MoneyWorks4Me

Indiabulls Housing Finance raises Rs 1,000 crore from Yes Bank

03 Jan 2018 Evaluate

Indiabulls Housing Finance (IBHF) has raised Rs 1,000 crore from private sector lender Yes Bank in the country’s maiden social affordable housing bond sale. The money raised through the sale of the five-year bonds will be used exclusively for financing the affordable housing sector.

Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).


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