Question
What functions are undertaken by National Housing Bank? Discuss the powers vested in
it to regulate and supervise the Housing Finance Companies.
Answer :
Word Count : 1447
____ ___ ________ __________ _____ ______.
_________ ________ _____ _______ _______ ___ ______ ______.
______ ________ _________ ______ ____ ______ _______.
__________ ____ _________ _____ ___ __________ ________ ___ _____ ___ _____.
________ _______ _____ _______ ______ ____ ____ _________.
____ ______ ________ ___ ___ ______.
_______ __________ _______ _____ __________ ____ ________ ______ ____ _________.
________ ____ __________ ____ ________ _________ ______ _______.
_______ __________ __________ ________ ___ ___ _____ ________ _____.
_________ _______ ______ ______ ____ ____ ____ _______ ______ __________.
______ ___ _________ _________ ________ ______ ____ _____.
___ ____ ________ __________ _________ _____ ______.
______ ________ _________ ________ ___ _______ ______ ________ _______.
_________ ____ ___ ____ ____ ___ _________.
_________ ___ ______ _________ ______.
_____ ________ _________ _________ _______.
____ _____ __________ _________ __________.
____ ___ ____ _______ ____ ____.
_______ __________ ___ _____ ___ ____.
___ ________ _____ __________ __________ ______ _____ ______ __________ ______ _________ _____.
______ _________ ___ __________ ___ _________.
__________ ______ _____ _______ ____ ____ ____ _________.
________ ____ ____ _______ ______ ___ ______ ______ _________ ____.
__________ ___ _____ ____ __________ __________ _______ ___ ____ ________ __________.
_____ _______ ________ _______ _______.
______ ___ __________ ______ __________ __________ ____ ___ _________ ___ ______.
_________ ________ ______ ___ ___.
___ ______ _____ _________ ___ _________ _______ ________ ______ ___.
______ ____ ____ ___ _____ _________ ________ __________ ___ _________ ___ _______.
____ _________ _________ ___ _______ ___.
____ _______ _____ ____ __________ ________ __________.
__________ ___ ___ ___ ____ ______ _________ ____ ____ ___ ________ ____.
_____ ____ ___ ___ _________ ___ _______ ___ _____.
_______ ______ ______ _______ ________ ____ ________ __________ __________.
_________ _________ ___ _______ ___ _____.
_____ __________ ____ _________ __________ ______ _______ ____ ___ __________ _____ _______.
______ ____ ______ ____ _______ __________ _____ ________.
_________ ____ ___ __________ ________ ________ ___ _______.
___ __________ _________ ______ ________ _______ _________ ________.
_______ _____ _______ _______ ___ __________.
_____ _______ ________ __________ ____ _____ _____ ______ _________ _____ _______.
_______ ________ _________ _________ ______ ________ ______ _____ _________ _________ ___ _______.
_______ _________ ________ ______ __________ ________ __________.
___ _______ __________ _______ ____ ________ __________ _________ ___ _________ __________ _____.
_________ _________ ________ ________ ____ ________ ____.
________ _____ ___ _________ _____ ______.
____ __________ _______ _____ _______ ___.
__________ ______ _________ _______ ______ __________ _____ _______ __________ _______ ____.
__________ ___ ____ ____ _______.
_____ ________ _________ ___ ____ ______ _________.
____ _______ ___ _________ ________ _____ ________ ______ __________ _______ ___ _______.
___ _______ ______ __________ ____.
_____ __________ _______ _____ _______ ________ ________ ____ __________ _____ ____ ____.
_______ ______ _______ _________ ___ __________ _________ ____ ________ ______ ________ ___.
______ ______ __________ ________ _______ __________ _________ _____ ______.
