, is the nodal agency for supervision, refinance and ..
Topics: Economy • Finance • India • National Housing Bank • Personal finance • Refinancing • Reserve Bank of India