Indiabulls Housing Finance raises Rs 1000 crore via NCDs

Indiabulls Housing Finance has raised funds aggregating to Rs 1000 crore via private placement. The Board of Directors of the company at their meeting held on November 22, 2018 has allotted 10,000 Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating to Rs 1,000 crore. These NCDs are proposed to be … Read more

Indiabulls Housing Finance raises Rs 23,615 crore in last 2 months

Indiabulls Housing Finance has raised Rs 23,615 crore in the last 2 months from 32 financial institutions in various debt instruments, securitization and sanctions. Of the total of Rs 23,615 crore raised, Rs 17,410 crore is in the nature of long term debt. The fund raising is in line with the company’s objectives of maintaining … Read more

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