National Housing Bank (NHB)
National Housing Bank (NHB) was set up by an Act of Parliament in 1987. NHB is an apex financial institution for housing.
The broad functions of NHB as a part of its objective of building a strong, healthy, cost-effective, and viable Housing Finance System include:
(i) Supervision and grievance redressal regarding Housing Finance Companies (HFCs).
(iii) Promotion and Development.
It is to be noted that NHB supervises HFCs while regulation of HFCs is with RBI.
For further details, the website of the Organisation may be visited at https://nhb.org.in/en/.