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The National Housing Bank (NHB) was established in India in 1988 as a wholly owned subsidiary of the Reserve Bank of India with the primary objective of promoting housing finance institutions and supporting housing development. It functions as the apex financial institution in the housing sector, aiming to ensure adequate funds and credit flow for housing activities, particularly for the low- and middle-income groups. NHB ____ ______ _____ ____ ________ ___ _________ ____.
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