Services
Pre Incorporation
1. Making application to NHB for setting up of a housing finance company. This will include:
a. Preparing the application documents to be submitted to NHB;
b. Preparing business plan and projections for the prospective company;
c. Liaisoning with the NHB and other relevant authorities.
2. Guidance during NHB audit / inspection / any other process before the receipt of COR
3. Advisory for appropriate structure of the board
We have already made multiple successful applications to the NHB on behalf of clients for HFC licences.
Post Incorporation
- Recommending / validating and developing / re-engineering loan processes
- Recommending and developing or validating loan policies, including appraisal techniques & tools
- Product Development
- Development of IT Infrastructure
- Credit Risk Management
- Scoring Model
- MIS format
- Legal Operations
- NHB regulatory and compliance requirements
- Participating in the recruitment process of CEO / HoDs
- Organisation structure and HR policies
- Resource Mobilisation
Miscellaneous
1. Strategic Advisory
2. Training Courses tailored to specific business needs
3. Drafting of agreements, policies and codes
4. Due Diligence to meet NHB standards
Our Past Experience
- We have made multiple successful applications to the NHB on behalf of clients to procure HFC licences.
- We were engaged in developing a toolkit for IFC and NHB titled “India Toolkit for Low Income Housing Finance – A Practitioner’s Guide” along with Habitat for Humanity.
- We have developed a Global Housing Microfinance Toolkit and build capacity of Microfinance Institutions/NBFCs/Technical Service Providers using the Housing Microfinance Toolkit for International Finance Corporation and National Housing Bank (India).
- Affordable Housing Project of IFC (as a consultant to ICRA Management Consulting Services Limited)
- We developed a model for securitisation of low cost housing projects for an investment banking company called Musa Capital, South Africa.
- Royal Initiative on Housing, Jordan – we suggested a funding method that neutralizes the subsidy burden on the government, while making housing extremely affordable. Executive summary of our report
- Mr. Vinod Kothari has been retained by National Housing Bank for assisting them in promoting Covered Bonds in India.
- Mr. Kothari was a part of Working Committee formulated by National Housing Bank for promoting capital market instruments such as RMBS and Covered Bonds for the housing sector in India.
