"The sale proceeds will be accretive to the regulatory net worth and the CRAR (capital-to-risk weighted asset ratio) of the company and wil...

The process of institutionalisation of the board has been ongoing for the last few years and the recent change at the level of the chairman...

With the latest stake sale, the company has raised a total of Rs 2,493 crores as fresh equity in September and October this year. While Rs ...

"Indiabulls Housing Finance has further sold a portion of its stake in OakNorth Holdings Ltd (the wholly owned parent company of OakNorth B...

Vice chairman Gagan Banga said the company has now raised a total of $300 million so far this fiscal with plans to raise a similar amount i...

Future group firm Future Enterprises reported a fresh default on interest payment of non-convertible debentures (NCDs).

OakNorth Holding Ltd is the parent company of the UK bank OakNorth Bank. OakNorth Bank was launched in September 2015 and Indiabulls had in...

Indiabulls Housing Finance has further sold a portion of its stake in OakNorth Holding, the wholly owning parent company of OakNorth Bank t...

We have raised more than Rs 1,200 crore through QIP and part stake sale in OakNorth Bank

Japanese auto major Suzuki Motor Corporation (SMC) has increased its stake in Indian subsidiary Maruti Suzuki to 56.37%.

The mortgage lender has launched a qualified institutional placement (QIP) offering to raise money from institutional investors, the compan...

The fall came despite Indiabulls Housing Finance saying the sale proceeds will be accretive to the regulatory net worth and the CRAR of the...

The current loan book of OakNorth is Rs 21,390 crore and the bank has no delinquencies as on date, the company claimed.

"With this investment, the total equity capital in the bank will be Rs 7,000 crore," Indiabulls Housing Finance said in a regulatory filing.

Here is a look at the key stocks trending in news this morning.

The PE fund is investing in fresh and existing shares equivalent to 30 per cent stake in OakNorth Holdings

The company, however, maintains that the acquisition is a strategic addition to the business and will improve its perception among sharehol...