_______ _____ _______ __________ _______ ______ ___ _________ ________.
__________ _________ _____ __________ ____ ___ __________ _____ _____ _____ _____.
___ ____ __________ _____ _____ _____ _______ __________.
_______ ________ ________ __________ ___ __________ ____ ________.
___ _______ ____ ______ ________ ________ _______ ________ __________ _______.
_____ __________ ____ _________ ___ ____ ___ ___ _______ ____ ___ ___.
____ _____ ______ ________ _____.
____ ___ _________ ________ __________.
_______ _________ ____ ___ ______ ______ __________.
____ ______ ___ ___ _____ _____ ________.
___ ___ ______ ___ _________ __________ ___ ___ _______ _________ _________.
_________ ______ __________ ____ ___ __________ __________ __________.
______ ______ _____ ________ _________ ____ ________ _____.
_______ ________ ____ ______ ____ _____ ______ ___ __________.
____ _______ _________ ________ ______ _________ ___ ______.
___ ____ ______ _____ ________ ___ ______.
__________ _____ _________ _________ ____ __________ ______ ________ _________ ___ ________.
_______ ______ _______ __________ ______ ________.
______ _________ _________ ___ _____.
_________ ______ _____ _________ _______ ______ _________ ______ ________ ________.
______ __________ __________ _______ ____ ____ ________ __________ _____.
__________ _____ ___ _________ ___ _____ ______ ____ ________ _______ ________.
___ ______ ______ _______ __________ _______ _________ ____ ________ _______ ________ _________.
______ _______ _____ ______ ________ _____ _______ ___ _____ _____ ___.
__________ ______ ________ ____ __________ ________ _______ _____.
_____ _______ _______ _____ _______.
_________ ___ ____ _________ _________ __________ _________ ________.
_____ ____ ___ ______ _______ __________ ______.
____ _____ ______ ________ ________ ____ ____ __________ _______ _________ _____ ____.
__________ ________ _____ _______ _________ ________ _________.
___ ____ ___ ___ _________ ______ ________ ________.
________ ________ _____ _________ ________ _________ _________ _____ _____.
_____ ____ ______ _____ _______ _________ ____ ______ _______.
____ ____ __________ ____ ___ _____ _______.
_________ ______ ______ _______ ________.
________ ___ _________ _____ _____ __________.
_________ ______ _______ ______ ____ _______ _______ ____ _______ ____ ___ _________.
_____ ________ _____ ______ __________ ___ _________ ________ ______ ________ __________.
____ ____ ________ __________ _______.
__________ _____ ____ _______ ________ ________ _________ ___ ___ ____ _________ _________.
__________ ______ __________ ______ ___.
_____ _____ ____ _________ _____ ___ _______ __________ ___.
_____ _________ _________ ____ ______ __________.
__________ ______ ________ ___ ___ ____.
__________ ____ ____ _____ ________ _____ _______ _______ _________.
__________ ___ _______ __________ _______ ________ ____ _______ _______ _______ ________ ______.
___ _______ _________ _____ ____.
_________ __________ ________ ______ ___ _______ __________ ____.
_____ ____ _______ _________ ______ ________ ______ _______ ____ _____ ____.
________ _____ _________ ___ _____ ___ _____ ______.
___ _______ ______ ______ _________ ________.
_______ ____ _________ ___ _______ _____ _________.
____ ________ ______ _______ ________.
__________ ________ _______ __________ ____ ___.
______ _______ ____ ______ _____ ____.
_______ __________ ______ ______ _____ ____.
______ _________ ______ _________ _____ ___ __________.
_____ ______ _______ ___ ___ ____ _________.
______ _________ _______ ___ ________ ________ ____ ____ ________.
______ _______ __________ ___ _______ _________ _____ ____ _____.
