Former NHB chairman Raj Vikash Verma passes away at 72; pioneered mortgage guarantee in India
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Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Former National Housing Bank chairman Raj Vikash Verma passed away Friday at age 72.
- ✓He pioneered mortgage guarantee in India and led many affordable housing initiatives.
- ✓Rishi Anand said, "He was truly an institution in himself," noting how Verma mentored many.
Story at a Glance
- Category
- MARKET
- Reported By
- Economic Times
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Raj Vikash Verma, a leading figure in the financial sector, passed away at the age of 72. He played a crucial role in advancing housing finance and mortgage markets in India. Verma served as the chairman of the National Housing Bank and oversaw many key initiatives in the sector. His work laid the foundation for mortgage-backed securitization and affordable housing programs.
Kolkata: Raj Vikash Verma, an eminent Indian financial sector leader, corporate director and the former National Housing Bank Chairman, passed away Friday at the age of 72.
Verma, who donned many hats in his professional journey spanning over four decades in housing finance, mortgage and financial markets, breathed last in his sleep on Friday morning.
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Economic Times
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