Finance by national housing banks
Shobhit Jain
(Querist) 11 June 2020
This query is : Resolved
Whether NHB provides funds for lending to Housing finance companies? We are aware that they are providing refinancing facilities, but whether they are providing direct financing as well?
Dr J C Vashista
(Expert) 12 June 2020
What is the dispute involved in your post for consideration and obligation of experts ?
P. Venu
(Expert) 12 June 2020
Yes, the posting suggests no legal elements.
malipeddi jaggarao
(Expert) 12 June 2020
Answer is there in your query itself. It is a refinancing agency. It does not provide direct finance for housing. Moreover as others opined, there is no legal ambiguity in your query.
Rajendra K Goyal
(Expert) 13 June 2020
NHB regulates the housing finance system of the country, extends refinance to different primary lenders and lends directly in respect of projects undertaken by public housing agencies for housing construction and development of housing related infrastructure.
NHB does not grant any loan directly to individual.