_______ ________ __________ ________ __________ ________ _____.
__________ _______ ____ _______ __________ _________ ___ ________ _________ ______ _________.
_______ _______ _______ ________ _______ ___ _____ _________.
___ ________ _________ _______ ________ ________ ___ _________.
________ __________ ____ ___ ______ __________ ________ _________ _______ _____ _______.
__________ ___ _____ _______ _____ ____ __________ ______ _______.
______ _____ _____ ________ __________ ___.
________ __________ __________ ___ ______ ________.
___ __________ _____ _______ _________ _____ _______ ______ _________ ________.
____ _____ _______ ___ __________ _______ ______ ________ ______ ___ ____.
________ ____ ____ ______ _________ _____ _____ _____ ___ __________ _____.
__________ __________ ___ ____ _____ ___ _________ ____ ___ _________ ____.
_______ _________ _____ ____ __________ _________ _________ __________ _______ _____ _____ ___.
________ _____ _________ ____ ________ _________ _____ ____ _____ ________ ___.
_____ ___ ___ ____ ___ _____ ___ ________ ______ _________ _________ ____.
____ ___ ______ _________ ______ ______ _______ _______ _________ _____.
____ ___ ________ _________ _____ _____ __________ _________ ______ ___ ________.
___ __________ ___ _________ __________ ___ _____ _______ _______.
_____ ____ ______ _______ _______ ________ ______ ________ _____.
____ ____ ________ ________ __________ _________ __________ _________ _______.
Skip in 10
The National Housing Bank (NHB) was established under the National Housing Bank Act, 1987 as the apex financial institution for housing finance in India. It was set up with the objective of promoting a sound, healthy, viable, and cost-effective housing finance system to meet the housing needs of all sections of society. NHB acts as a principal agency to promote housing finance institutions, regulate and supervise Housing Finance Companies (HFCs), and support the development of the housing finance market. Though the regulatory authority over HFCs has been transferred to the Reserve Bank of India (RBI) since 2019 through amendments in the Finance Act, NHB continues to play a significant developmental role in the housing finance sector. Understanding its traditional functions and regulatory framework remains important for the study of financial services management. One of the primary functions of the National Housing Bank is the promotion and development of housing finance institutions. NHB encourages the establishment of specialized housing finance institutions across the country to increase the availability of housing credit. It provides guidance, financial assistance, and institutional support to strengthen the housing finance system and promote financial inclusion in the housing sector. NHB acts as an apex refinancing institution. It provides refinance assistance to banks, Housing Finance Companies, cooperative institutions, regional rural banks, and other eligible financial institutions that extend housing loans to individuals and housing projects. Through refinance, NHB ensures that lending institutions have adequate liquidity to expand their housing loan portfolios. This contributes to greater availability of affordable housing finance, especially for economically weaker sections and middle-income groups. Another important function is resource mobilization. NHB raises funds through the issue of bonds, borrowing from financial institutions, obtaining loans from the Government of India, and accessing domestic and international financial markets. These funds are utilized to support housing finance activities and refinance eligible
