National Housing Bank (NHB)

• NHB was set up on July 9, 1988 under the National Housing Bank Act, 1987.
• NHB is wholly owned by Reserve Bank of India, which contributed the entire paid-up capital.
• The Head Office of NHB is at New Delhi.
• Managing Director & Chief Executive Officer- Shri Sriram Kalyanaraman.
• NHB is an apex financial institution for housing. NHB has been established with an objective to operate as a principal agency to promote housing finance institutions both at local and regional levels and to provide financial and other support incidental to such institutions and for matters connected therewith.

NHB registers, regulates and supervises Housing Finance Company (HFCs), keeps surveillance through On-site & Off-site Mechanisms and co-ordinates with other Regulators.