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20th December 2017, 08:17 AM
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Join Date: Aug 2012
Re: Main Functions of National Housing Bank

National Housing Bank (NHB), a wholly owned subsidiary of Reserve Bank of India (RBI), was set up on 9 July 1988 under the National Housing Bank Act, 1987.
Object

Function

To promote a sound, healthy, viable and cost effective housing finance system to cater to all segments of the population and to integrate the housing finance system with the overall financial system.

To promote a network of dedicated housing finance institutions to adequately serve various regions and different income groups.

To augment resources for the sector and channelise them for housing.
To make housing credit more affordable.

To regulate the activities of housing finance companies based on regulatory and supervisory authority derived under the Act.

To encourage augmentation of supply of buildable land and also building materials for housing and to upgrade the housing stock in the country.

To encourage public agencies to emerge as facilitators and suppliers of serviced land, for housing.

For any query you may Contact to the National Housing Bank the contact Detials Are given below

Contact Details
National Housing Bank
Core 5-A, India Habitat Centre,
Lodhi Road, New Delhi-110003
(PBX) 011-2464 9031-35
Fax : 011-2464 9030


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