Question

Which of the following bank is not involved in housing finance to general public?

A National Housing Bank Correct Answer Incorrect Answer
B State Bank of India Correct Answer Incorrect Answer
C Punjab National Bank Correct Answer Incorrect Answer
D Union Bank of India Correct Answer Incorrect Answer
E Housing Development Finance Corporation Limited Correct Answer Incorrect Answer

Solution

National Housing Bank, is the apex regulatory body for overall regulation and licensing of housing finance companies in India. It is under the jurisdiction of Ministry of Finance, Government of India. It was set up on 9 July 1988 under the National Housing Bank Act, 1987.

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