National Housing Bank

	RML Event held on June 03, 2008 at India Habitat Centre, New Delhi:
	RML Event held on June 20, 2008 at KLN Prasad Auditorium, FAPCCI House, Hyderabad:
	RML Event held on July 26, 2008 at Randhawa Auditorium, Punjab Arts Council, Chandigarh:
	RML Event held on September 09, 2008 at India International Centre, New Delhi:
	RML Event held on September 29, 2008 at Federation of Resident Welfare Association & Proactive Citizens, Safdarjung Enclave:
	RML Event held on October 17, 2008 at Senior citizens association of Janakpuri New Delhi:
	RML Event held on December 6, 2008 at Senior Citizens Forum of Lajpat Nagar, New Delhi:
	RML Event held on December 30, 2008 at Birla Academy of Arts and Culture, Kolkata:
	RML Event held on January 10, 2009 at Community Centre, Senior Citizens Forum Sector-37, Faridabad, Haryana :
	RML Event held on Seminar on Reverse Mortgage Loan Scheme was organized on March 11, 2009 at Bengaluru :
	Celebration of International Womens Day at NHB
	RML Event held on March 28,2009 at Delhi Gymkhana Club, New Delhi:
	RML Event held on April 4, 2009 at Hotel GRT Grand, Chennai:
	RML Event held on May 08,2009 at EMMRC Hall, Manasagangothri Campus, Mysore University, Mysore-570006:
	RML Event held on 31-05-2009, Inauguration of Reverse Mortgage Counseling Centre at Chennai:
	RML Event held on June 15, 2009 at India International Centre, New Delhi:
	RML Event held on August 1, 2009 at National Housing Bank Head Office, Lodi Road, New Delhi:
	RML Event held on October 01, 2009 at Delhi Secretariat Indraprastha Estate New Delhi:
	RML Event held on December 10,2009 at India Habitat Centre, Lodhi Road, New Delhi:
	RML Event held on March,6th 2010 at Mayur Vihar Phase-II, Delh:

RML Event held on June 03, 2008 at India Habitat Centre, New Delhi:

A Seminar on Reverse Mortgage Loans (RMLs) for Senior Citizens was held at New Delhi on June 3, 2008 in collaboration with HelpAge India, a global NGO for senior citizens. Shri Pawan Kumar Bansal, Union Minister of State for Finance presided over the seminar as the Chief Guest.

A virtual inauguration of the RML Counselling Centres set up at the offices of NHB and HelpAge India was done by Shri Pawan Kumar Bansal, Union Minister of State for Finance.

A Memorandum of Cooperation (MoC) was also executed between NHB and Helpage India to collaborate with each other on non-exclusive basis in areas of common interest, which would include, inter alia, to jointly promote RML through counseling of senior citizens. The MoC was signed by Sh. S. Sridhar, CMD, NHB on behalf of the Bank and Sh. Mathew Cherian, Director General, Helpage India, on behalf of Helpage India.

RML Event held on June 20, 2008 at KLN Prasad Auditorium, FAPCCI House, Hyderabad:

Virtual inauguration of RML Counselling Centre set up in the office premises of HelpAge India at Hyderabad was done by Shri Arun Ramanathan, Secretary to the Government of India, Ministry of Finance at a Seminar held on June 20, 2008.

Other distinguished members present on the occasion included Sh. S. Sridhar, CMD, NHB, Dr. K. Ramakrishnan, CMD, Andhra Bank, Dr P. L. Sanjeeva Reddy, IAS (Retd.) and Advisor, Times Foundation, Mr. Vepa Kamesam, ex-DG, RBI and MD, IIRM.

RML Event held on July 26, 2008 at Randhawa Auditorium, Punjab Arts Council, Chandigarh:

Another seminar on RML was organized on July 26, 2008 at Chandigarh. Sh.Pawan Kumar Bansal, Union Minister of State for Finance presided over the seminar as the Chief Guest. On the occasion, the RMCC located at the office of HelpAge India at Chandigarh was also inaugurated by Sh.Bansal.

