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NHB was the regulator of housing finance companies; however effective August 2019, the regulatory powers of NHB were transferred to RBI. This was done following the sale of the stake in NHB held by RBI to the Government of India. As such, NHB ceased to be a subsidiary of RBI in March 2019. Now, RBI is the regulator of Housing Finance Companies in India, while NHB continues to supervise the HFCs
Which of the following represents a conventional form of lending to weaker sections under the formal sector?
Which renowned Indian author wrote the novel "The God of Small Things," which won the Man Booker Prize in 1997?
The Reserve Bank of India (RBI) has directed which card networks to cease their Business Payment Solution Provider (BPSP) operations?
In which Indian state is the world's first 'Black Tiger Safari' set to be established?
What is the overall index value of India in the Global Pension Index 2023?
Which state's coastal areas has been recognized by UNESCO as to be ready for tsunami?
Where is the headquarters of World Intellectual Property Organisation situated?
What percentage of India’s remittances came from the UAE in 2023?
The Reserve Bank of India (RBI) signed an agreement with Indonesia’s central bank to promote cross-border local currency transactions. This agreement ...
India’s First Festival of Inclusion, Purple Fest started in which state?
