Page 280 - NHB AR 2020-21-3 complete- Print (1)
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The performance highlights of the Bank are tabulated below:
Particulars Financial Year 2019-20 (` in crores)
(July to June) Financial Year 2020-21
Gross Income 5025.26
Interest Income 4984.82 (July to June)
Other Income 40.44 4878.19
Total Operating Expenditure 3498.92 4827.35
(Gain)/Loss on account of foreign (8.20) 50.84
exchange fluctuations 3654.92
Operating Profit/Turnover 1534.54 60.78
Provisions and Contingencies 1082.87
Profit Before Tax 451.67 1162.49
Provision for Tax/Deferred Tax 256.00 702.52
Profit After Tax 195.67 459.97
Net Interest Income 1562.52 (203.16)
Gross Non-Performing Assets 2502.85 663.12
Net Non-Performing Assets 624.66 1253.54
Paid Up Capital 1450.00 2502.85
Reserves and Surplus 7679.37
Net Owned Fund 8587.21 Nil
Return on Average Assets 1450.00
Interest Coverage Ratio 0.25% 8345.00
Return on NOF 1.13 8742.16
Net Interest Margin
2.27% 0.75%
2.17% 1.13
7.71%
1.56%
2. State Of Affairs
The National Housing Bank is a development financial institution established in 1988, under an
Act of Parliament viz., the National Housing Bank Act, 1987. NHB is to operate as a principal
agency housing finance institutions and to provide financial and other support to such
institutions. The main three functions of NHB are supervision, financing and promotion and
development. NHB’s business includes refinancing housing loans to individuals of HFCs, SCBs,
Grameen Banks/ Regional Rural Banks and Small Finance Banks (SFBs) and project financing
public agencies and public private partnership entities for their housing projects.
The regulatory powers of the Bank has shifted to Reserve Bank of India vide notification dated
9th August 2019.
There has been no change in the business of the Bank during the financial year ended June 2021.
260 | Annual Report 2020-21
Particulars Financial Year 2019-20 (` in crores)
(July to June) Financial Year 2020-21
Gross Income 5025.26
Interest Income 4984.82 (July to June)
Other Income 40.44 4878.19
Total Operating Expenditure 3498.92 4827.35
(Gain)/Loss on account of foreign (8.20) 50.84
exchange fluctuations 3654.92
Operating Profit/Turnover 1534.54 60.78
Provisions and Contingencies 1082.87
Profit Before Tax 451.67 1162.49
Provision for Tax/Deferred Tax 256.00 702.52
Profit After Tax 195.67 459.97
Net Interest Income 1562.52 (203.16)
Gross Non-Performing Assets 2502.85 663.12
Net Non-Performing Assets 624.66 1253.54
Paid Up Capital 1450.00 2502.85
Reserves and Surplus 7679.37
Net Owned Fund 8587.21 Nil
Return on Average Assets 1450.00
Interest Coverage Ratio 0.25% 8345.00
Return on NOF 1.13 8742.16
Net Interest Margin
2.27% 0.75%
2.17% 1.13
7.71%
1.56%
2. State Of Affairs
The National Housing Bank is a development financial institution established in 1988, under an
Act of Parliament viz., the National Housing Bank Act, 1987. NHB is to operate as a principal
agency housing finance institutions and to provide financial and other support to such
institutions. The main three functions of NHB are supervision, financing and promotion and
development. NHB’s business includes refinancing housing loans to individuals of HFCs, SCBs,
Grameen Banks/ Regional Rural Banks and Small Finance Banks (SFBs) and project financing
public agencies and public private partnership entities for their housing projects.
The regulatory powers of the Bank has shifted to Reserve Bank of India vide notification dated
9th August 2019.
There has been no change in the business of the Bank during the financial year ended June 2021.
260 | Annual Report 2020-21
