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Indiabulls Housing Finance raises Rs 325 crore through NCDs

26 Jun 2020 Evaluate

Indiabulls Housing Finance has raised Rs 325 crore through Secured, Redeemable, Non-Convertible Debenture and allotted 9.00%p.a. 3,250 NCDs having face value of Rs 10 lakh on a private placement basis. Date of Maturity of NCDs is December 24, 2021.

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

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