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Old 11th January 2018, 12:39 PM
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Default Re: Objectives Of National Housing Bank

NHB is an apex financial institution for housing.

Objectives Of National Housing Bank (NHB)

NHB has been established to achieve, inter-Alia, the following objectives

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.

Board of directors

Shri Sriram Kalyanaraman, Managing Director & Chief Executive Officer
N.S Vishwanathan, Dy.RBI Governor, Reserve Bank of India (under Section 6(1) (d) of the National Housing Bank Act, 1987)

Shri G.M. Rao Director, Central Board of Directors, Reserve Bank of India (under Section 6(1) (d) of the National Housing Bank Act, 1987)

Shri Alok Tandon, IAS, Joint Secretary to the Government of India, Ministry of Finance (under Section 6(1) (e) of the National Housing Bank Act, 1987)

Smt. Vijaya Srivastava, IAS, Joint Secretary to the Government of India,Ministry of Rural Development (under Section 6(1) (e) of the National Housing Bank Act, 1987))

Shri Sanjeev Kumar, IAS, Joint Secretary (RAY) to Government of India & Mission Director (JNNURM), Ministry of Housing and Urban Poverty Alleviation (under Section 6(1) (e) of the National Housing Bank Act

Contact:

National Housing Bank
Core 5-A, India Habitat Centre,
Lodhi Road, New Delhi-110003
(PBX) 011-2464 9031-35
Fax : 011-2464 9030
E-mail: ho@nhb.org.in
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