National Housing Bank

National Housing Bank
National Housing Bank
Type Public
Industry Banking
Founded New Delhi, 1988
Headquarters New Delhi, India [1]
Products Loans
Website www.nhb.org.in

The National Housing Bank (NHB) is a state owned bank and regulation authority in India, created on July 8, 1988[2] under section 6 of the National Housing Bank Act (1987). The headquarters is in New Delhi and i's total staff June 30, 2008 was 80.[3]

The institution, owned by the Reserve Bank of India, was established to promote private real estate acquisition.[4] The NHB is regulating[5] and re-financing[6] social housing programs and other activities like research and IT-initiatives, too.

Notes

  1. ^ http://nhb.org.in/AboutUs/about_us.php#org
  2. ^ NHB about
  3. ^ Annual report 2007-2008, p. 40 (English part)]
  4. ^ Alpana Sivam, Sadasivam Karuppannan: Role of state and market in housing delivery for low-income groups in India in Journal of Housing and the Built Environment 17: 69–88, 2002, S.85.
  5. ^ Regulation
  6. ^ Financial

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