35

th
Meeting of the Chief Executives of HFCs, PSBs and
RRBs
May 31, 2013
Contents
Housing Sector in India
Performance of Primary Lending
Institutions (PLIs)- FY 2012-13
NHB in FY 2012-13
Future Outlook
2
Housing Sector in India
Increase in construction activities with active participation of
private sector
Continued to be served significantly by specialized HFCs &
Scheduled Commercial Banks
Availability of customized and multiple loan products
Proactive and Risk based Regulation
Effective recovery mechanism resulting in containment of NPAs
compared to other sectors of the economy
Mortgage Penetration at 9% of GDP compared to 5-6% earlier








Housing Shortage estimated for urban India at 18.78 Million
& rural India at 43.67 million wherein 90% shortage is for Below
Poverty Line and EWS/LIG segments
Performance of 47 Scheduled
Commercial Banks in FY 2012-13
Details Feb 2012 Feb 2013 Y-o-Y Variation
(in %age)
Gross Bank Credit 41,82,000 48,35,600 15.6
Housing Loans
(Priority & Non
Priority)
3,96,100 4,53,300 14.4
Out of which
Housing Loans
(Priority)
2,57,200 2,64,700 2.9
Housing loan as a
per cent of Gross
Bank Credit
9.48 % 9.38 % -0.10
Amount in crore
* Source: RBI-Sectoral Deployment of Bank credit
Performance of Major 19 PSBs in
FY 2012-13

Housing Loans
FY 2011-12 FY 2012-13 Growth

Total Disbursement

48,590

61,675

26.95 %
Total Outstanding 2,30,632 2,63,469 14.23 %
Disbursed Outstanding % NPA
Upto Rs. 2 Lac 2770 5015 10.52
Above Rs. 2 Lac - 5 Lac 3390 29951 3.61
Above Rs. 5 Lac - 10 Lac 9112 57030 2.14
Above Rs.10 Lac - 25 Lac 25606 101330 0.91
Above Rs.25 Lac 20797 70143 0.75
TOTAL
61675 263469 1.71
Amount in crore
Slab-wise Housing Loan of 19 Major PSBs in FY 2012-13
Performance of 57 HFCs in FY 2012-13
Parameters Housing
Loans
Other Loans Total

Loans Sanctioned
40314 17564

57878

Loans Disbursed
32713 12650

45362
Loans Outstanding
(As on March 31,2013)
2,85,711 1,01,333

3,87,044
Housings loans as percentage
to total loans and advances 73.81%
GNPA percentage as a total of
loan outstanding
1.09 %
Amount in crore
NHB Performance Highlights :2012-13
(upto 31
st
March 2013)
Cumulative Refinance Disbursements crossed Rs. 1 lakh crore
Disbursed Rs. 15750 crore under its various refinance
schemes in FY 2012-13. Of this, Rural areas accounted for
43% and loans below Rs. 15 lakh accounted for 75.63%.
A total of Rs. 4000 crore has been allotted under RHF in FY
2012-13 of which Rs. 3224.62 crore have been disbursed upto
31
st
March 2013 covering more than 1 lakh housing units.
Under its Housing Micro Finance (HMF) programme, 40210
housing units located both in urban and rural areas have
been financed through MFIs.



NHB Performance HighlightsContd.
NHB, as a Central Nodal Agency for ISHUP, a scheme of
MoHUPA, has disbursed subsidy claims amounting to Rs.
7.85 crore covering 8885 beneficiaries across 8 states
In 2012-13, NHB as a Nodal Agency for 1 % Interest Subvention
Scheme , has disbursed Rs.380 crore upto 31
st
Mar, 2013 to
banks & HFCs
NHB will be managing the CRGFTLIH set up by MoHUPA, GOI
and GRGFS as notified by GOI. 31 MLIs have signed MoU.
For the benefit and use of all stake holders of the housing
industry, NHB has been releasing Residential Price Index
known as NHB-Residex since 2007. The Index is released on
quarterly basis and now covers 26 cities. The latest Index
released is for January-March 2013.

