MoneyWorks4Me

Indiabulls Housing Finance informs about updates

28 Sep 2021 Evaluate
Indiabulls Housing Finance has informed that it has sold a portion of its stake in OakNorth Holdings (the wholly owning parent company of OakNorth Bank plc) ('OakNorth') for approximately Rs 27 crores. The sale proceeds will be accretive to the regulatory net worth and the CRAR of the Company and will be added to the regulatory equity capital of the Company.

The above information is a part of company’s filings submitted to BSE.

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