“Unless the bond markets fully mature, I don’t know the way out,” Banga said.

RBI’s “no” to Indiabulls will undoubtedly augment the panic situation in India’s financial industry.

Shares of Indiabulls Housing Finance has been under pressure post the filing of the PIL .

The development represents an effort to get out ahead of recent headlines.

There were only 5 instances, excluding Monday’s, when the scrip fell in double digits.

A bench of Chief Justice D N Patel and Justice C Hari Shankar issued notice to the central government, the Reserve Bank of India and Indiab...

Shares tumble on reports of PIL seeking probe into books of Indiabulls Housing; co says no such plea exists

This is the third time allegations of fraud are being levelled against Indiabulls Housing since May, when it announced a plan to merge with...

IBHFL, in a statement, denied the allegations and claimed that the petition was leaked in the social media with malicious intent.

'Derailing merger with Lakshmi Vilas Bank, causing damage to the company, shareholders the sole intent.'

The letter alleged that Indiabulls created more than 100 shell firms and took loans from NHB.

Here is a list of top stocks that are likely to be in focus in today's trading session.

The NSE Nifty index was trading 34 points down at 10,216, while the BSE Sensex was down 71 points at 33,247 around 10:40 am (IST).

Among the 50 stocks in the Nifty50 index, 27 settled in the green, while 22 in the red. One stock remained unchanged.

Golden Tobacco (GTC), a company promoted by Delhi-based industrialist Sanjay Dalmia, is facing a hostile takeover attempt by investor Pramo...

Indiabulls' tie-up with Sogecap for the life insurance business is on and the Indian firm is going ahead with its plans despite the problem...

The insurance regulator will sound out its French counterpart before clearing a proposed life insurance joint venture between Indiabulls Fi...