Cabinet approves Rs 1450 Cr for share capital of RBI in National Housing Bank

RBI

By Accommodation Times Bureau The Cabinet yesterday approved payment of the face value of the subscribed share capital of Rs1450 crore in National Housing Bank (NHB) to Reserve Bank of India (RBl) consequent to amendments made to the NHB Act, 1987 in 2018. Impact: NHB is an apex agency established to operate as