The Reserve Bank today invited applications for the post of Chairman of housing finance regulator National Housing Bank.
The vacancy in NHB was created following appointment of its earlier head S Sridhar as Chairman and Managing Director of state-owned Central Bank of India.
The Chairman, according to the advertisement, will be responsible for overall development and day-to-day running of NHB, which is a wholly-owned subsidiary of RBI.
The Chairman will be required to lead an inter- disciplinary team, interact with the central and state governments, financial institutions, banks, international agencies and others, and will be accountable to the Board, it said.
The interested persons can send their applications to RBI within a fortnight, it said.
NHB was established in 1988 through an Act of Parliament to function as a principal agency to promote housing finance institutions and to provide financial and other support to such institutions.
The institute has been playing a vital role in financing of the real estate sector, now reeling under the impact of economic slowdown.