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Indiabulls Housing Finance
Business  /  Published 22.11.20

Former BoI boss joins Indiabulls

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...
By Our Special Correspondent in Mumbai

Business  /  Published 17.10.20

Indiabulls divests in OakNorth

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...
By Our Special Correspondent in Mumbai

Business  /  Published 11.09.20

Indiabulls sells UK bank stake

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...
By Our Special Correspondent in Mumbai

Business  /  Published 13.08.20

Churn signals Indiabulls bank hope

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...
By Our Special Correspondent in Mumbai

Business  /  Published 05.04.19

Lakshmi Vilas, IBH to merge

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...
By Our Special Correspondent in Mumbai

Business  /  Published 03.07.19

Indiabulls to buy back debt

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...
By Our Special Correspondent in

Business  /  Published 01.10.19

Yes Bank shares crack 23%

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...
By PTI in New Delhi

Business  /  Published 28.09.19

Curbs on Lakshmi Vilas Bank

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...
By Our Special Correspondent in Mumbai

Business  /  Published 05.11.18

Housing finance firms hit after govt comment

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...
By Our Special Correspondent in Mumbai

Business  /  Published 09.10.19

RBI spikes Indiabulls, LVB merger

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...
By Our Special Correspondent in Mumbai


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