The National Housing Bank (NHB) convened a crucial meeting on April 17, 2025, with Managing Directors (MDs) and Chief Executive Officers (CEOs) of Housing Finance Companies, Small Finance Banks (SFBs), and Regional Rural Banks (RRBs) in Guwahati to discuss leveraging housing finance for regional development. With the theme “Unlocking Potential: Housing Finance as a Catalyst for North-East Development,” the session saw key officials, including Shri Manoj Ayyappan, Joint Secretary, Department of Financial Services, and Shri Kuldip Narayan, Joint Secretary (HFA), Ministry of Housing and Urban Affairs, explore the region’s housing finance landscape.
A primary focus was on PMAY 2.0, an interest subsidy scheme where NHB serves as the Central Nodal Agency. The discussions covered regulatory challenges and financing issues, alongside opportunities for growth. Notably, the virtual inauguration of new branches for PNB Housing Finance and Aadhar Housing Finance in Guwahati highlighted the sector’s expanding footprint in the region.