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Indiabulls Housing Finance raises Rs 150 crore through NCDs

04 Jul 2020 Evaluate

Indiabulls Housing Finance has raised Rs 150 crore through Secured, Redeemable, Non-Convertible Debentures (NCDs) and allotted 1,500 NCDs having face value Rs 10 lakh each on a private placement basis. These NCDs have been subscribed by a large Indian public sector bank. Date of Maturity of above said NCDs will be January 03, 2022.

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

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