Refinancing 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 ..


RBI cautions on NPAs due to MUDRA Loans

The Reserve Bank of India (RBI) has voiced concern on the spike in non-performing assets (NPAs) under the government’s flagship scheme Pradhan Mantri Mudra Yojana to support micro-enterprises in the country. Disbursements under Pradhan Mantri Mudra Yojana The annual report of the Pradhan Mantri Mudra Yojana provides following data about the disbursements under the Pradhan ..