Other distinguished members present on the occasion included Sh. Arbind Prasad, IAS, Jt. Secretary, Ministry of Social Justice & Empowerment, Government of India, Sh. S. Sridhar, CMD, NHB, Sh.P.H.Vaishnav, IAS (Retd), President, Chandigarh Senior Citizens Association and Sh. Pradeep Chabra, Mayor of Chandigarh.

RML Event held on September 09, 2008 at India International Centre, New Delhi:

Seminar on RML was held on September 09, 2008 in collaboration with Harmony for Silvers Foundation, an NGO headed by Mrs. Tina Ambani. Smt. Meira Kumar, Union Minister of Social Justice & Empowerment presided over the seminar as the Chief Guest. The other dignitaries who attended the function included:

	Sh. S.Sridhar, CMD, National Housing Bank
	Sh. Dharmendra Bhandari, Director, Harmony for Silvers Foundation
	Sh. R. Gandhi, Regional Director, RBI
	Sh. Ved Jain, President, Institute of Chartered Accountants of India;
	Dr. Vinita Kumar, Economic Advisor, Ministry of Finance
	Sh. B.M.Singh, former Chairman, Central Board of Direct Taxes
	Sh. Sharad Sharma, General Manager, State Bank of India
	Sh. Arvind Hali, Business Head (Mortgages), Reliance Capital

A Memorandum of Cooperation (MoC) was executed between NHB and Harmony for Silvers Foundation to collaborate with each other on non-exclusive basis in areas of common interest, which would include, inter alia, to jointly promote RML through counseling of senior citizens. The MoC was signed by Sh. R. V. Verma, ED, NHB on behalf of NHB and Sh. Dharmendra Bhandari, Director, Harmony for Silvers Foundation, on behalf of Harmony.

RML Event held on September 29, 2008 at Federation of Resident Welfare Association & Proactive Citizens, Safdarjung Enclave :

Subject: Talk on Reverse Mortgage Scheme

As part of NHB’s efforts to bring about awareness of Reverse Mortgage loans, the Bank is in touch with various associations of retired persons, that is, essentially, senior citizens associations.

In this connection we were invited to deliver a talk on Reverse Mortgage scheme on 29-09-2008 at Safdarjung Enclave, New Delhi. The talk was to apprise and familiarize the members of the association about the Reverse Mortgage Loan scheme which is operated through Banks and Housing Finance Companies.

The details of the Reverse Mortgage Loan scheme was explained to the members during the visit. It evinced considerable interest amoung the members. Pamplets/Brochures/FAQ’s on Reverse Mortgagae loan were made available to the association for the benefit of the members.

The members were advised to get in touch with the counseling centre in NHB for further enquires/clarifications. (Toll Free Helpline No- 1800115432)

RML Event held on October 17, 2008 at Senior citizens association of Janakpuri New Delhi :

Subject: Meeting with Pensioners & Retired Personals Association

As part of NHBs efforts to bring about awareness of Reverse Mortgage loans the Bank is in touch with various associations of pensioners and retired persons, that is, essentially, senior citizens associations.

In this connection a visit was organized to the Senior citizens association of Janakpuri on 17-10-2008. The visit was to apprise and familiarize the members of the association about the Reverse Mortgage loan Scheme which is operated through banks and housing finance companies.

The details of Reverse Mortgage scheme was explained to the members during the visit. It evinced considerable interest amoung the members. Pamplets/brochures/FAQs on RML were made available to the Association for the benefit of the members.

The members were advised to get in touch with the counseling centre in NHB for further enquiries/clarifications.

RML Event held on December 6, 2008 at Senior citizens Forum of Lajpat Nagar New Delhi:

Subject: Meeting with Retired Senior Citizens Forum

As part of NHBs efforts to bring about awareness of Reverse Mortgage Loans, the Bank is in touch with various associations of Pensioners and Retired persons, that is, essentially, senior citizens associations.

In this connection a visit was organized to the senior citizens association of Lajpat Nagar on 6-12-2008. The visit was to apprise and familiarize the members of the association about the Reverse Mortgage Loans scheme which is operated through Banks and Housing Finance Companies.

