The board of mortgage lender Indiabulls Housing Finance on Saturday approved the appointment of Dinabandhu Mohapatra as an independent director of the company with effect from November 23. Mohapatra w...

Indiabulls Housing Finance on Friday said it has sold an additional stake in OakNorth Holdings Ltd for Rs 220 crore. The sale proceeds will be accretive to the regulatory net worth and the CRAR (capit...

Indiabulls Housing Finance on Thursday said it has sold a part of its stake in the UK-based OakNorth Holding Ltd, the parent company of OakNorth Bank Ltd, to HighSage Ventures LLC for Rs 440 crore. I...

Indiabulls Housing Finance Limited (IHFL) has appointed former RBI deputy governor Subhash Sheoratan Mundra as its non-executive chairman — a strategic move that many believe signals that the fi...

Mid-sized private sector lender Lakshmi Vilas Bank (LVB) is merging with Indiabulls Housing Finance (IBH), a move that will give the latter yet another shot to become a bank.The boards of both the ent...

Indiabulls Housing Finance, the country’s second largest housing finance company, on Wednesday said it will buy back debt worth Rs 2,705 crore from investors before they mature. The company will buy...

Shares of Yes Bank went into a tailspin on Tuesday despite a positive opening, tumbling nearly 23 per cent, amid worries over stress in the financial system.The scrip came under massive selling pressu...

The Reserve Bank of India (RBI) has brought Lakshmi Vilas Bank (LVB) under its prompt corrective action (PCA) framework — a development that may put Indiabulls Housing Finance’s (IHFL) merger with...

NBFCs have been facing difficulties in mobilising liquidity after the crisis at IL&FS, with over Rs 1 lakh crore of commercial paper (CP) due for redemption this month alone. In fact, the liquidit...

The Reserve Bank of India has rejected the proposed merger of Indiabulls Housing Finance Ltd (IHFL) with Lakshmi Vilas Bank (LVB).“This is to inform that the RBI vide its letter dated October 9, 201...