The Economic Times

Former NHB chairman Raj Vikash Verma passes away at 72; pioneered mortgage guarantee in India

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.