Page 231 - NHB AR 2020-21-3 complete- Print (1)
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2.4 Performance Highlights of 2020-21
2.4.1 Supervision
• On-site inspections of 51 registered HFCs were conducted.
• For ensuring an effective Supervisory mechanism, the Bank has introduced a
decentralized structure of Supervision wherein Officers at the level of Regional Office
(RO)/Regional Representative Offices (RROs) have been appointed as Nodal Officers.
• 38 Housing Finance Companies were penalized during the year for various non-
compliances.
• The due dates of submission of various returns by HFCs was extended on account of the
COVID – 19 Pandemic.
• Virtual Training programmes on Know Your Customer (KYC) and Anti Money
Laundering (AML) activities, Regulatory and Supervisory issues (in house) and Training
on Supervisory Returns were conducted during the year under capacity building activities.
• Bank launched an ‘Online Inspection Report System’ during FY21, to digitize and ease
the process of submission of reports especially in the unprecedented times of COVID19.
• To further strengthen its supervisory activities, Bank has embarked on an ambitious
project called the Automated Data Flow System (ADF). Through this project, the Bank
aims to receive granular data from the HFC systems to NHB systems in a seamless,
automated manner without any manual intervention based on set frequencies.
2.4.2 Refinancing
• Total refinance disbursements of `34,230 crore in June’21 as compared to `31,258 crore
during previous year, an increase of about 9.51 per cent.
• Affordable Housing Fund disbursements increased from `4,888 crores to `9,631 crore
during June’20 to June’21.
• The outstanding refinance increased from `83,541 crore as on June’20, to `85,545 crore
as on June‘21.
• Disbursement of `452 crore under the Special Refinance Facility (SRF) scheme during
current year (out of total `9,989 crore disbursed under the facility).
• Of the total amount of `5,000 crore allocated by RBI under Additional Special Liquidity
Facility (ASLF), disbursement of `3,927 crore was made under NHB’s Additional Special
Refinance Facility (ASRF) scheme till June’21.
Annual Report 2020-21 | 211
2.4.1 Supervision
• On-site inspections of 51 registered HFCs were conducted.
• For ensuring an effective Supervisory mechanism, the Bank has introduced a
decentralized structure of Supervision wherein Officers at the level of Regional Office
(RO)/Regional Representative Offices (RROs) have been appointed as Nodal Officers.
• 38 Housing Finance Companies were penalized during the year for various non-
compliances.
• The due dates of submission of various returns by HFCs was extended on account of the
COVID – 19 Pandemic.
• Virtual Training programmes on Know Your Customer (KYC) and Anti Money
Laundering (AML) activities, Regulatory and Supervisory issues (in house) and Training
on Supervisory Returns were conducted during the year under capacity building activities.
• Bank launched an ‘Online Inspection Report System’ during FY21, to digitize and ease
the process of submission of reports especially in the unprecedented times of COVID19.
• To further strengthen its supervisory activities, Bank has embarked on an ambitious
project called the Automated Data Flow System (ADF). Through this project, the Bank
aims to receive granular data from the HFC systems to NHB systems in a seamless,
automated manner without any manual intervention based on set frequencies.
2.4.2 Refinancing
• Total refinance disbursements of `34,230 crore in June’21 as compared to `31,258 crore
during previous year, an increase of about 9.51 per cent.
• Affordable Housing Fund disbursements increased from `4,888 crores to `9,631 crore
during June’20 to June’21.
• The outstanding refinance increased from `83,541 crore as on June’20, to `85,545 crore
as on June‘21.
• Disbursement of `452 crore under the Special Refinance Facility (SRF) scheme during
current year (out of total `9,989 crore disbursed under the facility).
• Of the total amount of `5,000 crore allocated by RBI under Additional Special Liquidity
Facility (ASLF), disbursement of `3,927 crore was made under NHB’s Additional Special
Refinance Facility (ASRF) scheme till June’21.
Annual Report 2020-21 | 211
