refinance issues and way forward peeyush pandey manager national housing bank april 20, 2012
TRANSCRIPT
Initiatives / Products
Introduction of Refinance Scheme for housing loans to borrowers of weaker section (under RHF) [since 01-04-2008]
Refinance Scheme for Energy Efficient Housing [since 01-07-2010]
Extension of refinance under the Rural Housing Fund to the non-contributing Public Sector Banks
Policy relaxations for new HFCs engaged in housing finance in rural areas / for low income segments
Equity support to new HFCs engaged in housing finance in rural areas / for low income segments
PLIs to scale up lending operations o in rural areaso to low income / informal segmentso under Govt. programmes / schemes for
rural housing / affordable housing
Encourage participation in Government schemes for rural / affordable housing to EWS / LIG beneficiaries
Rural Housing Fund
Expanding credit availability Ensuring proper utilization Passing on benefit of low cost funds to
ultimate beneficiaries Strengthening MIS to capture data on
income and other eligibility parameters
Avail at least one-half of the sanctioned limit under RHF / for low income housing
Increasing loan portfolio by taking advantage of Credit Guarantee Fund / loan-cum-subsidy programmes of Government(s)
Energy Efficient Housing
Sahara City Homes (type A, B, C & D) at Nagpur - 24 - 31%
Sahara City Homes at Lucknow - 32% 3C’s projects at NOIDA - 10 - 16% Hiranandani Palace Gardens at Mumbai -
33% BCIL Zedwood at Bangalore - 31 - 42%