Wednesday, May 1, 2019, 7:48 AM
The government has issued a notification taking over the National Housing Bank ( NHB) after buying entire stake for Rs 1,450 crore from the Reserve Bank of India ( RBI). The RBI has exited the NHB, thus making it a fully government-owned entity. The central bank was holding 100% stake in the NHB, the housing finance regulator. The RBI has also divested its shareholding
Monday, November 12, 2018, 12:33 PM
Shares of PNB Housing Finance gained 5.3 percent intraday Monday after it obtained refinance sanction of Rs 3,500 crore from the National Housing Bank (NHB) in October, 2018. The funds will be utilized for the specific sector wise disbursements / end uses as per norms of the respective NHB refinance schemes. The share price fell 30 percent in the last 1 year.
25 June 2018, Monday
You have shortlisted a property and decided to buy a dream home. All you need to do is finalize the bank in which you will avail a home loan ...
Thursday, April 26, 2018, 5:50 PM
The government will soon acquire the stake of RBI in housing finance regulator NHB, sources said. The stake transfer would be cash neutral and there would be no cash outgo, sources said. RBI currently holds 100% stake in the NHB. The Finance Bill 2018 has amended to the National Housing Bank Act, 1987, for transferring RBI's stake in the NHB to the government.
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