The details of the Reverse Mortgage Scheme was explained to the members during the visit. It evinced considerable interest amoung the members. Brochures/FAQs/Fliers on Reverse Mortgage Loan were made available to the association for the benefit of the members.

The members were advised to get in touch with the counseling centre in NHB for further enquiry/clarifications.

RML Event held on December 30, 2008 at Birla Academy of Arts and Culture, Kolkata :

Seminar on Reverse Mortgage Loan was organized on December 30, 2008 at Kolkata. Sh K.M. Acharya, Secretary to Govt. of India, Ministry of Social Justice and Empowerment was the Chief Guest in the seminar On the occasion, the Reverse Mortgage Counseling centre located at the office of Helpage India at Kolkata( 162-B,AJC Bose Road, 4th Floor, Bhupesh Bhavan, Kolkata-700014) was also inaugurated.

Other distinguished members present on the occasion included Dr.Subashish Gangopadhyay, Economist and Former Advisor to Finance Minister, Govt. of India, Sh K.R. Kamath CMD, Allahabad Bank, Ms. Rinchen Tempo, Secretary, Govt. Of West Bengal, Deptt. of Women & Child Development and Social Welfare, Ms Sushmita Ghosh, Regional Director, Helpage India.

RML Event held on January 10,2009 at Community Centre, Senior Citizens Forum Sector-37, Faridabad, Haryana:

Subject: Talk on Reverse Mortgage Scheme

As part of NHBs efforts to bring about awareness of Reverse Mortgage Loans, the Bank is in touch with various associations of retired persons, that is, essentially, senior citizens associations.

In this connection we were invited to deliver a talk on Reverse Mortgage Scheme on 10-01-2009 at Faridabad, Haryana. The talk was to apprise and familiarize the members of the association about the Reverse Mortgage Loan scheme which is operated through Banks and Housing Finance Companies.

The details of the Reverse Mortgage Loan scheme was explained to the members during the visit. It evinced considerable interest amoung the members. Brochures/FAQs/Fliers on Reverse Mortgage Loan were made available to the association for the benefit of the members.

The members were advised to get in touch with the counseling centre in NHB for further enquiry/ clarification. (Toll Free Helpline No -1800115432)

RML Event held on Seminar on Reverse Mortgage Loan Scheme was organized on March 11, 2009 at Bengaluru :

Sh A.C. Mahajan, CMD, Canara Bank presided over the seminar as the Chief Guest. On the occasion, the Reverse Mortgage Counseling Centre located at the office of an NGO, Nightingale Medical Trust, was also inaugurated by Sh. Mahajan. Other distinguished members present on the occasion included Dr. Radha Murthy, Managing Trustee, Nightingale Medical Trust, Sh K.N. Prithviraj,Administrator, Specified undertakings of UTI, Sh.Shivkumar, Convenor, Elders Helpline NMT, Sh. Gopalakrishna, Retd. ED of Corporation Bank and Sh. P.C.Nayak, Retd.IAS and Director of Institute of Socio Economic Change.

Celebration of International Womens Day at NHB

The bank celebrated International Woman's Day on 12th March,2009. On the occasion Ms. Renana Jhabvala, Chairperson of Shri Mahila SEWA Sahkari Bank Ltd. Ahmedabad participated and addressed the officer of the Bank on the ROLE OF WOMAN IN HABITAT DEVELOPMENT. Sh. S. Sridhar CMD,NHB presided over the meeting.

RML Event held on March 28,2009 at Delhi Gymkhana Club, New Delhi

Subject: Talk on Reverse Mortgage Scheme

As part of NHBs efforts to bring about awareness of Reverse Mortgage Loans, the Bank is in touch with various associations of retired persons, that is, essentially, senior citizens associations.

In this connection, we were invited to deliver a talk on Reverse Mortgage Loan scheme on 28-03-2009 at Delhi Gymkhana Club. The talk was to apprise and familiarize the members of the club about the Reverse Mortgage Loan Scheme which is operated through Banks and Housing Finance Companies.

The details of the Reverse Mortgage Loan Scheme was explained to the members during the visit. It evinced considerable interest amount the members. Brochures/FAQs/Fliers on Reverse Mortgage Loans were made available to the club for the benefit of the members.

