Indiabulls Housing Finance has exited from UK-based OakNorth Holdings for about Rs 3,049 crore. In November 2015, Indiabulls Housing Finance acquired a 39.76 per cent stake in OakNorth Holdings for Rs 663 crore (USD 100 million).
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).