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Indiabulls Housing Finance News
Indiabulls Housing Finance
LIC acquires additional 2% stake in Indiabulls Housing Finance
Sat, Feb 10, 2018
With this deal, LIC will now hold 9.33% share in Indiabulls Housing Finance
Market ends at fresh high for 3rd day in a row; Nifty hits 10,900 for 1st time
Fri, Jan 19, 2018
The Nifty PSU Bank (up 2.2 per cent) was the leading sectoral gainer, followed by Nifty Bank (up 1.4 per cent) and Nifty Financial Services (up 1.1 per cent).
Shriram Transport Finance to issue masala bonds worth Rs 475 crore
Thu, Jan 12, 2017
This would be the third NBFC to enter the masala bonds market. Till now only HDFC and Indiabulls Housing Finance have raised Rs 5000 crore and Rs 500 crore, respectively.
Interest Rate Cut: Real estate companies expect more to boost demand for housing
Thu, Jan 05, 2017
After all leading banks lowered their home loan rates, real estate developers are now expecting further rate cuts in order to boost demand for housing.
After Indiabulls Housing Finance, HDFC, now Dewan Housing Finance cuts home loan rate
Wed, Jan 04, 2017
Talking on the housing finance sector, Harshil Mehta CEO OF DHFL said, "The Government’s recent decision to provide interest rate relief to home buyers and to those who wish to plan a home in 2017, as well as several past initiatives have created a growth-enabling and conducive environment for the housing finance sector."
Indiabulls Housing Finance revises home loan rate by 45 basis points
Tue, Jan 03, 2017
Gagan Banga, Vice Chairman and Managing Director of Indiabulls Housing Finance said, "IBHFL's diversified funding mix and ALM-matched nature of our liabilities has enabled the company to reduce home loan rates by 45 basis points. Home loan rates are now at their lowest in six years and tremendously improves the buyers affordability."
India Inc's bond market fund raising grew 93% in November
Thu, Dec 01, 2016
Corporate bond market, so far this year, has seen a growth of 30.35%, at Rs 8.96 lakh crore compared to Rs 6.87 lakh crore in the corresponding period of the previous year.
NBFC shares suffer as Govt goes in demonetisation drive
Wed, Nov 16, 2016
“We believe companies which have lower exposure to the LAP books and low LTVs of around 60-65% would be in a better position to handle the deterioration in property prices. However, the near term demand for real estate is expected to be impacted,” Pandya said.
NBFCs raise Rs 24,000 crore via NCDs
Mon, Oct 17, 2016
Nearly Rs 24,000 crore has been garnered through non-convertible debentures (NCDs) with just 10 issuances in the first half of the year 2016.
Indian bond market at critical stage: Shaktikanta Das
Tue, Sep 27, 2016
Shaktikanta Das, Joint Secretary of Department of Economic Affairs said,"Indian bond is in critical stage and more need to be done for making more vibrant. Global economic situation is volatile. "
HDFC raises Rs 4500 crore from masala bonds till date
Mon, Sep 12, 2016
“The company has completed the third issue of rupee denominated bonds to overseas investors aggregating to Rs 1000 on September 12,” HDFC said in a statement.
Indiabulls Housing Finance's net profit rises by 23% to Rs 630 crore
Mon, Jul 25, 2016
The company reported net profit of Rs 630.05 crore for the quarter ended June, 2016 (Q1FY17), registering growth of 23.23% yoy (year-on-year). However, the current net profit declined by 6.72% compared to preceding quarter.
Income Tax Dept raids Indiabulls offices, stocks crash
Wed, Jul 13, 2016
Following the raid, shares of Indiabulls Housing Finance slumped by nearly 38 points or 5.09% at Rs. 705.50.