| Type | Public |
|---|---|
| Industry | Banking |
| Founded | New Delhi, 1988 |
| Headquarters | New Delhi, India [1] |
| Products | Loans |
| Website | www.nhb.org.in |
The National Housing Bank (NHB) is a state owned bank and regulation authority in India, created on July 8, 1988[2] under section 6 of the National Housing Bank Act (1987). The headquarters is in New Delhi and i's total staff June 30, 2008 was 80.[3]
The institution, owned by the Reserve Bank of India, was established to promote private real estate acquisition.[4] The NHB is regulating[5] and re-financing[6] social housing programs and other activities like research and IT-initiatives, too.