Indiabulls Housing Finance, one of the leading home loan providers in India, has proposed to issue 370 Secured Non-Convertible Redeemable Debentures with a face value of Rs 10 lakh each aggregating to Rs 37 crore, on Private Placement basis, pursuant to special resolution passed by the shareholders of the company at the Annual General Meeting held on September 07, 2015.
Indiabulls Housing Finance (IBHFL) is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).