The members were advised to get in touch with the counseling centre in NHB for further enquiry/Clarification. (Toll Free Helpline No – 1800 11 5432)

RML Event held on April 4, 2009 at Hotel GRT Grand, Chennai

Subject: Seminar on consumer Issues in Housing and Housing Finance organized by Consumer Association of India.

The captioned seminar was organized by Consumer Association of India, which was cosponsored by NHB and Indian Banks Association.

Mr. Arun Ramanathan, Finance Secretary, Government of India, was the chief guest and gave the inaugural address.

Three technical session were held which covered topics related to housing and housing finance. One of the technical session dwelt on the “Reverse Mortgage Loan Scheme”. A presentation on RML on behalf of NHB was done by Sh. N.Uday Kumar (AGM).

Other distinguished speakers in the seminar include, Mr S. Sridhar, CMD, NHB, Mr. Rajesh Lakhoni, Commissioner, Corporation of Chennai, Mr. J. Chandrasekaran, Chief GM, SBI, Mr. Ananda Ranjana Doss, Former Chief Planner, CMDA, Mr. Charles, GM, Akshaya Private Limited, Real Estate Developer, Mr. A. Madasamy, Banking Ombudsman, RBI, Chennai,Mr. K. Vaitheeswaran, Advocate and Consultant, Mr. K.T.Jagannathan, Spl. Correspondant - The Hindu, Mr. K.S. Natarajan, Advocate, Mr.Anup Sankar Bhattacharya, Executive Director, Indian Bank, Mr. Y.L. Madan, Executive Director, Indian Overseas Bank, Chennai, Mr. S. Gopalakrishnan, Advisor, Disha, Chennai, Mr.R. Desikan, Trustee, Consumer Association of India, Mr. P. R. Jaishankar (AGM) NHB.”

RML Event held on May 08, 2009 at EMMRC Hall, Manasagangothri Campus, Mysore University, Mysore-570006

Seminar on Reverse Mortgage Loan Scheme was organized on May 08, 2009 at Mysore.
Sh R.V. Shastri, Director, National Housing Bank presided over the seminar as the Chief Guest.

Other distinguished members present on the occasion included Sh. R.V.Verma, Executive Director, National Housing Bank, Dr. V.K.Natraj, Former Registrar of Mysore University, Dr.K.E. Sriramappa, Professor and Chairman, Deptt. of Studies in economics and cooperation, Prof. C.K. Renukaraya, Director, K. Mahajan Puja Bhat Institute for PG studies, Mysore University, Sh N. Uday Kumar, Assistant General Manager, National Housing Bank, Sh. Mallikarujana Swamy, Assistant General Manager, State Bank Of Mysore, Zonal Office.

The Program was organized by Sh.M.V.Srinivasa Gowda, State Bank of Mysore Chair visiting Professor, Mysore University.

RML Event held on 31-05-2009, Inauguration of Reverse Mortgage Counseling Centre at Chennai:

Sh. S. Sridhar CMD, National Housing Bank inaugurated the Reverse Mortgage Counseling Centre at Consumer Association ‘s office at Chennai on 31-05-2009.

Other distinguished members present on the occasion included Sh. K.Rajaraman, IAS, Commissioner, Deptt. of Civil Supplies and Consumer Protection, Govt. of Tamil Nadu,Sh. R.Desikan, Trustee, Consumer Association of India and Sh. N. Udaya Kumar AGM, National Housing Bank.

Housing, Construction and NHB Budget Speech - 2009-10

The Finance Minister in his Budget Speech while presenting the Budget and its proposals for FY2009-10 has announced the following measures relating to housing and construction sectors. To quote:

Urban Infrastructure

“22. The Jawaharlal Nehru National Urban Renewal Mission (JNNURM) has been an important instrument for refocusing the attention of the State governments on the importance of urban infrastructure. In recognition of the role of JNNURM, the allocation for this scheme is being stepped up by 87 per cent to Rs.12,887 crore in the current budget. To improve the lot of the urban poor, I propose to enhance the allocation for housing and provision of basic amenities to urban poor to Rs.3,973 crore in the current year’s budget. This includes the provision for Rajiv Awas Yojana (RAY), a new scheme announced in the address of the President of India. This scheme, the parameters of which are being worked out, is intended to make the country slum free in the five year period.”

