Who was appointed as the new Managing Director of the National Housing Bank (NHB) in July 2024?

Correct option is C

• Previous Roles:

  • Centrum Housing Finance Limited (CHFL): Founding MD and CEO since October 2016.

  • Cent Bank Home Finance Ltd. (CBHFL): MD and CEO, where he notably tripled assets under management and enhanced asset quality within three years.

  • ING Vysya Bank: Business Head of Consumer Assets, instrumental in expanding the consumer loan segment.

  • Tata Capital: First Business Head for retail housing finance.

  • Citibank: Vice President and Area Director, leading mortgage distribution in tier-II and tier-III cities. 

• Educational Background: Shri Shukla began his career in 1991 as an officer at LIC Housing Finance Limited, marking the start of his extensive journey in the housing finance sector. 

• National Housing Bank (NHB): Established on July 9, 1988, under the National Housing Bank Act, 1987, NHB serves as the apex regulatory body for housing finance companies in India. It operates under the jurisdiction of the Ministry of Finance, Government of India. citeturn0search13