Page 6 - Indiabulls Housing Finance

Moody's downgrades Indiabulls Housing Finance ratings to Ba2 from Ba1

Asset quality stress has also increased in the housing finance company

Moody's downgrades Indiabulls Housing Finance's rating to Ba2 from Ba1

Most of the increase in stage 3 loans has come from the company's corporate loan segment

Indiabulls expects regulator's nod on merger with LVB in 2 months

Proposes Sameer Gehlaut as non-executive chairman and Gagan Banga as MD and CEO of the amalgamated bank

Indiabulls Housing Finance: Banking licence key after June quarter blip

Gross NPA ratio slips to 1.47%, worst in five years; incremental cost of funds escalate to 9.2%

Indiabulls loses Rs 6,000 crore following charges of money laundering

Rajya Sabha member Subramanian Swamy sent a letter to Prime Minister Narendra Modi, accusing the group of frauds worth Rs 1 lakh crore

Honest Shelters strikes agreement to buy Worli's iconic Palais Royale

Palais Royale was designed to accommodate immediate occupation following any earthquake in the city of Mumbai

Indiabulls Housing-Lakshmi Vilas Bank merger gets CCI approval

IBHFL will hold around 90.5% of the post-merger enhanced equity capital of the merged entity

Indiabulls Housing Finance-Lakshmi Vilas Bank merger gets CCI nod

The combined entity, with employee strength of 14,302, will have a loan book size of Rs 1.23 trillion for the first nine-month period

Indiabulls Housing Finance drops out of top-100 club in market-cap ranking

On Wednesday, the stock of housing mortgage company dipped 7 per cent to Rs 626 in intra-day trade, falling 15 per cent in past two trading sessions

Indiabulls Housing unlikely to gain much from stake sale in realty arm

At best, it could improve the company's liquidity situation

Indiabulls promoters ready to exit real estate business for bank merger

Indiabulls Housing Finance posted a net profit of Rs 1,006 crore in the fourth quarter ended March 2019 with net interest income of Rs 1,591 crore

Indiabulls Housing Finance plans Rs 26,000 cr borrowing this fiscal

The total resources raised in the fourth quarter of 2018-19 were Rs 17,300 crore, Indiabulls Housing Finance said in a regulatory filing

SoftBank invests Rs 2,800 cr in IndiaBulls Housing-backed OakNorth Bank

With this, total equity capital of Oak North bank, a British banking start-up, will rise to Rs 7,000 crore

Indiabulls HFC Q3 up 8.9% at Rs 985 cr; AUM expected to grow 20% - 25%

Loan assets rose by 16.2 per cent to Rs 1,24,271.1 crore at end of December 2018 from Rs 1,06,971.3 crore at end of December 2017

Indiabulls HF raises Rs 236.15 bn from 32 institutions via debt instruments

Of the total Rs 236.15 bn raised, Rs 174.1 bn is in the nature of long-term debt

Indiabulls Housing Finance Q2 profit jumps over 21% to Rs 10.4 billion

Total loans outstanding up 28.9% to Rs 1.29 trn; gross NPA at 0.77% for the quarter

To calm investors, Indiabulls Housing-Fin says liquidity position healthy

Company says it has a healthy liquidity position standing at Rs 200 billion as of September 2018

Indiabulls confident of growing business by over 20% in current fiscal

Indiabulls Housing has over the years followed strict discipline of maintaining an optimally matched balance sheet, high liquidity and high capital adequacy, the company said

SS Mundra appointed Independent Director of Indiabulls Housing Finance

The former Deputy Governor of the Reserve Bank of India (RBI) and senior banker is not replacing an existing member on the Board, the company says

Indiabulls Housing Finance's loans grow 34.3% in Q4

Though operating profit growth was satisfactory, a higher provisioning hit net profit growth, down to a 22.6 per cent rise, the lowest such in several quarters