Brihan Mumbai Storm Water Drainage Project (BRIMSTOWA)

“23. To address the problem of flooding in Mumbai, Brihan Mumbai Storm Water Drainage Project (BRIMSTOWA) was initiated in 2007. The entire estimated cost of the project at Rs.1,200 crore is being funded through Central assistance. A sum of Rs.500 crore has been released for this project upto 2008-09. I have enhanced the provision for this project from Rs.200 crore in Interim BE to Rs.500 crore to expedite the completion of the project.”

Bharat Nirman

46. “(iii) Bharat Nirman with its six schemes is an important initiative for bridging the gap between the rural and urban areas and improving the quality of life of people, particularly the poor, in the rural areas. I propose to step up the allocations for Bharat Nirman by 45 per cent in 2009-10 over the BE of 2008-09. The Pradhan Mantri Gram Sadak Yojana (PMGSY) is one of the most successful programmes under Bharat Nirman. I propose to step up the allocation for this programme by 59% over BE 2008-09 to Rs.12,000 crore. I also propose to allocate Rs.7,000 crore to Rajiv Gandhi Grameen Viduytikaran Yojana (RGGVY) which represents a 27 per cent increase over 2008-09 (BE).”

“(iv) The allocation for the Indira Awaas Yojana ( IAY) is proposed to be increased by 63 per cent to Rs.8,800 crore in Budget Estimates 2009-10. To broaden the pace of rural housing, I propose to allocate, from the shortfall in the priority sector lending of commercial banks, a sum of Rs. 2,000 crore for Rural Housing Fund in the National Housing Bank (NHB). This will boost the resource base of NHB for their refinance operations in rural housing sector.”

Pradhan Mantri Adarsh Gram Yojana (PMAGY)

“(v) There are about 44,000 villages in which the population of Scheduled castes is above 50 per cent. A new scheme called Pradhan Mantri Adarsh Gram Yojana (PMAGY) is being launched this year on a pilot basis, for the integrated development of 1000 such villages. I propose an allocation of Rs.100 crore for this scheme. Each village would be able to avail gap funding of Rs.10 lakh over and above the allocations under Rural Development and Poverty Alleviation Schemes. On successful implementation of the pilot phase, the Yojana would be extended in coming years.”

Programme of housing for Central Para-Military Forces

“67. Significant augmentation in the strength of para-military forces is being done. This calls for more investment in creating the necessary infrastructure, particularly in the area of housing. The Government, therefore, proposes to launch a massive to create 1 lakh dwelling units for Central Para-Military Forces personnel. This will not only contribute to the morale of the forces, but will also enable leveraging of government’s annual budgetary resources and create an innovative financing model.”

Full exemption from central excise duty on goods manufactured at construction site

“125. The construction industry has represented that they are facing difficulties on account of withdrawal of exemption on goods manufactured at site. I propose to restore full exemption to such goods, including pre-fabricated concrete slabs or blocks, when used for further construction at site.”

RML Event held on June 15, 2009 at India International Centre, New Delhi

Subject: Seminar on enhancing the quality of Life of Senior Citizens

The captioned seminar was organized by the National Institute of Social Defence under the Ministry of Social Justice &
Empowerment, Government of India.

Mrs Poonam Singh, Joint Secretary, Ministry of Social Welfare, Govt. of India was the Chief Guest and gave the
inaugural address.

One of the session dwelt on the “Reverse Mortgage Loan Scheme”. A presentation on RML on behalf of NHB was made
by Sh. P.R.Jaishankar (AGM).

Other distinguished guests who attended the seminar include Dr. H.S. Khingra, Joint Secretary, Ministry of Youth
Affairs & Sports and also Secretary Commonwealth Games 2010, Dr. Mala Kapur Shankardass, Sociologist. Ms. Saraswati,
Deputy Director, National Institute of Social Defence.