Refinance Disbursements by NHB in
FY 2012-13 (as on 31-3- 2013)


Institution Category Regular
Scheme
RHF GJRHRS Total
Housing Finance Companies 2900 1302 1865 6067
Scheduled Commercial Banks 6007 1802 1650 9459
Regional Rural Banks 103 120 - 223
Cooperative Sector - - - -
Total 9010 3224 3515 15749
42.79 % of the total disbursement was towards RHF and GJRHFS
Amount in crore





Rural Housing Fund
Total Allocation (for the period 01.07.2012 to 30.06.2013): 4000 crore
Total Utilization (Till March 31, 2013): 3224 crore
Total Dwelling units constructed (Till March 31, 2013): 1,06,795 units
Rural Housing Fund - Allocation & Utilization
Year Allocation Utilization
Institution Category
HFCs SCBs RRBs Total No. of
Units

1st July 2012 to
31st March 2013


4000

1302

1802

120

3224

1,06,795
Amount in crore
Golden Jubilee Rural Housing
Finance Scheme (GJRHFS)
NHB Roles:
1. Monitoring of the scheme by setting annual targets and encouraging the
PLIs to fund under the scheme
2. Sending information to the GoI on the scheme status and updates

Status Update for the FY 2012-13 (April 2012 - March 2013) : Total
achievement has been 4,18,784 units against a target of 4,00,000 units i.e.
achievement of 105 %
Target allocated for FY 2012-13: 4,50,000 units to Banks, HFCs and RRBs
Target vs Achievement 2012-13
Institution April 2012 March 2013 Percentage Achievement
vis--vis target Target Achievement
No. of units No. of units
Housing
Finance
Companies
1, 40,000 2,02,941 145%
PSBs & RRBs
2, 60,000 2,15,963 83 %
TOTAL
4,00,000 4,18,784 105 %
Recent Developments in Housing Sector
Focus on Affordable Housing for Low Income and
Rural Housing
Focus on Energy Efficient homes
Setting up of Central Registry of Securitization Asset
Reconstruction and Security Interest of India (CERSAI)
, Credit Risk Guarantee Fund Trust for Low Income
Housing (CRGFTLIH) and India Mortgage Guarantee
Company Pvt Ltd (IMGC)
Increase in the number of cities under NHBs RESIDEX,
now covering 26 cities
Allowing External Commercial Borrowings (ECBs) for
low-cost affordable housing projects by HFCs and
builders



12
Formulation of draft Real Estate Regulation & Development
Bill Formulated
Tailor made products like RML and RMLeA for senior citizens
Introduction of Long Term Fixed Rate Mortgages for low
income segments
Initiation of Housing Start Up Index by RBI in collaboration
with MoHUPA
Dhanendra Kumar Committee recommending setting up of a
technology-enabled single-window portal for streamlining the
process of approvals for real estate projects
Release of Report on Housing Stock, Amenities and Assets in
Slums Based on House listing & House Census- 2011
Release of Technical Committee report on Housing
requirements in Urban areas during the 12
th
Five Year Plan by
MoHUPA.


Recent DevelopmentsContd.


Union Budget - 2013-14
for Housing Sector
Interest deduction up to 1.00 lakh for new home
loans up to 25.00 lakh
Setting up of Urban Housing Bank Fund with initial
corpus of 2,000 crore
Increase in RHF to 6,000 crore
Securitization Trusts exempted from Income Tax
Existing exemptions from service tax for low cost
housing and single residential units to continue




Future Outlook

Addressing the increasing housing shortage & supply
of mass scale housing for the lower income segments
Ensuring the quality of construction
Channelizing a mix of medium and long term funds
Development of simple securitized mortgage
products backed by adequate regulatory safeguards.
Risk mitigation and maintaining asset quality
Financial innovation
Need for proactive regulation and supervision










15
Thank You.