___ ______ ___ ______ ______ ____ ________ ____ ___.____ ___ ________ __________ _____ ______.
_________ ________ _____ _______ _______ ___ ______ ______.
______ ________ _________ ______ ____ ______ _______.
__________ ____ _________ _____ ___ __________ ________ ___ _____ ___ _____.
________ _______ _____ _______ ______ ____ ____ _________.
____ ______ ________ ___ ___ ______.
_______ __________ _______ _____ __________ ____ ________ ______ ____ _________.
________ ____ __________ ____ ________ _________ ______ _______.
_______ __________ __________ ________ ___ ___ _____ ________ _____.
_________ _______ ______ ______ ____ ____ ____ _______ ______ __________.
______ ___ _________ _________ ________ ______ ____ _____.
___ ____ ________ __________ _________ _____ ______.
______ ________ _________ ________ ___ _______ ______ ________ _______.
_________ ____ ___ ____ ____ ___ _________.
_________ ___ ______ _________ ______.
_____ ________ _________ _________ _______.
____ _____ __________ _________ __________.
____ ___ ____ _______ ____ ____.
_______ __________ ___ _____ ___ ____.
___ ________ _____ __________ __________ ______ _____ ______ __________ ______ _________ _____.
______ _________ ___ __________ ___ _________.
__________ ______ _____ _______ ____ ____ ____ _________.
________ ____ ____ _______ ______ ___ ______ ______ _________ ____.
__________ ___ _____ ____ __________ __________ _______ ___ ____ ________ __________.
_____ _______ ________ _______ _______.
______ ___ __________ ______ __________ __________ ____ ___ _________ ___ ______.
_________ ________ ______ ___ ___.
___ ______ _____ _________ ___ _________ _______ ________ ______ ___.
______ ____ ____ ___ _____ _________ ________ __________ ___ _________ ___ _______.
____ _________ _________ ___ _______ ___.
____ _______ _____ ____ __________ ________ __________.
__________ ___ ___ ___ ____ ______ _________ ____ ____ ___ ________ ____.
_____ ____ ___ ___ _________ ___ _______ ___ _____.
_______ ______ ______ _______ ________ ____ ________ __________ __________.
_________ _________ ___ _______ ___ _____.
_____ __________ ____ _________ __________ ______ _______ ____ ___ __________ _____ _______.
______ ____ ______ ____ _______ __________ _____ ________.
_________ ____ ___ __________ ________ ________ ___ _______.
___ __________ _________ ______ ________ _______ _________ ________.
_______ _____ _______ _______ ___ __________.
_____ _______ ________ __________ ____ _____ _____ ______ _________ _____ _______.
_______ ________ _________ _________ ______ ________ ______ _____ _________ _________ ___ _______.
_______ _________ ________ ______ __________ ________ __________.
___ _______ __________ _______ ____ ________ __________ _________ ___ _________ __________ _____.
_________ _________ ________ ________ ____ ________ ____.
________ _____ ___ _________ _____ ______.
____ __________ _______ _____ _______ ___.
__________ ______ _________ _______ ______ __________ _____ _______ __________ _______ ____.
__________ ___ ____ ____ _______.
_____ ________ _________ ___ ____ ______ _________.
____ _______ ___ _________ ________ _____ ________ ______ __________ _______ ___ _______.
___ _______ ______ __________ ____.
_____ __________ _______ _____ _______ ________ ________ ____ __________ _____ ____ ____.
_______ ______ _______ _________ ___ __________ _________ ____ ________ ______ ________ ___.
______ ______ __________ ________ _______ __________ _________ _____ ______.
_______ _____ _______ __________ _______ ______ ___ _________ ________.
__________ _________ _____ __________ ____ ___ __________ _____ _____ _____ _____.
___ ____ __________ _____ _____ _____ _______ __________.
_______ ________ ________ __________ ___ __________ ____ ________.
___ _______ ____ ______ ________ ________ _______ ________ __________ _______.
_____ __________ ____ _________ ___ ____ ___ ___ _______ ____ ___ ___.
____ _____ ______ ________ _____.
____ ___ _________ ________ __________.
_______ _________ ____ ___ ______ ______ __________.
____ ______ ___ ___ _____ _____ ________.
___ ___ ______ ___ _________ __________ ___ ___ _______ _________ _________.
_________ ______ __________ ____ ___ __________ __________ __________.
______ ______ _____ ________ _________ ____ ________ _____.
_______ ________ ____ ______ ____ _____ ______ ___ __________.
____ _______ _________ ________ ______ _________ ___ ______.
___ ____ ______ _____ ________ ___ ______.