RML Event held August 1, 2009 at National Housing Bank Head Office, Lodi Road, New Delhi:

Seminar on Reverse Mortgage Loan Scheme was organized jointly by National Housing Bank and Central Bank of india on 1st August 2009 at “Chintan Kaksh” 4th floor Core 5A, India Habitat Centre, Lodi Road, New Delhi exclusively for the retired senior citizens of Central Bank of india.

The seminar was inaugurated by Sh. R.V.Verma, Executive Director, National Housing Bank.

Other distinguished members present on the occasion included Sh. B.N.S.Ratnakar, General Manager Central Bank of India,Dr. Harvinder Bakshi, National Director (Advocacy), Helpage India, Sh. N.Udaya Kumar Asst. General Manager National Housing Bank, Sh.Harish Arora, Senior Manager (credit) Central Bank Of India.

RML Event held on October 01, 2009 at Delhi Secretariat Indraprastha Estate New Delhi

Subject: Celebrating International Day on Elderly

A function to celebrate the International Day on Elderly was organized by the department of Social Welfare Government of NCT Delhi on 01-10-2009 at New Delhi.

Hon’ble Chief Minister of Delhi Smt. Shiela Dixit was the Chief Guest and gave the inaugural address.

Three sessions were held which covered topics like “The Maintenance and Welfare of Parents and Senior Citizens Act, 2007, “Ageing and Gender issues perspective”.

One of the session dwelt on the “Reverse Mortgage Loan Scheme”. A presentation on RML on behalf of NHB was made by Sh. P.R.Jaishankar (AGM).

Other distinguished speakers include Hon’ble Minister of Social Welfare,Government of NCT Delhi, Sh. Mangat Ram Singhal, Ms Neelam Rathore Advocate, Delhi High Court, Dr.Mala Kapur Shankardass, Sociologist.

RML Event held on December 10,2009 at India Habitat Centre, Lodhi Road, New Delhi-110003.

Reverse Mortgage Loan Enabled Annuity (RMLeA) Product was launched on 10th December 2009 in collaboration with Central Bank Of India(CBI) and Star Union Dai-ichi Life Insurance Company Limited by Minister Of State For Finance Sh. Namo Narain Meena.

The other dignitaries who attended the function included Sh. G.C.Chaturvedi, Additional Secretary, Department of Financial Services, Ministry of Finance, Government of India, Sh S.Sridhar, Chairman & Managing Director National Housing Bank, Sh. M. Balachandran, Chairman, Star Union Dai-ichi Life Insurance Company Limited,Sh. R.V.Verma, Executive Director, National Housing Bank, Sh. Ramnath Pradeep, Executive Director Central Bank Of India, Sh. Arun Kaul Executive Director, Central Bank Of India, Sh. Kamalji Sahay, Chief Executive Officer, Star Union Dai-ichi Life Insurance Company Limited.

During the function a Memorandum of Understanding (MOU) was signed between Central Bank of India (CBI) and Star Union Dai-ichi Life Insurance Company Limited, for implementation of the scheme.

RML Event held on March,6th 2010 at Mayur Vihar Phase-II, Delhi:

As part of NHBs efforts to bring about awareness of Reverse Mortgage Loan, the Bank is in touch with various associations of retired persons, that is, essentially, senior citizens associations.

With this end in view, a seminar on Reverse Mortgage Loan Enabled Annuity Product (RMLeA) was organized jointly by National Housing Bank & Central Bank of India on 6 th March 2010 at Community Hall, Pocket-F Mayur Vihar Phase-II Delhi.

Mr. P.R. Jaishankar, Assistant General Manager, National Housing Bank made a presentation on the RMLeA Product.

Other dignitaries present on the occasion included Sh. P.K.Gupta, Assistant General Manager,Central Bank of India,Sh. O.P. Srivastava, Chief Manager Central Bank of India, Sh. Harish Arora, Senior Manager, Central Bank of India, Sh. K.K. Mishra,President, Senior Citizens Welfare Association Pocket-B Mayur Vihar Phase- II and Col. K.J.S.Dhanjal, General Secretary, Senior citizens Welfare Association Pocket-B Mayur Vihar Phase- II, Delhi.

Best Viewed with: Internet Explorer 6.0 + 1024x768, High Color

Site Maintained By