NHB Current Affairs, GK & News
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
SIDBI launches “Swavalamban Express” to promote business aspirants
On March 19, 2020, the Small Industries Development Bank of India (SIDBI) announced Swavalamban Express. Highlights The Train is to visit 11 entrepreneurial cities. This includes Delhi, Jammu, Mumbai. Ahmedabad, Hyderabad, Bengaluru, Kolakata, Bhubaneswar and Varanasi. During the period, various workshops and programmes are to be organized. The train has been launched to fulfil India’s ..
Month: Current Affairs - March, 2020
Category: Economy & Banking Current Affairs
Topics: 5 Trillion Dollar Economy • Exim Bank • NABARD • NHB • Railways • Reserve Bank of India (RBI) • SIDBI • Startup • Swavalamban Express
Regulation of Housing Finance Corporations
The Central Government of India may give the power to regulate the various housing finance corporations (HFCs) in the country to the Reserve Bank of India (RBI). The inclusion of RBI in the regulatory role would mean stringent asset quality reviews for the HFCs. RBI would force the HFCs to face high scrutiny and it ..
Topics: Housing • infrastructure • NBFC • NHB • RBI • Regulations • Shadow Banking
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: Current Affairs - April, 2019
Category: Economy & Banking Current Affairs
Topics: NABARD • National Bank for Agriculture & Rural Development • National Housing Bank • NHB • RBI • Reserve Bank of India • SBI
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: Current Affairs - March, 2019
Topics: Finance Bill 2018 • Narasimhan Committee • National Housing Bank • National Housing Bank Act 1987 • NHB • Rangarajan committee • RBI • Reserve Bank of India