Page 2 - National Housing Bank

NHB disburses over Rs 30,000 crore in interest subsidy under PMAY

The National Housing Bank said it has disbursed over Rs 30,000 crore so far in interest subsidy to affordable home loan borrowers under PMAY since the launch of the scheme in June 2016

National Housing Bank imposes Rs 80,000 fine on PNB Housing Finance

National Housing Bank (NHB) has imposed a penalty of Rs 80,000 on PNB Housing Finance for not complying with loan disbursement norms in 2015.

NHB slaps Rs 47,000 fine on GIC Housing Finance for violating guidelines

Housing finance regulator National Housing Bank (NHB) has imposed a fine of Rs 47,000 on GIC Housing Finance for violation of the guidelines.

Mahindra Rural Housing Finance resumes disbursements; raises Rs 1,400 cr

With a freeze on disbursements, its advances were almost flat at Rs 7,783.8 crore at end of June 2020 as against Rs 7,870.1 crore in March 2020

Mortgage norms: Tightened or relaxed?

From 50 per cent, a home finance firm's exposure to retail loans will go down to 37.5 per cent. Instead of a floor for retail loans, should the RBI look for a ceiling for wholesale loans?

RBI to replace NHB rules with its own set as the new HFC regulator

Central bank sets a formal definition of 'housing finance' in draft released on its website

Housing finance firms comfortably placed to meet debt obligations: Report

The total maturing debt of HFCs for 2020-21 is estimated to be Rs 2.9-3.2 trillion, of which Rs 1.4 trillion is accounted for by debt markets, rating agency ICRA said in the report.

Efforts on to include G-Secs in global indices soon, says Shaktikanta Das

The development would attract higher foreign flows as many overseas funds are mandated to track global indices

Withdraw draft resolution plan of management: DHFL to stock exchanges

DHFL is now under corporate insolvency resolution process as per IBC

NHB tweaks Rs 30,000 cr liquidity scheme to help HFCs avail refinance funds

The maximum exposure revised to 30 per cent of HFC's net owned fund (NOF) or 50 per cent of NHB's NOF, whichever is lower, it said.

Shriram Housing Finance raises Rs 680 cr from various lenders

Firm concludes its maiden PTC deal with ICICI Bank

FIDC bats for NHB as a refinancing body for the entire NBFC sector

FIDC has suggested that the National Housing Bank (NHB) which acts as the refinancing body for HFCs can be made the apex refinancing body for the entire NBFC sector

Indiabulls opposes plea in Delhi High Court for action over fund misuse

The company's counsel argued in the court that it was "malicious" and "malafide" petition which was causing loss to its business and reputation

RBI panel suggests setting up new entity to boost home loan securitisation

Securitisation is needed to widen the pool of resources available to housing finance companies

Housing finance companies get Rs 10,000-crore liquidity infusion

Finance Minister Nirmala Sitharaman will meet heads of state-owned and private banks on Monday to discuss the ongoing liquidity crisis in NBFCs

Don't fall for under-construction stock, ready-to-move homes a better bet

With banks saddled with NPAs, NBFCs had stepped into the breach

Budget 2019: NHB to retain power to inspect, penalise housing finance firms

NHB may also independently inspect the books of the HFCs, according to provisions of the Finance Bill, 2019

NHB's new rules for HFCs will force many to revisit plot they occupy now

In case of deposits, HDFC and PNB Housing have good chunk of total deposits

New NHB norms don't address funding and liquidity issues of HFCs: Moody's

The housing market regulator has proposed to raise capital adequacy ratio for HFCs from 12% to 15% by March 2022 and pare their total borrowings to 12 times their net worth from 16 times

7 months after CEO quit, corner office at National Housing Bank still empty

Dakshita Das, additional secretary in the finance ministry, currently holds additional charge as MD & CEO of the NHB effective August 16 last year