{"id":28934,"date":"2014-03-22T12:12:13","date_gmt":"2014-03-22T06:42:13","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=28934"},"modified":"2020-06-15T03:17:29","modified_gmt":"2020-06-14T21:47:29","slug":"28934-nhb-to-raise-200-million-through-ecb","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/28934-nhb-to-raise-200-million-through-ecb\/","title":{"rendered":"NHB to raise $ 200 million through ECB"},"content":{"rendered":"

\"NHB\"<\/a>Mumbai: <\/b>The National Housing Bank (NHB) has announced that it will raise about $ 200 million from overseas market in the period of coming 14 days. The National Housing Bank regulates pure-play home financiers. NHB will ensure that home loan players meet the defined target of $ I billion for foreign fund for fiscal year 2014.NHB chairman and managing director RV Verma said that NHB will be raising $ 200 million through the External Commercial Borrowing (ECB) and it will be raised in the next 10-15 days. NHB also plans to go ahead of the reserve bank of India in a day or two. Once we raise this amount, home loan companies will also achieve the target of $ I billion in the fiscal year 2014 through the ECB window for affordable housing<\/a> in India.HDFC went public with about $300 million fund raising through the ECB route. Apart from HDFC, other companies have also availed the benefits. LIC home Finance, Dewan Housing Finance, and PNB housing finance have managed fund raising of $500 million.NHB acts as the sector regulator for housing finance companies is seeking to arrange the funds at a rate of London Interbank Offered Rate plus 1.50-1.60 per cent. NHB has not announced any target for the fiscal year 2015 which will be raised through ECB.The NHB has already refinanced about 13000 crore of loan and it is also confident that it will achieve its target by June 30. RV Verma said that NHB will ask finance ministry to raise the target to over 6000 crore for the next fiscal year.\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a>\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Mumbai: The National Housing Bank (NHB) has announced that it will raise about $ 200 million from overseas market in the period of coming 14 days. The National Housing Bank regulates pure-play home financiers. NHB will ensure that home loan players meet the defined target of $ I billion for foreign fund for fiscal year […]<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-28934","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"\nNHB to raise $ 200 million through ECB -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/28934-nhb-to-raise-200-million-through-ecb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NHB to raise $ 200 million through ECB -\" \/>\n<meta property=\"og:description\" content=\"Mumbai: The National Housing Bank (NHB) has announced that it will raise about $ 200 million from overseas market in the period of coming 14 days. 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