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Indiabulls Housing Finance raises Rs 1,000 crore via NCDs

07 Aug 2018 Evaluate

Indiabulls Housing Finance has raised funds aggregating to Rs 1,000 crore through allotment of its fourth  tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each on Private Placement basis. The date of allotment is August 6, 2018, with a tenor of 10 years. These NCDs will mature on August 4, 2028.

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

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