National Housing Bank and this bank ties up for the Rural Housing Inte – InterviewSolution

InterviewSolution

1.	National Housing Bank and this bank ties up for the Rural Housing Interest Subsidy Scheme (RHISS) of the Ministry of Rural Development.
Answer» Indian Overseas Bank has signed an MoU with National Housing Bank for the Rural Housing Interest Subsidy Scheme (RHISS) of the Ministry of Rural Development. The agreement was signed by R Subramaniakumar, MD and CEO of Indian Overseas Bank, and Sriram Kalyanaraman, MD and CEO of the National Housing Bank. The aim of the RHISS is to provide subsidy for housing loans taken by those living in rural areas for construction and modifications of their dwelling units.

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