The National Housing Bank (NHB) was set up in July 1988, under an Act of the Parliament. The Bank is a wholly owned subsidiary of the Reserve Bank of India (RBI).

The need to set up the Bank as the Apex body stemmed from various factors. More prominent amongst them, was the acute shortage of funds confronting the housing sector resulting in serious gap in housing supply. Absence of specialised and mature housing finance system resulted in inadequate finance for both individual loans and delivery of buildable/serviced land, building materials, cost-effective technologies and other related know-how.

NHB's principal mandate has been to establish a network of housing finance outlets across the vast expanse of the nation to serve different income and social groups in different regions and cover a wide range of activities related to housing and human settlement.

Among the multiple responsibilities entrusted to NHB under Section 14 of Chapter IV of the NHB Act, 1987, the development of human resources is a major agenda of the Bank This is sought to be addressed partially through training programmes, seminars and symposia on matters related to housing for the officials of the Housing Finance Companies (HFCs), Commercial Banks and Public Housing Agencies.

Housing is one of the basic needs of man and an important component of the socio-economic environment in the country. The housing needs for the vast population offers a gigantic challenge and at the same time creates enormous opportunities for enhanced financing business. Financing in the housing sector is however tempered by the distinctive-almost uncommon features of the sector in comparison to other segments of the economy. Building awareness about the social challenge and economic opportunities associated with housing sector constitutes a prime driving force in our endeavor towards expanding home ownership in the country.

The objective of the programme on "Housing Finance" is to familiarize the participants with the mechanics of the formal housing finance system and with the potential opportunities and challenges associated with shelter financing. The programme is designed so as to enable the participants to deal with the related operational aspects in an effective and prudent manner.

• Housing Finance System in India & in other countries
• Issues relating to the housing sector and housing finance
• Role of a Regulator
• Financial , technical and Legal appraisal
• Post disbursal Monitoring/MIS
• Future Challenges &Opportunities
• Management Skills

Middle and Junior level officers of Housing Finance Companies
(A maximum of 3 participants per HFC only will be accepted)

Dates: May 21-23, 2003
At : Chennai, India

• Registration form in the format overleaf to be submitted
• alongwith Registration fees of Rs 5,000.00 per participant payable by DD/cheque, favouring National Housing Bank payable at New Delhi.

The Deputy General Manager,
Training Department
National Housing Bank, Core 5A, 3rd Floor, India Habitat Centre, Lodhi Road, New Delhi-110 003
Telephone :(011)24649117,24649031-35 Ext.358
Fax:(011) 24646988/ 24649041
E -mail:: raghuv@nhb.org.in
vishalg@nhb.org.in

Last Date for receiving nominations:

May 5, 2003

Last Date for Withdrawal

The last date for withdrawal is May 9, 2003. Any request for withdrawal received after this date will entail forfeiture of full fee.