In terms of the mandate given to NHB towards the promotion and development of housing finance system in the country, NHB participates in the equity share capital of HFCs and other related companies. Currently, NHB is a participant in the equity share capital of five institutions, namely
CBHFL, a subsidiary of Central Bank of India is an HFC registered with NHB. The total investment made by NHB in the equity share capital of CBHFL as on June 30, 2022, is ₹5.10 crore.
CERSAI is a company licensed under Section 25 of the Companies Act. The objective of CERSAI is to maintain and operate a Registration System for the purpose of registration of transactions of securitization, asset reconstruction of financial assets and creation of security interest over property, as contemplated under Chapter IV of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). The total investment made by NHB in the equity share capital of CERSAI as on June 30, 2022, is ₹2.44 crore.
TNIFMC is an Asset Management Company incorporated under the Companies Act, 2013 and has been promoted by Tamil Nadu Investment Development Board (TNIDB), which is a Statutory Board set up for development of infrastructure in Tamil Nadu and governed by TNIDB Act, 2012. The total investment made by NHB in the equity share capital of TNIFMC as on June 30, 2022, is ₹5.40 crore.
IMGC is a Mortgage Guarantee Company regulated by RBI. The total investment by NHB in the equity share capital of IMGC as on June 30, 2022, is ₹76 crore.
SIDBI is the principal financial institution for promotion, financing and development of micro, small and medium
enterprise (MSME) sector and for co-ordination of functions of the institutions engaged in similar activities. Under Section 14(c) of the NHB Act, 1987, the total investment made by NHB in the total paid up equity capital of SIDBI as on June 30, 2022, is ₹642.20 crore.