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Indiabulls Housing Finance to raise Rs 5,000 crore through securitisation route in Q4FY21

15 Feb 2021 Evaluate

Indiabulls Housing Finance is looking to raise Rs 5,000 crore through the securitisation route in the fourth quarter of the current financial year (Q4FY21). In the three months ended December 31, 2020, the company had raised around Rs 2,000 crore through the route.  Overall, in 2020-21, the company has raised a total of Rs 28,119 crore through equity, bank lines, bonds and loan sell-downs.

The company is also seeing good traction in loan co-lending and expects active sourcing to begin next quarter with three other co-lending tie-ups which are into the final stages of integration.

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

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