Page-2 of National Housing Bank Current Affairs, GK & News

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: 

RBI to Divest its Entire Stake in NABARD and NHB

The Reserve Bank of India (RBI) has sold its entire stakes in the National Bank for Agriculture & Rural Development (NABARD) and National Housing Bank (NHB) for Rs 20 crore and Rs 1,450 crore respectively. Disinvestment by RBI The decision to divest its entire stake was taken based on the recommendations of the second Narasimham Committee. ..

Month: 

Category: 

Topics: 

RBI sells entire stake in NABARD, NHB to Government for Rs 1,470 crore

Reserve Bank of India has sell entire stake in NABARD and NHB to Government for Rs 1470 crore. The RBI has exited the National Housing Bank (NHB) and the National Bank for Agriculture & Rural Development (NABARD), by selling its entire stakes to government for Rs 1,450 crore and Rs 20 crore, respectively, making them ..

Topics: 

RBI divests its entire stake in National Housing Bank and NABARD

The Reserve Bank of India (RBI) has divested its entire stake in National Housing Bank (NHB) and the National Bank for Agriculture and Rural Development (Nabard) for Rs 1,450 crore and Rs 20 crore, respectively. The move is part of ending the cross-holding in regulatory institutions and follows the recommendation of second Narasimham committee report ..

Topics: 

Cabinet approves ₹1,450 crore for share capital of RBI in NHB

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 ..

Month: 

Topics: