Sammaan Capital to ramp up affordable housing after IHC investment boost, CEO saysSammaan Capital is set to significantly expand its affordable housing loan offerings. A substantial $1 billion investment from Abu Dhabi's ...
By FY26 end, expect to disburse Rs 3,000 crore a month; ROE at 15% by FY27: Gagan Banga, Indiabulls Housing FinanceGagan Banga, VC & MD of Indiabulls Housing Finance, aims to disburse Rs 2,000 crore by FY25 and Rs 3,000 crore by FY26. The company has rai...
RBI move on LVB has no impact on merger proposal: IndiabullsIn April this year, Indiabulls Housing Finance (IBHF) had announced the proposed merger in April and applied for the RBI nod in May.
Issuing NCDs worth upto Rs 7000 crore: Gagan Banga, Indiabulls Housing Finance LtdGagan Banga said, "overall, our bond borrowing programme is more or less over for the year. We have no plans to come back to the retail mar...
Expect 20-25% growth rate for the next 3-4 years: Gagan Banga, Indiabulls HousingThe next two to three years is all about efficiently growing the asset book without causing any credit issues.
Indiabulls Housing Chairman Sameer Gehlaut raises stake in company to 23.8% from 23.51%Chairman Sameer Gehlaut and vice chairman Gagan Banga have collectively bought shares worth Rs 100 crore from the secondary market, the com...
Indiabulls Housing Finance's profit up 21 per cent to Rs 448 crore in Q2The core net interest income (NII) rose 14.3 per cent to Rs 737.4 crore, while total income rose to Rs 1,518 crore from Rs 1,400 crore.
Indiabulls Housing Finance to raise Rs 4,500 crore via bond issues in 2014-15Mortgage lender Indiabulls Housing Finance (IBHF) is aiming to raise Rs 4,500 crore through bond issues in 2014-15, a top company official ...
Mumbai Marathon 2014: Mumbai begins with a grand runThe Mumbai Marathon 2014 brings out the best of India's business capital once more. Kenyans swept the race but India Inc won the eyeballs.
Our home loan rates in line with competitors: Gagan Banga, Indiabulls Housing Finance"Home loans like any other asset class are essentially a function of the rate at which the economy grows."
Indiabulls Housing Finance to raise Rs 10,500 crore debt in FY14Given the hardening of rates in the money market, the company will be re-jigging its strategy to increase the share of securitisation for f...
Lending business has Tier 1 capital of Rs 5.5 thousand crore: Gagan Banga, Indiabulls Financial Services"The financial business which is a lending business already has a capital of approximately 5.5 thousand crores of core equity tier I."
- Indiabulls Fin Services merges with its home loan arm
Indiabulls Financial Services (IBFSL) has merged with Indiabulls Housing Finance (IHFL) and the new entity will focus on mortgage business.
- Indiabulls Financial Services reports 30% growth in Q3
The company reported a consolidated net profit of Rs 327 crore in the third quarter ending December 2012 against Rs 250 crore in correspond...
- We are projecting a growth of a little over 30%: Gagan Banga, CEO, Indiabulls Financial Services
The loan asset mix has been quite ideal: 70% of our assets is mortgage assets, 10% on incremental basis, 8% is commercial vehicle assets an...
- Last 8 quarters loan book growing at Rs 2000 cr: Gagan Banga, Indiabulls Financial
"The more important thing from a shareholder perspective is that the company is now achieving a 20% type of return on equity," said Gagan B...
- Indiabulls Realestate to build residential apartments
Indiabulls Realestate will develop 3.5 million square feet area for commercial purposes and build 50,000 residential apartments in Mumbai, ...