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#national housing bank
#national housing bank function
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🏦 : National Housing Bank :🏦

👉 National Housing Bank Is, a wholly-owned subsidiary of Reserve
Bank of India . it was set up on 9 July 1988 under the National
Housing Bank Act, 1987.

👉National Housing Bank is an apex financial institution for
housing.

👉 Currently, there are 97 registered housing finance companies in India.

👉 Its headquarters is in New Delhi, India.

👉 National Housing Bank 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 there with.


👉the main function of national housing bank is National Housing Bank acts as an autonomous Institute with focus on Housing development,
promoting Housing Finance Institutions across the country for both regional and national development of Housing Infrastructure and also
to make available financing needs of these Institutes through either fund raising for onward.

👉 National Housing Bank
RESIDEX was launched the first official residential housing price index.




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#nationalhousingbankfunction