https://www.taxtmi.com/news?id=21180 The Cabinet approved payment of the face value of the subscribed share capital held by the Reserve Bank of India so that the subscribed capital of the National Housing Bank shall transfer to and vest in the Central Government pursuant to amendments to the NHB Act; this transfer strengthens NHB's wholesale financing role and segregates RBI's regulatory function from ownership, with the expenditure met from gross budgetary support and beneficiaries including the housing sector. en-us Fri, 01 Mar 2019 09:56:27 +0530 Fri, 01 Mar 2019 09:56:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21180 The Cabinet approved payment of the face value of the subscribed share capital held by the Reserve Bank of India so that the subscribed capital of the National Housing Bank shall transfer to and vest in the Central Government pursuant to amendments to the NHB Act; this transfer strengthens NHB's wholesale financing role and segregates RBI's regulatory function from ownership, with the expenditure met from gross budgetary support and beneficiaries including the housing sector. News - Fri, 01 Mar 2019 09:56:27 +0530 https://www.taxtmi.com/news?id=21180