The Reserve Bank of India has allowed IDFC to exit the IDFC First Bank after the expiry of the lock-in period of 5 years
Indiabulls Housing Finance said its board of directors has approved a proposal to raise over Rs 7,000 crore through various financial instruments
Indiabulls Housing Finance on Wednesday reported a two-fold jump in its profit after tax to Rs 276 crore in the quarter ended March 2021 helped by stable asset quality
The company's Board of Directors has recommended a final dividend of Rs 9 per share
Agency affirms company's long-term credit rating of "AA" and short term of "A1+"
Suven Life Sciences hit a record high of Rs 99.95 on Wednesday, having rallied 115 per cent thus far in December.
Dinabandhu Mohapatra is a former managing director and CEO of Bank of India
At over 30 per cent capital adequacy, the lender has raised Rs 2,780 crore of debt and Rs 2,577 crore of equity so far in FY21
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It is estimated that about Rs 700 - 900 crore of likely liability may hit the bank
Indiabulls Housing Finance's stock has now fallen below its QIP price
Indiabulls Housing Finance is aiming to raise up to Rs 1,000 crore through a QIP launched on Wednesday as well as partial divestment of its stake in UK-based OakNorth Bank in tranches, sources said.
About 4.8 million shares have changed hands on the BSE, which was 430 per cent higher than the average shares changing hands on the counter on the exchange in the past one week
Stocks of Indiabulls Group are in focus on Thursday, a day after Sameer Gehlaut stepped down as executive chairman of Indiabulls Housing Finance with immediate effect
From PM Modi laying foundation stone of Ram Temple, RBI Policy meet likely to keep lending rate unchanged to Airtel signing Amazon deal, here are the top news of the day
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The attrition is in line with the process we follow every year, says company
Sebi has also introduced limits on open positions for going short or long in index derivatives
The bank asserted that its financial health is sound and the Capital to Risk Weighted Assets ratio, the main parameter, is well above the limit prescribed by the RBI
Incremental cost of funds was high at nearly 9 per cent, key financials also remained under pressure in Q3