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Indiabulls Housing Finance raises Rs 100 crore via NCDs

31 May 2018 Evaluate

Indiabulls Housing Finance has raised fund aggregating to Rs 100 crore through allotment of its fifteenth tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each on Private Placement basic. The allotment date of the NCDs is May 30, 2018, with a tenor of 5 years and has a maturity date on May 30, 2023.

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

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