National Housing Bank (NHB) has a new Managing Director in Sarada Kumar Hota.
Prior to this appointment, Hota was Managing Director and Chief Executive Officer of Can Fin Homes.
Hota, who has assumed charge of his new role, has been appointed as housing finance regulator by the Appointments Committee of the Cabinet for a period of three years.
NHB had been headless since August last year when the former MD Sriram Kalyanaraman was forced to step down. Rakshita Das, additional secretary in the finance ministry, was holding additional charge as the Managing Director of NHB, which is now wholly owned by the Government.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.