Tag: National Housing Bank

NHB’s move to ban subvention scheme must be withdrawn: CREDAI

BY: Manvendra Jha TEL AVIV: The National Housing Bank’s (NHB) decision to ban lending by housing finance companies under subvention scheme was “impulsive” and should be rolled back to boost sales, realtors’ body CREDAI Chairman Jaxay Shah said here on Wednesday. CREDAI President Satish Magar demanded that interest rate on home loan be brought down […]

National Housing Bank provides $463 million subsidy to low income home buyers

BY: Chris Thomas BENGALURU: The National Housing Bank (NHB) said that it had provided an interest subsidy of 32.70 billion rupees ($463.3 million) to more than 143,000 households up to November 28 this year. The subsidy, which was given for the first five months of 2018-2019 financial year, is part of a government initiative aimed […]

PNB Housing Finance obtains refinance sanction of Rs 3,500 crore from National Housing Bank

NEW DELHI: PNB Housing Finance on Monday said it has obtained refinance sanction of Rs 3,500 crore from the National Housing Bank (NHB) in October 2018. “The funds will be utilised for the specific sector wise disbursements/ end uses as per norms of the respective NHB refinance schemes,” PNB Housing Finance said in a regulatory […]

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