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NHB NOTIFICATION
Canara Bank GM Sarada Kumar Hota appointed as National Housing Bank MDThe appointment comes 9 months after Sriram Kalyanaraman's forced resignation amid allegations of irregularities and misconduct against him.
Fully prepared to meet any impact of RBI and NHB guidelines: Yashpal Gupta, Repco HomeDespite all the problems facing NBFCs and HFCs, 17% growth y-o-y in is quite good, says Repco Home CEO.
Top-level appointments to NHB, IIFCL expected soon: SourcesIIFCL and IFCI require to fill one post of deputy managing director (DMD) each, while Exim Bank has two such vacancies.
Government notifies taking over of NHB from RBIThe RBI has exited the NHB, thus making it a fully government-owned entity.
Govt sets up Central Advisory Council for effective RERA implementationThe said CAC has been set up to ensure that proper protection is provided to home-buyers with right implementation of RERA across the count...
National Housing Bank expects more companies in housing finance“We have already received about six applications for housing finance licences,” Sriram Kalyanaraman, national director & chief executive of...
IRDA paves way for HDFC Life to buy HDFC's sharesIn June this year, HDFC Life has entered into an agreement to merge with Max Life and then if will merge with Max Financial Services, which...
RBI extends offshore loan window for airlines to March 2016The Reserve Bank of India extended the window for airline companies to source working capital loans through the offshore borrowing route un...
Indian corporate bonds still a big draw with FIIsNHB has initially planned a core issue size of Rs 250 crore with an oversubscription up to Rs 1,250 crore, dealers said.
- RBI permits UCBs to undertake forward contracts in corp debt
Reserve Bank today allowed Urban Cooperative Banks (UCBs) to undertake ready forward contracts in corporate debt securities.
- Stop charging pre-payment penalty on home loans: RBI to RRBs
The Reserve Bank today asked Regional Rural Banks (RRBs) to stop charging penalty on pre-payment of home loans taken on floating interest r...
- Bill introduced in Lok Sabha to transfer RBI shareholding in NHB to Centre
Bill was introduced in the Lok Sabha to transfer shareholding of the country's central bank in the National Housing Bank to the Centre.
Up home loan cap to Rs 10 lakh for priority sector: RBI to RRBsThe RBI asked all RRBs to double the limit for home loans to Rs 10 lakh from Rs 5 lakh for consideration under priority sector lending sche...
- RBI ups housing loan limit to Rs 10 lakh for weaker section
In bid to promote housing for low income groups in major cities, Reserve Bank today doubled the limit for home loans to Rs 10 lakh for cons...
- Does it make sense to pre-pay your home loan?
Home loan borrowers can breathe easy now as the RBI has indicated it would scrap the prepayment penalties charged by banks.
- NHB makes realty loans dearer for HFCs
The National Housing Bank (NHB) has asked housing finance companies (HFCs) to make a general provision of 0.4% of their total outstanding n...
- RBI revises norms for state govt-guaranteed securities
The Reserve Bank has reviewed the norms relating to state government-guaranteed exposures with a view to bring more discipline on part of s...