Thrifts and Mortgage Finance
Company Overview of National Housing Bank
National Housing Bank operates as a multifunctional development finance institution in India. The company engages in the promotion of housing finance institutions, as well as provides financial and other support services to housing finance institutions; establishment and promotion of housing financing system; and regulates and supervises the activities of housing finance companies in accordance with the provisions of the NHB Act. It is also involved in the provision of refinance for housing finance companies, scheduled commercial banks, scheduled urban cooperative banks, regional rural banks, state level apex co-operative housing finance companies, and agriculture and rural development banks...
India Habitat Centre
New Delhi, 110003
Founded in 1988
Key Executives for National Housing Bank
Chief Executive Officer, Managing Director, Director and Member of Executive Committee
Compliance Officer and Deputy General Manager
Compensation as of Fiscal Year 2016.
National Housing Bank Key Developments
National Housing Bank Announces Unaudited Standalone Earnings Results for the Half Year Ended December 31, 2015
Feb 20 16
National Housing Bank announced unaudited standalone earnings results for the half year ended December 31, 2015. For the period, the company reported interest earned of INR 19,797.122 million compared to INR 18,897.116 million a year ago. Total income was INR 20,052.962 million compared to INR 18,967.927 million a year ago. Operating profit before provisions and contingencies was INR 6,164.891 million compared to INR 6,216.394 million a year ago. Profit from ordinary activities before tax was INR 5,829.932 million compared to INR 5,897.836 million a year ago. Net profit for the period was INR 3,749.932 million compared to INR 3,858.236 million a year ago. Return on assets (annualized) was INR 1.476% compared to 1.750% a year ago.
National Housing Bank Appoints Sriram Kalyanaraman as Managing Director and Chief Executive Officer
Jul 8 15
National Housing Bank announced that Sriram Kalyanaraman, who is currently director (business development) at Equifax Credit Information Services Private Ltd., has been appointed as managing director and chief executive officer for a period of five years from the date of his taking charge.
National Housing Bank Reports Audited Standalone Earnings Results for the Six Months Quarter Ended December 31, 2014
Feb 19 15
National Housing Bank reported audited standalone earnings results for the six months quarter ended December 31, 2014. For the period, net interest earned was INR 18,897.116 million against INR 16,914.773 million a year ago. Total income was INR 18,967.928 million against INR 16,969.061 million a year ago. Operating profit before provisions and contingencies were INR 6,216.394 million against INR 4,182.617 million a year ago. Profit from ordinary activities before tax was INR 5,897.836 million against INR 3,712.969 million a year ago. Net profit was INR 3,858.236 million against INR 11.177 million a year ago. ROA was 1.75% against 1.20% a year ago.
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