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RBI raises shareholding in NHB by pumping in Rs 1,000 cr

RBI raises shareholding in NHB by pumping in Rs 1,000 cr

Reserve Bank has increased its shareholding in National Housing Bank by contributing Rs 1,000 crore towards the paid capital.

Bajaj Finance gets NHB nod to start housing finance company

Diversified non-bank lender Bajaj Finance Tuesday said it has received regulatory approvals to set up a housing finance company.

Govt appoints Sriram Kalyanaraman as MD and CEO of NHB

The appointment of Kalyanraman to the housing finance sector regulator is unique as he is the first person form the private sector to head a public sector financial institution, a Finance Ministry official statement said.

Housing prices rise in 18 cities by up to 3.9%

Housing prices appreciated in 18 major cities by up to 3.9 percent in April-June over the preceding quarter while property rates fell in six cities including Delhi, according to National Housing Bank (NHB).

Delhi residential property prices dipped 1.5% in Jan-March 2014

Delhi's residential property prices posted a decline of 1.5 percent during January and March 2014 as compared to the same period last year.

FY14 home loans at Rs 1.6 tln; total book at Rs 9.6 tln: NHB

Indians borrowed nearly Rs 1.60 lakh crore in housing loans in 2013-14, helping home finance firms' books move closer to the Rs 10 lakh crore mark, said a top official of the National Housing Bank.

NHB's Rs 2,100 crore tax-free bond issue to open on Dec 30

The National Housing Bank's Rs 2,100 crore tax-free bond issue will hit the markets on December 30.

Housing prices in 12 cities rise, 10 witness decline in Q2

Maximum price moderation was seen in Meerut by 6.88 percent.

NHB's Rs 2,100 cr tax-free bonds to hit market soon: CMD

The bond will be issued in tenors of 10, 15 and 20 years.

NHB to get Rs 500-cr loan from UK for financing low-cost homes

The project will begin with eight low-income states -- Rajasthan, Madhya Pradesh, Odisha, Uttar Pradesh, Bihar, West Bengal, Chhattisgarh and Jharkhand.

World Bank to loan India $100 mn for low-cost housing

Thee World Bank will extend a USD 100-million loan for sustainable housing in India that can be used to purchase, build or upgrade low-cost dwellings, the finance ministry said Thursday.

Housing prices rise by around 1% in 20 major cities: NHB

Housing prices have increased marginally by an average 1.1 percent in 20 major cities, including Delhi and Mumbai, in January-March 2013 over the previous quarter due to slowdown in demand, National Housing Bank said Monday.

NHB's mortgage guarantee firm gets registered

IMGC will offer guarantees against borrower defaults on housing loans.

Seven additional lenders join credit guarantee scheme

With this, the total number of institutions which have subscribed to the Credit Risk Guarantee Scheme has gone up to 29.

NHB hopes for more easing in ECB norms for housing fin cos

The National Housing Bank Monday said it is looking forward to relaxations in external commercial borrowing norms for housing finance companies (HFCs) to enable larger number of players to tap the route.

Housing prices rise by up to 9.6% in 18 major cities: NHB

Housing prices have risen in 18 major cities, including Delhi and Mumbai, by up to 9.6 percent during October-December period 2012 compared with the previous quarter, according to National Housing Bank (NHB).

NHB profit jumps 40% to Rs 234 cr in Jul-Dec

The bank had earned a net profit of Rs 167 crore in the corresponding period of the previous fiscal.

Correction in housing prices to continue for some time: NHB

National Housing Bank (NHB), the regulator for housing finance companies, Thursday said there has been price correction in the housing market and it is likely to continue in some pockets, including the NCR region.

Will meet Rs 17K crore home loan refinance target by June: NHB

National Housing Bank (NHB) on Saturday said it expects to provide Rs 9,000 crore refinance assistance to institutions providing home loan in the next six months to meet its annual target of Rs 17,000 crore by June next year.

Scope for price wars in housing mortgage space exists: NHB

Housing finance regulator National Housing Bank (NHB) today said there is scope for "further price wars" in the country's housing mortgage space as demand continues to be robust.