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Indiabulls Housing Finance raises Rs 150 crore via NCDs

31 Jul 2018 Evaluate

Indiabulls Housing Finance has raised funds aggregating to Rs 150 crore through allotment of its third tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each on Private Placement basis. The date of allotment is July 30, 2018, with a tenor of 5 years and it will mature on July 28, 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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