Indiabulls Housing Finance has received an approval to issue Secured Non-Convertible Debentures and Unsecured Non-Convertible Debentures, in the nature of Subordinate Debt, up to Rs 25,000 crore and Rs 1,000 crore respectively, on private placement basis, in one or more tranches, from time to time. The Board of Directors of the company at their meeting held on August 02, 2018, authorized the same.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).
