NHB

Union Minister Bhagirath Choudhary and BJP MP Lumba Ram had received financial assistance under a scheme of the National Horticulture Board in the last five years, the government informed Parliament on Tuesday, adding that Choudhary had, however, refunded the subsidy. In a written reply to Lok Sabha, Minister of State for Agriculture Ramnath Thakur said, "Financial assistance under the National Horticulture Board (NHB) schemes is provided in the form of credit-linked back-ended capital investment subsidy to eligible farmers and entrepreneurs for development of commercial horticulture, protected cultivation, post-harvest management and cold chain infrastructure." The minister provided details of serving Union Ministers, Members of Parliament and their immediate family members, who have received financial assistance under the Schemes of the NHB during the last five years. As per the list, Lumba Ram (MP of Sirohi, Rajasthan) in 2025 and Bhagirath Choudhary (Union Minister of State for

Housing prices rose in 43 cities in the first quarter of 2023-24, while the rates of residential units fell in seven cities, according to National Housing Bank (NHB). In a Housing Price Index published by NHB, the regulator for housing finance companies said the home loan rates are still lower than the pre pandemic rates leading to a healthy affordability overall. Eight key primary residential markets -- Ahmedabad witnessed a 9.1 per cent appreciation in property prices while Bengaluru 8.9 per cent and Kolkata 7.8 per cent during the April-June 2023 period. Other cities like Chennai saw 1.1 per cent, Delhi (0.8 per cent), Hyderabad (6.9 per cent), Mumbai (2.9 per cent) and Pune (6.1 per cent) increase in the index on an annual basis as per the Housing Price Index (HPI). The 50-city HPI based on valuation prices of properties collected from banks and housing finance companies (HPI @ Assessment Prices) recorded an annual increase (Year-on-Year) of 4.8 per cent during the first quarte

NHB has floated a request for proposal (RFP) for the engagement of an external agency to source the data

Company optimistic about growth going forward, sees demand push from stamp duty reduction by states, softer prices by builders

Home loan disbursements by HFCs during September 2020 were also better at 105 per cent compared to September 2019

The liquidity facility to both the Nabard and the NHB will be offered at the policy repo rate, RBI Governor Shaktikanta Das said

Central bank provides Rs 10,000 crore as refinancing to National Housing Bank (NHB) to support housing finance companies.

Among other important announcements, he announced a reduction in reverse repo rate by 25 basis points from 4 per cent earlier to 3.75 per cent now

The NHB has robust asset quality and healthy capitalisation

Ban impact is also minimal given that, as early as 2013, RBI had already curbed banks' up-front loans to developers offering such schemes for under-construction or greenfield projects

Finance Minister Nirmala Sitharaman in her maiden Budget 2019-20 speech in early July had announced that the National Housing Bank (NHB) will not remain as the regulator for the HFCs

Most of the 100 odd HFCs have NOF between Rs 50 and 200 crore and they will get anywhere between Rs 7.5 crore and Rs 30 crore

Leveraged entities may need to raise equity capital in near term

The new government is expcted to make top-level appointments in NHB which has been headless since August 2018 while the IIFCL has been without a regular MD since 22 months