National Housing Bank ( NHB )

             National Housing Bank ( NHB )

• National Housing Bank is a Government of India enterprises 

• National Housing Bank is an apex financial institution for banking 

• NHB formed in 1988 July 9

• NHB set up on the basis of NHB Act 1987

• Headquarters of NHB is in New delhi 

• Housing finance related to 7th Five year plan 

• The Honorable Prime Minister of India, Rajiv Gandhi presenting the union budget on 28th February 1987 announced to establish National Housing Bank 

• National Housing Bank bill 91 of 1987 

• With the assent of the President of India R Venkataraman on 23rd December 1987 NHB ACT became the Act of Parliament 

• NHB start functioning from 9th July  1988

• Headquarters of NHB in New Delhi 

• Awas Bharati is the publication of NHB 

• " Promoting inclusive expansion with stability in housing finance market " is the vision of NHB 

• Rural Housing Interested Scheem related to NHB 

• NHB does not grant any loan directly to Individual 

• NHB is fully owned by Government of India