__________ _____ _________ _________ ____ __________ ______ ________ _________ ___ ________.
_______ ______ _______ __________ ______ ________.
______ _________ _________ ___ _____.
_________ ______ _____ _________ _______ ______ _________ ______ ________ ________.
______ __________ __________ _______ ____ ____ ________ __________ _____.
__________ _____ ___ _________ ___ _____ ______ ____ ________ _______ ________.
___ ______ ______ _______ __________ _______ _________ ____ ________ _______ ________ _________.
______ _______ _____ ______ ________ _____ _______ ___ _____ _____ ___.
__________ ______ ________ ____ __________ ________ _______ _____.
_____ _______ _______ _____ _______.
_________ ___ ____ _________ _________ __________ _________ ________.
_____ ____ ___ ______ _______ __________ ______.
____ _____ ______ ________ ________ ____ ____ __________ _______ _________ _____ ____.
__________ ________ _____ _______ _________ ________ _________.
___ ____ ___ ___ _________ ______ ________ ________.
________ ________ _____ _________ ________ _________ _________ _____ _____.
_____ ____ ______ _____ _______ _________ ____ ______ _______.
____ ____ __________ ____ ___ _____ _______.
_________ ______ ______ _______ ________.
________ ___ _________ _____ _____ __________.
_________ ______ _______ ______ ____ _______ _______ ____ _______ ____ ___ _________.
_____ ________ _____ ______ __________ ___ _________ ________ ______ ________ __________.
____ ____ ________ __________ _______.
__________ _____ ____ _______ ________ ________ _________ ___ ___ ____ _________ _________.
__________ ______ __________ ______ ___.
_____ _____ ____ _________ _____ ___ _______ __________ ___.
_____ _________ _________ ____ ______ __________.
__________ ______ ________ ___ ___ ____.
__________ ____ ____ _____ ________ _____ _______ _______ _________.
__________ ___ _______ __________ _______ ________ ____ _______ _______ _______ ________ ______.
___ _______ _________ _____ ____.
_________ __________ ________ ______ ___ _______ __________ ____.
_____ ____ _______ _________ ______ ________ ______ _______ ____ _____ ____.
________ _____ _________ ___ _____ ___ _____ ______.
___ _______ ______ ______ _________ ________.
_______ ____ _________ ___ _______ _____ _________.
____ ________ ______ _______ ________.
__________ ________ _______ __________ ____ ___.
______ _______ ____ ______ _____ ____.
_______ __________ ______ ______ _____ ____.
______ _________ ______ _________ _____ ___ __________.
_____ ______ _______ ___ ___ ____ _________.
______ _________ _______ ___ ________ ________ ____ ____ ________.
______ _______ __________ ___ _______ _________ _____ ____ _____.
_______ ________ __________ ________ __________ ________ _____.
__________ _______ ____ _______ __________ _________ ___ ________ _________ ______ _________.
_______ _______ _______ ________ _______ ___ _____ _________.
___ ________ _________ _______ ________ ________ ___ _________.
________ __________ ____ ___ ______ __________ ________ _________ _______ _____ _______.
__________ ___ _____ _______ _____ ____ __________ ______ _______.
______ _____ _____ ________ __________ ___.
________ __________ __________ ___ ______ ________.
___ __________ _____ _______ _________ _____ _______ ______ _________ ________.
____ _____ _______ ___ __________ _______ ______ ________ ______ ___ ____.
________ ____ ____ ______ _________ _____ _____ _____ ___ __________ _____.
__________ __________ ___ ____ _____ ___ _________ ____ ___ _________ ____.
_______ _________ _____ ____ __________ _________ _________ __________ _______ _____ _____ ___.
________ _____ _________ ____ ________ _________ _____ ____ _____ ________ ___.
_____ ___ ___ ____ ___ _____ ___ ________ ______ _________ _________ ____.
____ ___ ______ _________ ______ ______ _______ _______ _________ _____.
____ ___ ________ _________ _____ _____ __________ _________ ______ ___ ________.
___ __________ ___ _________ __________ ___ _____ _______ _______.
_____ ____ ______ _______ _______ ________ ______ ________ _____.
____ ____ ________ ________ __________ _________ __________ _________ _______.
IGNOU ACADEMY
Your IGNOU journey, made easier.
- Solved Assignments
- Study Notes
- Guess Papers
- Question Papers
Continue Reading — It's Free
Sign in with Google to unlock more of this answer.
✓ Free access
✓ Unlock up to 60% of the answer
✓ No payment required
✓ Unlock up to 60% of the answer
✓ No payment required
Quick Google sign-in. No separate registration form.